Swedish climate activist Greta Thunberg says a decal bearing an energy services company’s logo below a cartoon depicting what appears to be a sexual assault shows desperation.
An Alberta woman complained to the RCMP earlier this week about the black-a…
SMITHERS, B.C. — Senior government ministers and a Wet’suwet’en hereditary chief say they remain optimistic talks will break an impasse over a pipeline dispute that has sparked widespread solidarity protests and transport disruptions.
Federal Crown-In…
February 28, 2020 Reuters Canadian National Railway Co has started calling back many of the 450 workers it laid off earlier this month in eastern Canada, when blockades crippled operations on strategic rail lines, according to a company email sent to customers on Friday.Earlier this week, police made 10 arrests and cleared a blockade in eastern … Read more
What EnergyNow Does for Your Company Effectively markets your products or services to an energy industry audience Consistently gets your company exposure Generate Leads/Exposure for your company Generates Brand Recognition Compliments your direct sales efforts Grows your social media following with EnergyNow exposure Provides you with a content marketing plan Three Great Kick Start Promotions NOTE: *All … Read more
Premier Jason Kenney Provide details about Bill 1, the Critical Infrastructure Defence Act. Learn more
Whaler Industrial Contracting, a subsidiary of the Trotter and Morton Group of Companies, operates as a general and prime contractor specializing in mechanical, structural, modular, and electrical construction. Our focus is on small to large-scale capital projects, shutdowns, emergencies, and preventative maintenance for clients in the oil and gas, energy, and heavy industrial sectors of … Read more
Absolute Public Online Industrial and Commercial Equipment Auction Bidding Starts Closing: Wednesday, March 4th & Thursday March 5th, 2020 at 10 am (MST) To see our other auctions and/or to register to this one, please visit: clubbid.com
Canada’s drilling rig count is down 4 actively drilling rigs according to data collected by Baker Hughes for the week ending February 28, 2020. From one week ago, Alberta rig counts increased 7 to 159 and the Saskatchewan rig counts decreased 11 to 59. Oil drilling decreased 6 to 163 and gas increased 2 to … Read more
February 28, 2020 Reuters U.S. energy firms reduced the number of oil rigs operating for the first time in four weeks as some companies expect output growth from shale formations to slow as producers cut spending on new drilling for a second consecutive year in 2020.Drillers cut 1 oil rig in the week to Feb. … Read more
Here is the latest news on protests across Canada over a natural gas pipeline project in British Columbia (All times Eastern):
12:30 p.m. ET
The Mohawk Council of Kahnawake is proposing that its Peacekeepers head up a temporary Indigenous police for…
CALGARY — RCMP in central Alberta say a decal that appears to show a well-known teenage climate activist in a sexual act is not child pornography.
The decal bears the logo of X-Site Energy Services below a cartoon figure seeming to depict 17-year-old …
The shelving of the proposed $20.6-billion Frontier oilsands mine this week stems mostly from the length of time it took for it to win regulatory approval, says the CEO of oilsands producer Husky Energy Inc. The project application was withdrawn by Teck Resources Ltd. last Sunday, just days before the federal government was to rule … Read more
MONTREAL — Despite a rout on North American stock markets Friday, SNC-Lavalin Group Inc. shares jumped 11 per cent or $3.08 to close at $31.20 on the Toronto Stock Exchange following the release of its quarterly financial results.
CEO Ian Edwards said…
By Grant Smith Feb 27, 2020 (Bloomberg) OPEC and its allies are displaying a “renewed commitment” to reach an accord that will stabilize oil markets hit hard by the coronavirus, the group’s top official said.All eyes will be on the group’s meeting next week after crude prices slumped to a one-year low below $46 a barrel … Read more
February 28, 2020 Reuters Oil prices fell for a sixth straight session on Friday and were on track for about a 12% weekly fall, the biggest in more than four years, as the spread of the coronavirus outside China raised fears of slowing global demand.The virus, which has killed more than 2,700 people in China, has … Read more
By Lorcan Roche Kelly Feb 28, 2020 (Bloomberg) Stocks get ugly, rush to Treasuries, and virus risk stays high. Here are some of the things people in markets are talking about today. Rout deepens The global stock selloff has already seen the S&P 500 Index enter the fastest correction — a fall of more than 10% — in history, taking just six … Read more
February 27, 2020 CNW CALGARY, Feb. 27, 2020 /CNW/ – Advantage Oil & Gas Ltd. (“Advantage” or the “Corporation”) is pleased to announce its 2019 results, including considerable progress on liquids growth, continued operational excellence of our low-cost natural gas foundation, and solid performance on our 2019 objectives. With modern, low emissions-intensity assets and our Glacier Carbon Sequestration … Read more
February 27, 2020 CNW Pembina’s record annual earnings, cash flow and adjusted EBITDA were driven by new assets recently placed into service All financial figures are in Canadian dollars unless noted otherwise. CALGARY, Feb. 27, 2020 /CNW/ – Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA) announced today its financial and operating results for the fourth … Read more
February 27, 2020 CNW CALGARY, Feb. 27, 2020 /CNW/ – OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) (“Obsidian Energy“, the “Company“, “we“, “us” or “our“) announces the extension of the Company’s syndicated credit facility with the underlying borrowing base and amount available under the syndicated credit facility set at $550 million and $450 million, respectively, subject to specific items being … Read more
February 27, 2020 CNW CALGARY, Feb. 27, 2020 /CNW/ – Crew Energy Inc. (TSX: CR) (“Crew” or the “Company“) is pleased to confirm the first of two closings of our previously announced strategic transaction with a third party midstream company (the “Transaction“), which was announced on January 17, 2020. The Transaction is one of many innovative value-creation initiatives Crew has … Read more
February 28, 2020 CNW AltaGas delivers strong fourth quarter results, achieves 2019 guidance and enters 2020 focused on operations and growth in its Utilities and Midstream businesses CALGARY, Feb. 28, 2020 /CNW/ – AltaGas Ltd. (AltaGas or the Company) (TSX: ALA) today reported fourth quarter and full-year 2019 financial results. AltaGas also reaffirmed its 2020 outlook and provided an update … Read more
February 27, 2020 PR Newswire CALGARY, Feb. 27, 2020 /CNW/ – TORC Oil & Gas Ltd. (“TORC” or the “Company”) (TSX: TOG) is pleased to announce financial and operating results for the three months and year ended December 31, 2019 and to provide 2019 year-end reserves information as evaluated by Sproule Associates Limited (“Sproule”). The associated Management’s Discussion and Analysis … Read more
February 27, 20209 CNW CALGARY, Feb. 27, 2020 /CNW/ – Whitecap Resources Inc. (“Whitecap” or the “Company”) (TSX: WCP) is pleased to report its operating and audited financial results for the quarter and year ended December 31, 2019. Selected financial and operating information is outlined below and should be read with Whitecap’s audited annual consolidated financial statements and … Read more
Published on February 27, 2020 February 28th, 2020, is the 25th anniversary of one of the most important federal budgets in Canada’s history. It took decisive steps to finally solve a problem of runaway deficits and debt that had begun in the late 1960s and grown worse, almost without pause, for over three decades. Not … Read more
“How Midstream infrastructure can restore the Western Canadian Advantage”. The PJVA’s March 26th Luncheon features Chris Rousch, President and CEO of Veresen Midstream, Canada’s largest private Midstream gas processing company. Western Canadian oil and gas producers continue to face significant challenges that affect their ultimate competitiveness when compared to other US shale plays. A discussion of … Read more
GET TICKETS HERE – www.petroleumaccountants.com/events/insights non-members welcome! earn up to four hours of verifiable CPD credits Topics: Redwater: A post-Mortem & Legal Perspective Ashley Weldon & Tasha Wood, Burnet, Duckworth & Palmer LLP, Charla Smith, Hardie & Kelly The Orphan Well Association & Its Challenges Lars Depauw, Orphan Well Association Understanding the New Canadian Energy … Read more
OTTAWA — Prime Minister Justin Trudeau will sit down with provincial and territorial leaders on March 13 to wrestle with some of the thorny issues that are dividing the nation.
The first ministers’ meeting, to be held in Ottawa, is to cover climate ch…
SMITHERS, B.C. — The hereditary chiefs of the Wet’suwet’en are scheduled to meet for a second day with senior federal and provincial ministers today as they try to break an impasse in a pipeline dispute that’s sparked national protests and led to disr…
CALGARY — An Alberta woman says she has complained to the RCMP about a decal bearing an energy services company’s logo below a cartoon depicting what appears to be the sexual assault of 17-year-old Swedish climate activist Greta Thunberg.
The sticker …
February 27, 2020 Business Wire CALGARY, Alberta – Seven Generations Energy Ltd. (TSX: VII): FOURTH QUARTER 2019 HIGHLIGHTS Net income per diluted share was $0.24 in the fourth quarter, and $1.36 for the full year, an increase of 12% over 2018 on a full year basis. Fourth quarter and full year 2019 funds flow was $353 … Read more
Here is the latest news on protests across Canada over a natural gas pipeline project in British Columbia (All times Eastern):
10:30 a.m. ET
About 20 demonstrators have gathered near train tracks in Kingston, Ont.
Local police say the group gathered…
By Lorcan Roche Kelly Feb 27, 2020 (Bloomberg) Stocks extend losses, coronavirus shutdowns widen, and policy response expected to increase. Here are some of the things people in markets are talking about today. Still falling Global stocks continue to drop as investor fears over the spread of the coronavirus increase. Indexes in Asia were lower with Japan’s Topix closing … Read more
By Ann Koh and Alex Longley Feb 27, 2020 (Bloomberg) Oil extended losses after closing at a 13-month low as more new coronavirus cases were reported outside China than within, adding to fears the world is on the brink of a pandemic that will take a hefty toll on economic growth.Equity markets tumbled in Europe, despite President Donald … Read more
By Divya Balji Feb 27, 2020 (Bloomberg) Canada’s stock market rally has cracked. Volatility has spiked. And investors have been piling into government bonds, pushing yields to near-record lows. Anxiety is everywhere for investors in the nation’s markets as the coronavirus outbreak and protests that hobbled rail traffic are magnifying concerns about an economic slowdown. The … Read more
February 26, 2020 Globe Newswire CALGARY, Alberta – Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX:CJ) is pleased to present the results of its independent reserve report effective December 31, 2019. Cardinal’s year-end 2019 reserves were evaluated by independent reserves evaluator GLJ Petroleum Consultants (“GLJ”) as at December 31, 2019 (the “2019 Reserve Report”). The 2019 … Read more
February 26, 2020 VICTORIA (February 26, 2020) – The BC Liberals are calling on John Horgan and the NDP to condemn the actions of foreign organizations funnelling millions of dollars into groups intent on creating economic chaos in British Columbia. “Our province has seen at least $4.2 million in U.S. funds funnelled to just six … Read more
CALGARY — Husky Energy Inc. reported a loss of $2.34 billion in its latest quarter as it took asset impairment and other charges related to its long-term price assumptions and reductions in its long-term capital spending plans.
The company says the lo…
Each week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 34 energy and energy service companies with regular updates. He holds quarterly subscriber webinars and provides Action BUY and SELL … Read more
RCMP began enforcing an injunction earlier this month that prevents interference with construction of a $6.6-billion natural gas pipeline in northern British Columbia.
Here is a timeline of the dispute, which led to rail disruptions by people showing …
EDMONTON — It’s budget day in Alberta.
And while the United Conservative finance minister is saying the province remains on track to end the deficit, the Opposition NDP is warning people to brace for deep cuts.
Finance Minister Travis Toews will intro…
SMITHERS, B.C. — The hereditary chiefs of the Wet’suwet’en sat down Thursday with senior government ministers to discuss a pipeline dispute that has caused protests across the country, shutting down freight and passenger rail services.
Federal Crown-I…
VICTORIA — Traffic was moving Wednesday night on a major highway in the Victoria area after a protest blocked the road earlier in the day.
About 100 people were blocking the Patricia Bay Highway Wednesday afternoon, said Sgt. Paul Brailey of the Centr…
VICTORIA — Traffic was moving Wednesday night on a major highway in the Victoria area after a protest blocked the road earlier in the day.
About 100 people were blocking the Patricia Bay Highway Wednesday afternoon, said Sgt. Paul Brailey of the Centr…
VICTORIA — Traffic was moving Wednesday night on a major highway in the Victoria area after a protest blocked the road earlier in the day.
About 100 people were blocking the Patricia Bay Highway Wednesday afternoon, said Sgt. Paul Brailey of the Centr…
EDMONTON — Alberta is to bring in its new budget Thursday while juggling a sluggish economy, multibillion-dollar deficits and escalating conflicts with public-sector workers.
“There continues to be heavy lifting in front of us as a province. But I wil…
CALGARY — Alberta Premier Jason Kenney is warning the province’s $1-billion fund established last year to support Indigenous participation in major projects won’t have any projects to back if the forces that helped kill the Frontier oilsands mining pr…
OTTAWA — As tensions at rail blockades in Quebec and Ontario escalated Wednesday, Public Safety Minister Bill Blair appeared to dismiss the notion that police will move completely out of the vast Wet’suwet’en territory in British Columbia.
The heredit…
Here is the latest news on protests across Canada over a natural gas pipeline project in British Columbia (All times Eastern):
___
10:45 a.m. ET
Ontario Provincial Police say fires at a second protest encampment in Tyendinaga Mohawk Territory have bro…
By Lorcan Roche Kelly Feb 26, 2020 Word Count: 528 (Bloomberg) —No sign of a recovery in markets, coronavirus spread continues, and Sanders still Democratic front runner after debate. Here are some of the things people in markets are talking about today. Down again The selloff in stocks which has seen the S&P 500 Index register its worst … Read more
By Rakteem Katakey and Ann Koh Feb 26, 2020 (Bloomberg) Oil extended declines to the lowest in a year on fears the fast-spreading coronavirus will take a major toll on the global economy.Futures in New York fell 1.4% after plummeting more than 7% over the previous three sessions. Top U.S. health officials on Tuesday warned of a domestic … Read more
By Carlos Caminada Feb 25, 2020 (Bloomberg)Canada’s oil-rich province of Alberta, seeking to head off blockades that have paralyzed parts of the country’s rail network in recent weeks, introduced legislation to increase penalties for protesters who damage or interfere with infrastructure.The bill proposed Tuesday by Alberta Premier Jason Kenney would add penalties of as much … Read more
By Theophilos Argitis Feb 26, 2020 (Bloomberg) Justin Trudeau’s ambition was to forge a grand bargain to develop Canada’s resources. In trying to please everyone, he has pleased no one. The prime minister pledged that increased support for the environment and indigenous rights would help win the social license for major projects. It hasn’t worked out … Read more
February 25, 2020 | Source: Gibson Energy Inc. CALGARY, Alberta, Feb. 25, 2020 (GLOBE NEWSWIRE) — US Development Group, LLC (through a wholly-owned affiliate, collectively USD) and Gibson Energy Inc. (Gibson) (TSX: GEI) jointly announced the receipt of all required regulatory approvals from the Government of Alberta to proceed with the construction of a diluent recovery unit … Read more
By Mario Toneguzzi @Mtone123 Alberta’s energy sector has seen many ups and downs over the past few decades with change always being a significant element of the industry. And industry icon Eric Newell, former CEO of Syncrude, has been there every step of the way to witness the evolution of the oilsands as they became … Read more
Each week, XI Technologies scans its unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you’d like to receive our Wednesday Word to the Wise in your inbox, subscribe here. For the past few months, XI Technologies has been tracking the status … Read more
CALGARY — Long pipeline routes that cross provincial and Indigenous territorial boundaries are part of the reason that Canada is a more difficult place than the U.S. to build major energy projects, according to American analysts.
The comments came in…
EDMONTON — Different rulings from courts on the federal government’s carbon tax are a result of judges working through a section of the Constitution that is seldom used, say legal experts.
They say the decisions — two siding with Ottawa and one agains…
A meeting between the Wet’suwet’en hereditary chiefs, the federal government and the British Columbia government is set to take place Thursday after it was abruptly cancelled Wednesday, one of the leaders of the First Nation said.
Chief Na’Moks, who a…
CALGARY — Alberta government lawyers are to be in a Calgary court today to ask for a stay of an order requiring it to make a decision on a proposed oilsands project near Fort McMurray.
Last week, Court of Queen’s Bench Justice Barbara Romaine gave the…
MONTREAL — Canadian Pacific Railway obtained an injunction Tuesday aimed at ending a blockade erected more than two weeks ago in a Mohawk community south of Montreal.
Coming a day after Kahnawake’s elected band council had praised the railway and the …
OTTAWA — The Canadian Federation of Agriculture called for “decisive action” from the federal government Tuesday as it warned that rail blockades across the country were causing critical supply shortages for farmers and hurting their ability to get pr…
VANCOUVER — First Nation leaders were among dozens of people arrested as police enforced injunctions against protesters across the province late Monday and Tuesday.
The arrests followed an intensification of rail and road blockades amid little sign of…
CONTRIBUTORS Rania El Gamal Reuters Simon Webb Reuters PUBLISHED FEB 25, 2020 By Rania El Gamal and Simon Webb CREDIT: REUTERS/HAMAD I MOHAMMED DAMMAM, Saudi Arabia, Feb 24 (Reuters) – Saudi Aramco is launching the biggest shale gas development outside of the United States to boost domestic gas supply and end the burning of oil at its power generation … Read more
Here is the latest news on protests across Canada over a natural gas pipeline project in British Columbia (All times Eastern):
9:50 p.m.
Toronto police are responding to a protest in the city’s west end.
Police say they are on scene to keep the peac…
By Lorcan Roche Kelly Feb 25, 2020 (Bloomberg) Coronavirus spread continues, markets lower again, and hopes rise for a vaccine. Here are some of the things people in markets are talking about today. More new cases The spread of the coronavirus continues, with more cases appearing outside China even as the rate of new infections there continues to slow. … Read more
By Ann Koh and Grant Smith Feb 25, 2020 (Bloomberg) Oil steadied after the biggest drop in almost seven weeks as investors attempted to gauge the economic impact of the fast-spreading coronavirus and the potential response from producers.Futures held above $51 a barrel in New York after tumbling 3.7% on Monday amid a broad market sell-off driven by … Read more
By Verity Ratcliffe and Matthew Martin Feb 25, 2020 (Bloomberg)OPEC hasn’t decided yet to extend or modify its agreement to cut oil output, Saudi Arabia’s energy minister said, as the group grapples with the threat to crude demand from an intensifying spread of the coronavirus.The Organization of Petroleum Exporting Countries and its allies are to … Read more
By Kevin Orland and Robert Tuttle Feb 25, 2020 Canada’s oil sands industry may have already built its last big mine. The cancellation of Teck Resources Ltd.’s Frontier project in northern Alberta — which envisaged producing more crude than OPEC member Gabon — epitomizes the struggles of an industry that has already seen most foreign … Read more
February 25, 2020 07:00 ET | Source: Pipestone Energy Corp. PDF available at http://ml.globenewswire.com/Resource/Download/502832a7-96a1-4423-8d94-3524f6fd4280 CALGARY, Alberta, Feb. 25, 2020 (GLOBE NEWSWIRE) — (PIPE – TSX-V) Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) is pleased to report its year-end 2019 independent reserves evaluation prepared by McDaniel & Associates Consultants Ltd. (“McDaniel”) with an effective date of December 31, 2019 (the “McDaniel Report”). … Read more
February 24, 2020 CNW MONTREAL – The decision by Teck Resources to abandon its Frontier oilsands mine project in northern Alberta shows once again that Canada’s regulatory, legal, and political environment entails unreasonable delays and uncertainty that chases investors away. “In Canada, getting an energy infrastructure project approved and implemented is a real challenge, even when the project meets all legal and … Read more
February 24, 2020 CNW CALGARY – Journey Energy Inc. (JOY – TSX) (“Journey” or the “Company“) is pleased to report its year-end 2019 oil and gas reserves evaluation and guidance for the first half of 2020. During 2019, the Company invested approximately $21 million in capital projects net of acquisition and divestiture (“A&D“) activities, which were minimal in 2019. … Read more
BY TOM VERNON GLOBAL NEWS Posted February 24, 2020 6:53 am Updated February 24, 2020 2:30 pm In a 4-1 majority decision, the Alberta Court of Appeal has deemed the federal Liberals’ carbon tax to be unconstitutional.The federal backstop came into effect in Alberta on Jan. 1, and applies to gasoline, diesel and home heating fuels.In its findings, three … Read more
As you likely already know, the Government of Saskatchewan recently passed Directive PNG034: Saskatchewan Pipelines Code and Pipelines Administration and Licensing Regulations (PALR). Part of this directive requires that flowlines in the province of Saskatchewan must now be licensed through the Ministry of Energy and Resources (MER). At GDM Pipelines, we have been collecting and … Read more
EDMONTON — Alberta politicians are returning to the legislature with a promise of new legislation targeting protesters who set up blockades.
Premier Jason Kenney says he plans to table a bill today that would create stiffer penalties for “anyone who r…
HAMILTON — The chaos that has engulfed Canada’s national rail system reached southern Ontario commuters on Tuesday as a fresh wave of blockades caused major delays and service suspensions across a popular regional train network.
The company that opera…
ALBANY, N.Y. — The nearly $1 billion Constitution Pipeline project, which had been designed to take natural gas from Pennsylvania’s shale gas fields to metropolitan New York and New England, has been abandoned after years of legal regulatory challenge…
VICTORIA — Supporters of Wet’suwet’en hereditary chiefs and their bid to stop a pipeline across their traditional territories returned to the British Columbia legislature Monday night despite a court injunction prohibiting protests blocking entrances …
VANCOUVER — Protests and blockades in British Columbia intensified again Monday as an anticipated meeting between federal leaders and Wet’suwet’en hereditary chiefs who oppose a natural gas pipeline through their territory has yet to materialize.
Hund…
VANCOUVER — Protests and blockades in British Columbia intensified again Monday as an anticipated meeting between federal leaders and Wet’suwet’en hereditary chiefs who oppose a natural gas pipeline through their territory has yet to materialize.
Hund…
February 24, 2020 All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta – Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today its financial and operating results for the three months and fiscal year ended December 31, 2019. “Gibson continued to deliver strong, consistent operational and financial results throughout 2019, … Read more
SAIT Family Science Day, Fracking with Jello Day Modern Miracle Network, the SPE Young Professionals, SPE Calgary Section and the SAIT Student Chapter want to show off the innovative ways we bring energy to meet the world needs. Through hands-on experiments, you will learn the science behind energy production – everything from fracking to density, … Read more
MONTREAL — Tensions mounted Monday in Mohawk communities near Montreal after Ontario Provincial Police moved in on a rail blockade in Tyendinaga Mohawk Territory.
Mohawks in Kanesatake, northwest of Montreal, blocked the highway running through their …
CAPP issues the following statement on Teck Resources’ decision to withdraw its application for the Frontier project in northeastern Alberta: This is a sad situation for Canada, and the Canadian Association of Petroleum Producers (CAPP) is disappointed Teck Resources has officially withdrawn its application to build the Frontier project. Our global reputation as a reliable, … Read more
EDMONTON — Alberta Premier Jason Kenney says it was a new, last-minute delay by Ottawa on whether to approve the Frontier oilsands mine that led Teck Resources Ltd. to pull the plug on the proposed $20-billion project — an accusation the federal gover…
February 24, 2020 CNW CALGARY – Tourmaline Oil Corp. (TSX:TOU) (“Tourmaline” or the “Company”) is pleased to announce a series of transactions in the NEBC Montney gas/condensate complex. The Company has entered into a definitive agreement to acquire a public oil and gas producer, has also acquired a private oil and gas company and has completed a small complementary asset … Read more
February 24, 2020 Newsfile Calgary, Alberta – Chinook Energy Inc. (TSX: CKE) (“Chinook” or the “Company”) is pleased to announce today that it has entered into a definitive arrangement agreement (the “Arrangement Agreement”) pursuant to which Tourmaline Oil Corp. (TSX: TOU) (the “Purchaser”) has agreed to acquire all of the outstanding common shares of Chinook (“Chinook Shares”) for … Read more
Tensions over Indigenous rights, climate change and resource development that have escalated recently with the rail blockades helped push Teck Resources Ltd. to shelve its massive oilsands project, company CEO Don Lindsay said Monday.
“Literally over …
Here is the latest news on protests across Canada over a natural gas pipeline project in British Columbia (All times Eastern):
7:40 p.m.
The West Coast Express commuter rail service in Metro Vancouver has been suspended.
Translink says the service has…
By Lorcan Roche Kelly Feb 24, 2020 (Bloomberg) Spike in coronavirus cases outside China, markets pummeled as fears rise, Sanders seizes Democratic race. Here are some of the things people in markets are talking about today. Going global Concerns that the coronavirus outbreak is becoming a global pandemic are rising as new centers of infection outside China emerge. … Read more
By Rob Verdonck (Bloomberg) Oil slumped the most since Feb. 3 as a risk-off mood blanketed Asian markets after the global spread of the coronavirus quickened over the weekend.Brent futures fell as much as 3.3% in early Asian trading on Monday. Over the weekend, finance chiefs and central bankers from the world’s largest economies said they see downside risks to … Read more
BY RACHAEL D’AMORE GLOBAL NEWS Posted February 24, 2020 6:14 am Updated February 24, 2020 6:17 am WATCH LIVE: WARNING: Livestream may contain scenes of violence which may not be suitable for all viewers. Discretion is advised. Police move to dismantle rail blockade in Belleville, Ont. Ontario Provincial Police have started to move in on protesters … Read more
Canada’s drilling rig count is down 11 actively drilling rigs according to data collected by Baker Hughes for the week ending February 21, 2020. From one week ago, Alberta rig counts decreased 8 to 152 and the Saskatchewan rig counts decreased 2 to 70. Oil drilling decreased 3 to 169 and gas decreased 8 to … Read more
TYENDINAGA MOHAWK TERRITORY, Ont. — Ontario Provincial Police and CN Rail reportedly gave protesters until midnight Sunday to clear a rail blockade on Tyendinaga Mohawk Territory, or face an investigation and possible criminal charges.
But the deadlin…
EDMONTON — The Alberta Court of Appeal is to release its decision today in the province’s challenge of the federal government’s carbon tax.
Lawyers for the province argued in a hearing in December that the justification Ottawa has given for imposing t…
Announcement came hours after Alberta announced it struck deal with First Nations over project Vancouver-based Teck Resources has withdrawn its application to build a massive oilsands project in northern Alberta. The federal government was slated to make a decision on whether or not to approve the $20.6-billion, 260,000-barrel-per-day Frontier project next week. “We are disappointed … Read more
Slugging It Out is a heavy oil and bitumen focused conference that has been held annually for more than 28 years. This year’s theme, The World of Tomorrow, will focus on the progress of Canadian Heavy Oil to date and its potential to thrive in decades to come. Speakers and presentations will showcase extraction technologies in … Read more
EDMONTON — The Alberta government has struck deals with two northern Alberta First Nations over a proposed open-pit oilsands mine that’s awaiting Ottawa’s approval.
The Mikisew Cree and Athabasca Chipewyan First Nations had previously reached deals wi…
By Deborah Jaremko Follow CEC on Linkedin CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Paul Poscente, CEO of Backwoods Energy Services (centre) with employee Ryan McQuilter (left) and Kyle Applejohn (right), at the company’s head office in Edmonton, Alberta. Photograph for Canadian Energy Centre Indigenous employees of Edmonton-based Backwoods Energy Services … Read more
Rod Nickel WINNIPEG, Manitoba (Reuters) – As Canadian Prime Minister Justin Trudeau considers whether to approve Teck Resources’ Frontier oil sands project, roughly 20 others sit on the shelf as companies delay investment decisions hoping for new pipelines and higher prices. These projects could bring a wave of some 2 million barrels per day (bpd) … Read more
OTTAWA — The ghosts of Indigenous protests past have hovered over Prime Minister Justin Trudeau as his government struggles to bring a peaceful end to blockades that have disrupted traffic on rail lines and other major transportation routes across the…
Hereditary chiefs from Wet’suwet’en First Nation are expected to return to British Columbia today after visiting Mohawk communities in eastern Canada, with no signs that blockades crippling the country’s rail network will come down.
The actions are in…
By Kevin Orland Feb 21, 2020 (Bloomberg) Teck Resources Ltd. said it would take a C$1.13 billion ($852 million U.S.) impairment charge if Canadian Prime Minister Justin Trudeau’s cabinet rejects its proposed Frontier oil-sands mine, raising the stakes for the government’s decision.The company said in an earnings statement on Friday that it is still studying ways … Read more
Canada’s oil and gas industry often operates in remote areas only accessible to industry workers with appropriate safety training. Many Canadians haven’t had the opportunity to truly see and experience what it’s like at a working oil and gas site. Until now. Experience the Energy: Take the Tour is a first-of-its-kind virtual reality (VR) tour … Read more
The energy industry, in particular, can invest in training to help build knowledge and retain employees. There are many considerations at play that make it increasingly difficult for oil and gas companies to successfully recruit and retain employees. While it’s a time of technological advances such as artificial intelligence, automation, and human-machine interaction, the smart … Read more
Without oil, we would have to reinvent our world: today there are more products that contain mineral oil than those that don’t. However, before this raw material finds its way into our everyday lives, there are over 500 compounds contained within it that need to be separated – via petrochemical processes where 80-GHz radar level … Read more
The thermal image shows the DCAM-M in action during a methane release test in the field. CALGARY, Alberta — Video artificial intelligence leader IntelliView Technologies announced the Dual Camera Analytic Module – Methane (DCAM-M), its first machine vision system designed for continuous monitoring and autonomous real-time detection and alerting of methane leaks. The DCAM-M is … Read more
We’re excited to announce that Cadeon’s SpotFire User Group is approaching! The User Group will feature important updates from Cadeon and TIBCO, new features in SpotFire 10.8, overview of training available, and a special customer spotlight, James Louie from Jupiter Resources, who will share his secrets with Advanced Data Functions. If you’re interested in advanced … Read more
CALGARY —Drillform Technical Services of Calgary, Alberta has obtained a significant investment from BDC Capital’s Growth & Transition Capital division to fund its next stage of growth. Drillform is an export-driven engineering and technology company which designs and manufactures cutting edge robotic equipment for land and offshore rigs. Drillform’s integrated IP suite includes pipe handling … Read more
KAHNAWAKE, Que. — Traditional chiefs of the Wet’suwet’en First Nation maintained Saturday that they want to see RCMP gone from their territory and a halt to construction of a natural-gas pipeline on their lands to kickstart talks with the federal gove…
By Theophilos Argitis Feb 21, 2020 (Bloomberg) Prime Minister Justin Trudeau acknowledged his government’s efforts to negotiate a solution to rail blockades across the country have failed and signaled he would be open to police intervention.Efforts by his ministers to reach out have not been productive and he has “no choice” but to stop making overtures … Read more
February 21, 2020 Reuters The U.S. oil rig count rose for a third week in a row even though growth in the country’s largest shale formation slows as producers cut spending on new drilling for a second consecutive year.Companies added one oil rig in the week to Feb. 21, bringing the total count to 679, their … Read more
Here is the latest news on protests across Canada over a natural gas pipeline project in British Columbia (All times Eastern):
22:45
Protesters have left a site south of Montreal where they had been blockading railway tracks since Wednesday.
The end o…
ST-LAMBERT, Que. — A blockade south of Montreal that halted rail traffic and frayed nerves since Wednesday was abandoned late Friday after riot police arrived to enforce a court injunction.
The roughly two dozen protesters, acting in solidarity with W…
February 20, 2020 Newsfile Calgary, Alberta – Kelt Exploration Ltd. (TSX: KEL) (“Kelt” or the “Company”) is pleased to report on its oil & gas reserves and production for the year ended December 31, 2019. The audit of Kelt’s 2019 annual consolidated financial statements has not been completed and accordingly all financial amounts relating to 2019 … Read more
February 20, 2020 CNW CALGARY – Gear Energy Ltd. (“Gear” or the “Company”) (TSX:GXE) is pleased to provide the following fourth quarter operating update to shareholders. Gear’s Consolidated Financial Statements and related Management’s Discussion and Analysis (“MD&A”) for the period ended December 31, 2019 are available for review on Gear’s website at www.gearenergy.com and on www.sedar.com. Financial Summary Three months ended Twelve … Read more
February 20, 2020 CNW CALGARY – (ARX – TSX) The Board of Directors (the “Board”) of ARC Resources Ltd. (“ARC”, the “Corporation”, or the “Company”) is pleased to announce the appointment of Terry Anderson to the role of Chief Executive Officer, effective today. Myron Stadnyk will continue to serve as President and Director of the Corporation until his retirement on April 30, 2020. Terry … Read more
By Saket Sundria and Grant Smith Feb 21, 2020 (Bloomberg) Oil fell, paring this week’s gain, as renewed concern over the impact of the coronavirus overshadowed hopes that China’s stimulus efforts will cushion the blow to demand.Futures in New York fell 1.6%, yet remain about 2% higher this week after China, South Korea and Singapore started … Read more
CALGARY — Enerplus Corp. reported a loss of $429.1 million in its latest quarter as it took a non-cash goodwill impairment charge related to its Canadian business.
The company says the loss amounted to $1.93 per diluted share for the quarter ended Dec…
By Lorcan Roche Kelly Feb 21, 2020 (Bloomberg) Coronavirus cases outside China multiply, it’s PMI day, and Wells Fargo to make a settlement. Here are some of the things people in markets are talking about today. Next phase? Concerns are growing that the increase in cases of coronavirus outside China suggests a wider regional epidemic. The Chinese province … Read more
By Divya Balji and Robert Tuttle Feb 20, 2020 (Bloomberg) Canadian Pacific Railway Ltd. is the latest victim of rail blockades taking place across the country as protests against the construction of a natural gas pipeline enter a third week. Demonstrators are now obstructing CP’s tracks near Kamloops, in British Columbia’s interior. “CP has been impacted … Read more
Each week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 34 energy and energy service companies with regular updates. He holds quarterly subscriber webinars and provides Action BUY and SELL … Read more
VANCOUVER — Teck Resources Ltd. reported a loss in its latest quarter as it took an impairment charge related to its stake in the Fort Hills oilsands mine due to lower market expectations for future oil prices.
The Vancouver-based miner says its loss …
OTTAWA — A group of hereditary leaders from the Wet’suwet’en Nation in British Columbia is to spend the day with Mohawk supporters in Ontario.
The B.C. hereditary chiefs are thanking the Mohawks for supporting them in opposition to a pipeline project …
CALGARY — Inter Pipeline Ltd. is crediting strong results from its oilsands transport system, as well as high utilization of its bulk petroleum storage assets, for fourth-quarter financial results that beat analyst expectations.
The Calgary-based comp…
Check out Frac Shack’s New Video! Proud to be the Pioneers of Automated Re-Fueling, which has changed the industry by making fueling operations safer, more efficient, and more environmentally friendly on frac locations across North America and beyond!
February 20, 2020 Reuters Wet’suwet’en protester As a blockade of Canada’s rail lines drags on and the economic impact deepens, police aware of the bitter legacy created by past fatal clashes with indigenous protesters have chosen not to clear the tracks by force.For the past two weeks, campaigners blocked rail lines in Ontario, Quebec and Alberta … Read more
CALGARY — Opponents of the Coastal GasLink pipeline’s planned route have brought rail traffic to a standstill with blockades in support of five Wet’suwet’en hereditary clan chiefs in B.C. who say it cannot proceed without their consent. Here’s a look …
ST-LAMBERT, Que. — Quebec Premier Francois Legault says that police will dismantle a rail blockade in St-Lambert, south of Montreal, if a court grants an injunction.
He says the blockade that went up Wednesday is not on First Nations land, making it e…
GUERNSEY, Sask. — An estimate of oil spilled in a fiery train derailment in rural Saskatchewan has increased to 1.6 million litres.
Saskatchewan’s Ministry of Environment said Thursday that new figures from Canadian Pacific show the spill was more tha…
RCMP began enforcing an injunction earlier this month that prevents interference with construction of a $6.6-billion natural gas pipeline in northern British Columbia.
Here is a timeline of the dispute, along with rail disruptions by people showing so…
Here is the latest news on protests across Canada over a natural gas pipeline project in British Columbia:
B.C.’s indigenous relations minister says the events in Wet’suwet’en territory over the last few weeks do not mark the death of reconciliation…
By Lorcan Roche Kelly Feb 20, 2020 (Bloomberg) Investors worry about coronavirus spread outside China, UBS finds a new CEO, and the dollar’s strong run continues. Here are some of the things people in markets are talking about today. Contagion There is increasing concern among investors about the spread of the coronavirus in countries outside China, with a … Read more
By Saket Sundria and Grant Smith Feb 20, 2020 (Bloomberg) Oil steadied in London after the longest rally in a year on signs of tighter global supply, and hopes that Chinese economic stimulus will cushion fuel demand from the impact of the coronavirus.Brent traded near $59 a barrel after gaining 11% during a seven-day advance. The … Read more
February 19, 2020 | Source: Hi-Crush Inc. Generated revenues of $125.5 million in 4Q 2019 vs. $173.0 million in 3Q 2019 Reported Adjusted EBITDA of $7.2 million in 4Q 2019 vs. $17.9 million in 3Q 2019 Realized loss of $(0.21) per share in 4Q 2019; adjusted loss of $(0.13) per share, excluding non-cash asset impairments Extending … Read more
February 19, 2020 Globe Newswire CALGARY, Alberta – Peyto Exploration & Development Corp. (“Peyto” or the “Company”) (TSX: PEY) is pleased to present the results and in-depth analysis of its independent reserve report effective December 31, 2019. The evaluation encompassed 100% of Peyto’s reserves and was conducted by InSite Petroleum Consultants (“InSite”). The year 2019 marks … Read more
CALGARY — The Alberta government has approved an application by Suncor Energy Inc. to build a 40,000-barrel-per-day thermal oilsands project but construction is unlikely to start any time soon.
The province says in a news release that the Meadow Creek…
February 19, 202012:08 PM Reuters Canada’s passenger rail company on Wednesday said blockades by demonstrators had forced it to temporarily lay off 1,000 employees, adding to pressure on Prime Minister Justin Trudeau to solve a two-week protest. Freight traffic in eastern Canada has already been halted after campaigners blockaded a main line in Ontario. They say … Read more
June 9-11, 2020 | Calgary, Canada LEADING THE GLOBAL ENERGY CONVERSATION As the demand for higher sustainability and cleaner energy increases across the world, nations are coming together to take ownership of the global climate effort. With the anticipation that energy demand will increase by 1 per cent every year and targets have been set in … Read more
OPEN HOUSE INVITATION On behalf of Montana First Nation Chief & Council, Akamihk Kanataskiy Ventures( AKV) Ltd., Environmental Mats, and the other partners wish to invite you to their 2nd Annual Trade Show. We will be showcasing our services, as well as, contracting and business opportunities! When Monday, February 24, 2020 at 8 AM – … Read more
OTTAWA — The federal Crown-Indigenous relations minister is offering to meet today with Wet’suwet’en hereditary chiefs in northwestern British Columbia.
But while Carolyn Bennett and her B.C. counterpart Scott Fraser say they’ll be in the town of Smit…
VANCOUVER — A Wet’suwet’en hereditary chief says the chiefs won’t meet with the federal government over their opposition to a natural gas pipeline until both the RCMP and Coastal GasLink leave their traditional territory.
Na’moks, who also goes by Joh…
WATCH! ANDREW SCHEER’S IMPASSIONED SPEECH This speech got him banished from Trudeau’s opposition party meeting later in the day despite the Conservatives having the majority of popular vote in the last election.
Here is the latest news on protests across Canada over a natural gas pipeline project in British Columbia:
The Conservatives have put a motion of no-confidence in the government on the House of Commons order paper.
Their House leader Candice Bergen …
Published by Grady Semmens on February 10, 2020 Follow CEC on Linkedin CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Vern Janvier, chief of the Chipewyan Prairie Dene First Nation, located 120 kilometres southeast of Fort McMurray. Photograph for Canadian Energy Centre There’s a story from Vern Janvier’s childhood that has played … Read more
The Leadership Series by Sherri Hilton MAL, CEC, PCC Recently I began coaching a leader who is, by all accounts, very “successful” technically in her career but has been struggling to make some changes on a more personal level that she says are very important to her. In our initial conversation, one of her … Read more
EMO, Ont. — Canadian National Railway Co. says a train carrying crude oil has derailed in northwestern Ontario.
CN says 31 cars came off the tracks near Emo, Ont. at around 8:30 p.m. on Tuesday.
The company says 26 of those cars were carrying crude oi…
KANESATAKE, Que. — An Indigenous leader in Quebec retracted comments Wednesday about the possibility of ongoing rail blockades coming down — words that didn’t go over well with members of his own community.
Kanesatake Grand Chief Serge Otsi Simon drew…
by Koleya Karringten When I look around at any of the many technology and business events I attend, I’m thrilled to see an incredible number of talented, successful women from a wide variety of backgrounds. Not only am I happy to see our tech ecosystem becoming more diverse because I believe it’s ethical and fair, … Read more
EDMONTON — Alberta’s largest labour organization says public-service pensions are being used to prop up the province’s struggling fossil fuels industry at a time when many large investment funds are moving away from the sector.
“We’re afraid they’re g…
EDMONTON — A blockade has been set up on a CN rail line in Edmonton in support of Wet’suwet’en hereditary chiefs who opposed a natural gas pipeline in British Columbia.
A group called Cuzzins for Wet’suwet’en says on Twitter that it’s staging the prot…
By Lorcan Roche Kelly Feb 19, 2020 (Bloomberg) Coronavirus death toll exceeds 2,000, China considers economic support measures and Fed minutes are due. Here are some of the things people in markets are talking about today. Grim milestone Deaths from the coronavirus passed 2,000 with the number of confirmed cases globally rising to about 75,000. While the rate of … Read more
By Saket Sundria and Grant Smith Feb 19, 2020 (Bloomberg)Oil rose to a two-week high on hopes that economic stimulus from China can revive demand battered by the coronavirus, and as a number of OPEC nations faced threats to their production.Brent futures increased for a seventh day, the longest run of gains since early 2019, … Read more
February 18, 2020 | Source: High Arctic Energy Services Inc. CALGARY, Alberta, Feb. 18, 2020 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (HWO.TO) (“High Arctic” or the “Corporation”) announces the departure of its Chief Financial Officer, Jim Hodgson effective February 14th 2020. The Board would like to take this opportunity to express its gratitude to Mr. Hodgson … Read more
February 19, 2020 | Source: Petrus Resources Ltd. CALGARY, Alberta, Feb. 19, 2020 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to report financial and operating results as at and for the three and twelve months ended December 31, 2019 and to provide 2019 year end reserves information as evaluated … Read more
February 19, 2020 | Source: CUDA Oil and Gas CALGARY, Alberta, Feb. 19, 2020 (GLOBE NEWSWIRE) — Cuda Oil and Gas Inc. (“Cuda” or the “Company”) (TSXV: CUDA) releases the results of its 2019 year-end oil and gas reserves evaluation for Wyoming and Alberta. In 2019, Cuda made significant progress in maturing and developing its major asset, … Read more
February 18, 2020 CNW CALGARY – Highwood Oil Company Ltd. (“Highwood” or the “Company“) (TSXV:HOCL) is pleased to announce successful drilling results from its Q4 2019 Clearwater drilling program. Additionally, the Company is also pleased to announce that it has entered into an agreement with an arm’s-length private oil and gas exploration and production company (the “Purchaser“) … Read more
By Geoffrey Cann Ever wonder if gamification could work in oil and gas? For sure, and here’s how. Reprinted from November 6, 2017, and still fresh! What is gamification? On-line games have been around for my entire business lifetime of 30 years. In fact, when I worked for a summer at McGill University in the 80’s, we played an on line game of sorts. The … Read more
Each week, XI Technologies scans its unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you’d like to receive our Wednesday Word to the Wise in your inbox, subscribe here. Succeeding in oil and gas development comes down to how well and how … Read more
Aerostar can inspect overhead transmission lines utilizing the following types of inspections: HD Imaging Thermal/IR Scanning Tower Inspections LiDAR Scanning Components Inspected Surface ROW Vegetation Overgrowth Proximity to Trees & Objects Ground Subsidence Near Towers 3rd Party Activity Tower Tower Components Cross Arms Insulators Damper Base & Pile Condition Power Line Spacers Debris on Lines … Read more
CALGARY — An investment firm buying a stake in the Coastal GasLink pipeline says it remains “committed” to the deal despite protester blockades that have shut down railway lines in parts of Canada and threaten to inflict damage to the Canadian economy…
VANCOUVER — B.C. Premier John Horgan raised his voice over jeers and fist-banging recently in question period after members of the Opposition Liberals criticized his government’s handling of the clash between Wet’suwet’en hereditary clan chiefs and a …
VANCOUVER — A small, mobile RCMP detachment in a remote area of British Columbia has become a bargaining chip in proposed talks that many hope could put an end to blockades that have disrupted rail and road traffic across the country.
The demonstratio…
OTTAWA — Opposition parties and environmental groups are urging the federal government to stop expanding the Trans Mountain pipeline, citing a poll saying Canadians are alarmed by the project’s cost.
Bloc Québécois leader Yves-Francois Blanchet, NDP e…
Published by Grady Semmens A freighter sits anchored in the ocean waters off West Vancouver, British Columbia. The Canadian Press New technology developed to turn Canadian oil into fuel for ocean freighters is promising to dramatically reduce greenhouse gas emissions and noxious air pollution from the international shipping industry. “This is a made-in-Alberta technology that … Read more
CALGARY — A judge is giving the Alberta government 10 days to make a decision on an oilsands project that has raised concern from a nearby First Nation.
“There is a strong public interest in encouraging a timely cabinet decision. The balance of conven…
The federal government has announced it will support an international ban on environmentally damaging heavy fuel oils in Arctic shipping.
The backing, released during meetings on the issue in London, England, comes with a hint that compensation might …
February 18, 2020 Reuters Passenger operator VIA Rail Canada said on Tuesday it would soon resume partial services between Quebec City and Ottawa while the government sought to end anti-pipeline protests that are blocking rail freight in eastern Canada.VIA Rail said passenger services between the two cities would start on Thursday after it received a notification … Read more
HALIFAX — An Indigenous community is before the courts today appealing a Nova Scotia government decision to approve a controversial project to store natural gas in underground caverns north of Halifax.
Lawyer Raymond Larkin, who represents Sipekne’kat…
Here is the latest news on protests across Canada over a natural gas pipeline project in British Columbia:
Prime Minister Justin Trudeau says he spoke with British Columbia Premier John Horgan to discuss the impact of infrastructure disruptions caus…
By Lorcan Roche Kelly Feb 18, 2020 (Bloomberg) Apple says it will miss guidance due to coronavirus, HSBC targets 35,000 job cuts and Michael Bloomberg qualifies for debate. Here are some of the things people in markets are talking about today. Taking a hit The ever-growing list of companies announcing problems from the extended shutdown in China … Read more
By Grant Smith and Saket Sundria Feb 18, 2020 (Bloomberg) Oil fell, snapping a five-day rally, amid renewed fears over the impact on the global economy and fuel demand from Asia’s deadly coronavirus.Brent futures fell 2.3% to trade near $56 a barrel in London, slipping with equity markets as Apple Inc. warned it will fail to meet sales … Read more
February 18, 2020 07:00 ET | Source: Prairie Provident Resources Inc. CALGARY, Alberta, Feb. 18, 2020 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) today posted an updated corporate presentation on our website. Investors and other interested parties are encouraged to visit www.ppr.ca to review the updated presentation. ABOUT PRAIRIE PROVIDENT Prairie Provident is … Read more
Support your community, learn why collaboration beats competition and find out how to create the “best barrel” in the world! Date: Wednesday, February 19, 2020 Time: 5:00-10:00 pm Location: Calgary Petroleum Club Includes: Ticket includes food, beer tasting, and keynote speakers, a portion goes to the Distress Centre Calgary Support your local community through the Distress Centre and join Graham Sherman, … Read more
OTTAWA — Prime Minister Justin Trudeau returns to a House of Commons eager to debate his government’s policies on the economy, energy, climate change and reconciliation with Indigenous Peoples after a week away.
The NDP is asking Commons Speaker Antho…
OTTAWA — Prime Minister Justin Trudeau promised to redouble reconciliation efforts with Indigenous Peoples Tuesday as he sought to ease tensions over nationwide blockades erected in opposition to a British Columbia pipeline project.
Even as Trudeau ca…
by Deidra Garyk I’m writing an open letter to all the mainstream media outlets to express my frustration at the poor reporting of the #shutdowncanada blockades and protests that began on February 6, 2020, allegedly in support of the Wet’suwet’en hereditary chiefs who oppose the construction of the Coastal GasLink pipeline. You focus all of … Read more
In addition to lowering G&A by 50% and reducing field operating costs by 60%, Sproule completed a four-step process for managing liabilities and helped the company meet their decommissioning obligations in a safe and cost-effect manner. Read more > Due Diligence and Field Operations Services Support Corporate Acquisition
Updated by Deborah Jaremko Follow CEC on Linkedin CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Oil sands pipeline at Suncor Energy’s MacKay River in situ project north of Fort McMurray, Alta. Photo courtesy of Suncor Energy The New York Times published an article on Wednesday describing what it called “a flood … Read more
By David Yager For EnergyNow.ca February 18, 2020 The notion that the oilpatch is economically indestructible in the face of relentless economic and political challenges – and is only concerned with its own interests – remains common, even in Alberta. The latest accusations of bad behavior emerged in January after it was publicized that oil … Read more
By Sarah Frier and Spencer Soper Feb 17, 2020 (Bloomberg) Amazon.com Inc. founder Jeff Bezos announced he’s created the Bezos Earth Fund, his biggest-ever philanthropic investment to help counter the effects of climate change.Bezos is starting with $10 billion and will begin to issue grants in a few months. “It’s going to take collective action from … Read more
February 14, 2020 | Source: Parkland Fuel Corporation CALGARY, Alberta, Feb. 14, 2020 (GLOBE NEWSWIRE) — Parkland Fuel Corporation (“Parkland”, “We”, “Our” or “Us”) (TSX:PKI) announced today that through its wholly owned U.S. subsidiaries (collectively, “Parkland USA”), it has completed the previously announced acquisition of the entities and assets comprising Kellerstrass Oil Company (collectively, “Kellerstrass”). Based … Read more
OTTAWA — The competing demands of natural resource development, environmental protection and Indigenous reconciliation appear poised for a head-on crash — with Prime Minister Justin Trudeau’s minority government caught in the middle as Parliament resu…
VANCOUVER — As cabinet ministers broker urgent meetings over rail blockades in support of hereditary chiefs in northern British Columbia, a series of negotiations over the Wet’suwet’en Nation’s land rights have been quietly taking place for a year.
P…
By Stephen Wicary Feb 16, 2020 (Bloomberg) Justin Trudeau abandoned a trip to the Caribbean to deal with indigenous-rights protests that have crippled Canada’s railways. The prime minister, who traveled to Ethiopia and Senegal last week hoping to persuade African leaders to back his push for a United Nations Security Council seat, said late Sunday he … Read more
OTTAWA — Transport Minister Marc Garneau is easing speed restrictions placed on certain trains following a derailment in Saskatchewan earlier this month that spilled 1.2 million litres of crude oil and started a massive fire.
Garneau says the move is …
RCMP began enforcing an injunction earlier this month that prevents interference with construction of a $6.6-billion natural gas pipeline in northern British Columbia.
Here is a timeline of the dispute, along with rail disruptions by people showing so…
Our Coating and Blasting Division at work: Pic #1 – Internal Storage Tank – SSPC SP5 White Metal Blast / Applied 25-35 mils of 100% Solids Novalac Lining on the Floor / Applied 15-18 mils of 100% Solids Novalac Lining on Bottom 3′ of Shell – Holiday Free Pic #2&3 – Below Ground Pipe – … Read more
Almost every industrial setting poses some potential safety risk to personnel working in such environments whether it is something that can be seen such as rotating machinery or unseen, such as possible lethal concentrations of flammable/combustible gas. Accordingly, there are several methods of personal protection employed specific to the threat posed. In the case of … Read more
This article was originally published on blog.paradoxaccess.com By Kelly Meyers We recently welcomed our new Vice President Of Business Development to the Paradox family. Mr. Mike Ford joined our growing organization in January 2020 and has wasted no time getting to know our business, our people, and how we are positively impacting the access solutions sector. No … Read more
Topics Covered Wondering where to start when it comes to software? This webinar will explore the following topics, and more. For companies with lots of questions who don’t know where to start, this is the webinar to attend. WEBINAR Date: February 19, 2020 Time: 10:00 am – 10:30 am MST Why Attend? This webinar will … Read more
Canada’s drilling rig count is down 2 actively drilling rigs according to data collected by Baker Hughes for the week ending February 14, 2020. From one week ago, Alberta rig counts decreased 7 to 160 and the Saskatchewan rig counts increased 5 to 72. Oil drilling increased 5 to 172 and gas decreased 7 to … Read more
The prime minister is meeting with an emergency group today to discuss anti-pipeline blockades that have shut down swaths of the country’s train system.
Justin Trudeau says the Incident Response Group will talk about how to handle the protests against…
CALGARY — In one of his last interactions with reporters before retiring as CEO of Calgary-based Imperial Oil Ltd., veteran oilman Rich Kruger was typically plain-spoken when asked about the carbon footprint of the oilsands.
“We reduced the carbon int…
Attend a presentation Feb 20th 11:00am- 1:00pm at The Calgary Petroleum Club. Sonya Savage was appointed as Alberta’s Energy Minister on April 30, 2019. Relying on her extensive background in the industry and spending the last 12 years fighting for pipelines and the energy sector, Sonya Savage continues her work to promote and develop Alberta’s … Read more
RCMP began enforcing an injunction earlier this month that prevents interference with construction of a $6.6-billion natural gas pipeline in northern British Columbia.
Here is a timeline of the dispute, along with rail disruptions by people showing so…
SMITHERS, B.C. — Opponents of a pipeline who support the Wet’suwet’en hereditary chiefs say they have returned to camps along a road leading to a work site outside Houston, B.C.
Jen Wickham, a member of the First Nation’s Gidimt’en clan, says they wen…
TYENDINAGA, Ont. — The federal Indigenous services minister arrived for a meeting today with representatives of the Mohawk Nation to discuss a rail blockade that has shut down rail services across Eastern Canada.
Marc Miller says the situation is “ver…
EDMONTON — Alberta Premier Jason Kenney says protest blockades shutting down rail service across Canada are quickly creating a full-blown economic crisis.
Kenney says Canada is a commodity-producing country and most of those go by rail.
He says if rai…
RCMP began enforcing an injunction last week that prevents interference with construction of a $6.6-billion natural gas pipeline in northern British Columbia.
Here is a timeline of the dispute, along with rail disruptions by people showing solidarity …
VICTORIA — Police say pipeline protests outside government offices in Victoria on Friday were peaceful with much of the noise generated by passing motorists honking their car horns in support.
Groups of protesters, ranging in numbers from about 20 to …
The PROPEL Energy Tech Forum brings together some of the most innovative emerging and established energy tech companies around and it’s happening next week. There’s still time to register & save 20%! Here is the 20% discount code for all EnergyNow followers & newsletter subscribers: Please use the following link, which contains a pre-populated discount … Read more
VANCOUVER — Protesters around the country have blocked rail lines and used other forms of civil disobedience to show support for the hereditary chiefs of the Wet’suwet’en First Nation and their fight against a natural gas pipeline.
Here is a look at …
February 14, 2020 Reuters U.S. energy firms added oil rigs for a second week in a row as crude prices, which have dropped about 15% this year, were set to rise this week as investor concerns began to ease over the long-term economic impact of the coronavirus. Companies added two oil rigs in the week to … Read more
Each week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 32 energy and energy service companies with regular updates. He holds quarterly subscriber webinars and provides Action BUY and SELL … Read more
The Transportation Safety Board says its investigators have not found any mechanical defects on a train that derailed and spilled oil in rural Saskatchewan.
The Canadian Pacific Railway freight train jumped the tracks on Feb. 6 near Guernsey, about 11…
MONTREAL — Industry players are warning governments that shortages of groceries, propane, drinking water and other goods are on the horizon as a rail blockade by anti-pipeline protesters enters its ninth day.
Demonstrators set up a blockade on Canadia…
HALIFAX — Businesses and homes across Atlantic Canada are days away from running out of propane as a result of anti-pipeline protests that have cut off rail links across Canada.
Ian Wilson, president of Halifax-based Wilson Fuel, said his company is r…
TYENDINAGA MOHAWK TERRITORY, Ont. — Members of the Mohawk First Nation are to meet Saturday with Federal Indigenous Services Minister Marc Miller at a CN rail crossing in Ontario.
“The CN Rail stoppage is in its 9th day since Mohawks demanded that n…
Here is the latest news on protests across Canada over a natural-gas pipeline project in British Columbia:
A handful of protestors, many bundled warmly to fend off the -18C chill, milled around blocked train tracks near Belleville, Ont., this mornin…
WINNIPEG — Manitoba Premier Brian Pallister says he is open to discussing a possible oil pipeline to the Port of Churchill as a way of getting western energy to ocean tankers.
The idea has been revived recently by Saskatchewan Premier Scott Moe, among…
By Elizabeth Low and Alex Longley Feb 14, 2020 (Bloomberg) Oil gained for a fourth session, the longest rising streak this year, amid signs that the worst impacts of the coronavirus outbreak may be easing.Chinese refiners have used oil’s earlier drop to snap up cheap cargoes, taking many traders by surprise. That follows the World Health Organization’s view … Read more
By Lorcan Roche Kelly Feb 14, 2020 (Bloomberg) Latest on coronavirus, Fed reduces size of repo operations and euro-area economy remains in the doldrums. Here are some of the things people in markets are talking about today. Still rising The number of infections from the virus in China rose to 63,851 with the death toll standing at 1,380 after … Read more
February 13, 2020 | Source: Pulse Seismic Inc. CALGARY, Alberta, Feb. 13, 2020 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or “the Company”) is pleased to report its financial and operating results for the year ended December 31, 2019. The audited consolidated financial statements, accompanying notes and MD&A are being filed on SEDAR (www.sedar.com) … Read more
By William J. Lacey For those who are old enough to remember there is the famous adage in Alberta, “Please God let there be another Oil Boom. I promise not to piss it all away next time”. If you listen in the hallways around downtown Calgary, imparticular, that seems to be a common refrain these … Read more
February 13, 2020 Reuters Canadian National Railway Co will shut operations in Eastern Canada as its rail lines continue to be blocked by anti-pipeline protesters, the country’s biggest railroad operator said on Thursday.The protests by an indigenous community opposing the construction of a gas pipeline project in British Columbia and its supporters have disrupted passenger trains … Read more
CALGARY — Enbridge Inc. says earnings rose in the fourth quarter and last year as a whole on higher asset use and contributions from infrastructure put in place in late 2018 and through last year.
The pipeline-focused energy giant says it had adjusted…
RCMP began enforcing an injunction last week that prevents interference with construction of a $6.6-billion natural gas pipeline in northern British Columbia.
Here is a timeline of rail disruptions by people showing solidarity with hereditary Wet’suwe…
XI Technologies is hosting two free webinars in January to address common questions when it comes to asset retirement obligations. These webinars will be 45 minutes each and will demonstrate how ARO Manager helps users with a built-in, industry-recognized cost model and the differences between using ARO vs using LLR numbers in your environmental liability … Read more
February 13, 2020 Reuters Canadian heavy crude’s discount versus U.S. benchmark West Texas Intermediate (WTI) crude was trading unchanged on Thursday, the final day of the month’s trading cycle. Western Canada Select (WCS) heavy blend crude for March delivery in Hardisty, Alberta, was trading at $16.80 per barrel below WTI, according to NE2 Canada Inc, matching … Read more
VICTORIA — Anti-pipeline protests that have severed vital freight and passenger rail links across Canada could heat up today, with the added threat of activists planning to shut down government offices in British Columbia’s capital.
Protests continue …
February 12, 2020 – As political and regional lines are drawn in the battle for hearts and minds over the proposed Teck Frontier oil sands mine, Alberta Premier Jason Kenney warned Prime Minister Justin Trudeau this week that rejecting the project may represent “a boiling point’ for western alienation. Trudeau’s Liberal caucus, meanwhile, has reportedly been … Read more
WINNIPEG — An anti-pipeline blockade of a major rail line west of Winnipeg has come down.
Protesters have dismantled barriers they set up one day earlier on an east-west Canadian National rail line, but the Manitoba Energy Justice Coalition says more …
TORONTO — Ontario’s Indigenous affairs minister says his federal counterpart needs to meet with activists blocking a key rail line today in order to resolve a protest that’s halted train traffic for nearly a week.
Greg Rickford says he has asked feder…
CALGARY — Shares in Precision Drilling Corp. jumped by 10 per cent on the Toronto Stock Exchange Thursday after it reported fourth-quarter revenue and earnings that beat expectations.
The Calgary-based driller says it had a net loss of $1.06 million o…
CALGARY — The CEO of pipeline and power company TC Energy Corp. says he’s “extremely disappointed” that police have had to be called in to allow the company to go ahead with construction of its Coastal GasLink pipeline.
The Calgary-based company is st…
Here is the latest news on protests across Canada over a natural-gas pipeline project in British Columbia:
Federal Transport Minister Marc Garneau has responded to the shutdown of all transcontinental trains across the Canadian National Railway netw…
OTTAWA — Canada’s economy slowed “sharply” in the final quarter of 2019, the parliamentary budget office said Thursday in its February economic and fiscal report.
And the new coronavirus outbreak, combined with lower-than-expected business spending, w…
February 13, 2020 | Source: CUDA Oil and Gas CALGARY, Alberta, Feb. 13, 2020 (GLOBE NEWSWIRE) — Cuda Oil and Gas Inc. (“Cuda” or the “Company”) (TSXV: CUDA) is pleased to announce a 100% success rate with the wells drilled to date as part of the Company’s ongoing drilling program at its Shannon Secondary Recovery Unit … Read more
Increases common share dividend by 8 per cent February 13, 2020 | Source: TC Energy Corporation CALGARY, Alberta, Feb. 13, 2020 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced net income attributable to common shares for fourth quarter 2019 of $1.1 billion or $1.18 per share compared to … Read more
By Lorcan Roche Kelly Feb 13, 2020 (Bloomberg) Virus cases jump, economic fallout worsens, and Trump’s Fed nominees in Senate hearing. Here are some of the things people in markets are talking about today. Data revision A reclassification of how cases of the coronavirus are counted led to a jump of almost 15,000 in China. The total number there … Read more
By Grant Smith Feb 13, 2020 (Bloomberg) Oil held near $51 a barrel as a more severe assessment of China’s coronavirus renewed fears over the threat to fuel demand.World oil consumption will fall this quarter for the first time in over a decade — wiping out the growth previously expected — as the epidemic reduces economic activity and … Read more
By Chris Fournier Feb 13, 2020 (Bloomberg) When President Donald Trump signed the U.S.-Mexico-Canada-agreement at the White House in late January, he said a variation of the word “thanks” 54 times in 37 minutes to people in attendance who helped him do the deal. But there’s one more favor he needs from someone who wasn’t in the room: … Read more
February 12, 2020 CNW CALGARY, Feb. 12, 2020 /CNW/ – Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) (“Bonterra” or the “Company”) today announces that the Company’s Board of Directors has approved an initial 2020 capital budget set at approximately $70 million, while also sharing key operational highlights from 2019, and providing the summary results of its independent reserve report (the … Read more
February 12, 2020 Newsfile Calgary, Alberta–(Newsfile Corp. – February 12, 2020) – Pine Cliff Energy Ltd. (TSX: PNE) (“Pine Cliff“, or the “Company“) is pleased to announce 2019 year-end reserves and 2020 guidance. Reserve Report Highlights Pine Cliff’s independent reserve report was prepared by McDaniel & Associates Limited (“McDaniel“) in accordance with National Instrument 51-101 Standards of … Read more
February 13, 2020 Franco Terrazzano Good things happen when politicians let entrepreneurs keep more of their money to reinvest in growing their business and increasing job opportunities. Albertans are starting to see positive signs from Premier Jason Kenney’s smart decision to lower business taxes. The Canadian Association of Petroleum Producers recently announced that it expects investment in the … Read more
Managing the Risks of Hydraulic Fracturing, 2020 The practice of hydraulic fracturing—or “fracking”—in conjunction with horizontal drilling techniques has allowed for an enormous increase in oil- and natural-gas production in Canada. The modern practices associated with fracking can allow for much more extensive development of natural gas and other hydrocarbons located in shale and “tight … Read more
February 12, 2020 Reuters Canadian heavy crude’s discount versus U.S. benchmark West Texas Intermediate (WTI) crude widened on Wednesday as protests slowed the country’s rail shipments. Western Canada Select (WCS) heavy blend crude for March delivery in Hardisty, Alberta, was trading at $16.85 per barrel below WTI, according to NE2 Canada Inc, wider than Tuesday’s settle … Read more
Via Rail has extended train cancellations on major routes in Ontario and Quebec as protests against a pipeline in northern B.C. stretched into a sixth-day on Wednesday.
Passenger and freight rail services have been hit particularly hard by the protest…
VICTORIA — Premier John Horgan says anti-pipeline protests that saw hundreds of people block entrances to the B.C. legislature are unacceptable.
Horgan says he cancelled a scheduled Tuesday afternoon news conference because he needed 24 hours to consi…
Near-term outlook for U.S., Gulf Coast energy production continues to be solid BY ANDREW WHITE, SENIOR EDITOR AND ACCOUNTS SPECIALIST Operable capacity in Petroleum Administration for Defense District (PADD) 3 has grown considerably over the past 30 years. When it comes to the petrochemical industry and refining, the outlook for energy manufacturing (as well as LNG … Read more
Caltex Australia Ltd., Australia’s largest retail fuel and convenience chain, says it has received a revised takeover offer from Alimentation Couche-Tard Inc.
The Australian company says the proposal would pay AU$35.25 cash per share less any dividend…
WINNIPEG — The Manitoba government is going to seek a court injunction to end a rail-line blockade west of Winnipeg.
The blockade is one of many protests across the country over a Coastal GasLink natural gas pipeline in northern British Columbia that …
KAHNAWAKE, Que. — Mohawks manning a barricade that has disrupted rail traffic near Montreal said Wednesday they’ll remain in place as long as the RCMP is present on territory of the Wet’suwet’en First Nation in northern British Columbia.
About a dozen…
CALGARY — The head of Alberta’s $30-million-a-year energy war room is apologizing after the organization posted a lengthy social media response to an article in The New York Times that questioned the news organization’s credibility.
The Canadian Energ…
VANCOUVER — Hereditary chiefs of the Wet’suwet’en Nation are pledging to continue fighting a natural gas pipeline through their traditional territory, days after 28 of their supporters were arrested for blocking access to a work site in northern Briti…
OTTAWA — The Assembly of First Nations and Opposition politicians called Wednesday for the Liberal government to take swifter and firmer action to defuse tensions around a natural-gas pipeline being built through traditional Indigenous territory in Br…
February 12, 20202:00 PM Globe Newswire CALGARY – Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its unaudited 2019 year-end and fourth quarter financial and operational results and highlights from its independent reserves evaluations effective December 31, 2019. Jeff Tonken, President and Chief Executive Officer of Birchcliff commented: “2019 was an … Read more
February 12, 20209 Reuters Canadian Prime Minister Justin Trudeau on Wednesday urged those blocking rail lines in protest against the construction of a natural gas pipeline to find a quick solution, as police warned they were ready to step in and end the standoff.Anti-pipeline protesters near tracks in Ontario, Canada’s most populated province, disrupted passenger trains … Read more
EDMONTON — Alberta’s Indigenous relations minister says a last-minute war of words with a First Nations leader over a multibillion-dollar oilsands mine is a case of bare-knuckle bargaining.
Rick Wilson says he hopes the spat with Athabasca Chipewyan C…
LONDON — Energy producer BP said Wednesday it wants to eliminate or offset all carbon emissions from its operations and the oil and gas it sells to customers by 2050, an ambitious target born out of pressure to help combat climate change and keep maki…
REGINA — The Saskatchewan government has appointed a special mediator in a contract dispute that has dragged on for more than two months at a Regina oil refinery.
Labour Minister Don Morgan said veteran arbitrator Vince Ready will try to help refinery…
Here is the latest news on protests across Canada over a natural-gas pipeline project in British Columbia:
———
Victoria police said four people reported assaults during protests at the B.C. legislature on Tuesday.
In a statement today, police said the…
By Lorcan Roche Kelly Feb 12, 2020 (Bloomberg) Xi says China will meet its economic goals, Sanders tightens hold on Democratic nomination, and Europe’s manufacturing slump worsens. Here are some of the things people in markets are talking about today. Expressing optimism President Xi Jinping said that China has the ability to accomplish its economic … Read more
By Grant Smith Feb 12, 2020 (Bloomberg) Oil extended its rebound above $50 a barrel as tentative signs that Asia’s coronavirus may be easing spurred speculation that the worst of crude’s sell-off could have passed.U.S. futures rallied 2.2% in a second daily gain, having lost about 16% during the preceding month amid fears the disease would … Read more
By Doug Alexander and Kevin Orland Feb 12, 2020 (Bloomberg) Canada’s big banks may be embracing green, but that hasn’t stopped them from lending more and more money to fossil-fuel companies. The six largest lenders had C$58.8 billion ($44.2 billion) in energy loans on their books at the end of the fiscal year, a 59% jump … Read more
By Kevin Orland Feb 12, 2020 (Bloomberg) Canadian Prime Minister Justin Trudeau’s desire to be seen as a climate-change crusader is again butting up against the reality of the nation’s formidable oil industry. This time the conflict is over Teck Resources Ltd.’s proposed Frontier oil-sands mine, which Trudeau’s cabinet is expected to approve or reject this … Read more
New program provides matched savings plans and incentives for Indigenous employees on the path to home ownership with expertise from the Canada Mortgage and Housing Corporation February 11, 2020 | Source: Backwoods Energy Services EDMONTON, Alberta, Feb. 11, 2020 (GLOBE NEWSWIRE) — Backwoods Energy Services (Backwoods), one of the largest Indigenous-owned business in Canada, has launched … Read more
Company generates $2.5 billion of free funds flow; reduces net debt February 12, 2020 | Source: Cenovus Energy Inc Cenovus’s Foster Creek project in northern Alberta Steam generators at Cenovus’s Foster Creek project in northern Alberta. Wolf Lake natural gas plant Cenovus’s Wolf Lake Natural Gas Plant in the Deep Basin in west central Alberta. CALGARY, … Read more
A rapidly emerging technology that is adding value to IIoT deployments is intelligent visual monitoring, where video streams are captured from internet-connected cameras and automatically analyzed by video analytics to look for anomalies, such as leaks or suspicious activity. According to Mckinsey (1), “Some of the most innovative Internet of Things (IoT) applications involve video … Read more
Each week, XI Technologies scans its unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you’d like to receive our Wednesday Word to the Wise in your inbox, subscribe here. In today’s economy, drilling departments are working with a slim margin for … Read more
Directive 055, formerly known as Guide 55, is the Alberta Energy Regulator (AER) program that ensures the proper management of storage tanks in the upstream oil and gas sector. Primarily, the Directive exists to mitigate environmental contamination from storage tanks. Directive 055 dates back to July 1995, when the Energy and Utilities Board (EUB) developed … Read more
CALGARY — Alberta Premier Jason Kenney says his government has unloaded crude-by-rail contracts signed under the previous NDP government, but details aren’t being disclosed yet.
His predecessor, Rachel Notley, announced plans last February to move up …
CALGARY — A partner in the proposed Kitimat LNG project on the B.C. coast warns that it will record a $720-million after-tax writedown on its investments in Western Canada.
Australia-based Woodside Petroleum Ltd. says the charge against 2019 earnings …
The RCMP has formally ended its enforcement operations in a region of northern B.C. that’s at the centre of a pipeline dispute as protests across the country continue to cause disruptions, most notably to Canada’s rail network.
The economic impact of …
CAIRO — Economic fallout continues from the shutdown of Libya’s vital oil fields, with losses surpassing $1.3 billion, the national oil corporation announced Tuesday.
The latest contest over oil assets in Libya started last month, when powerful tribes…
February 11, 2020 Canadian National Railway Co said on Tuesday it would be forced to shut down parts of its rail network unless rail line blockades in protest against a natural gas pipeline in British Columbia are removed.Blockades by anti-pipeline protesters near Ontario have forced passenger trains and goods transportation to be disrupted for the … Read more
CALGARY — Alberta Premier Jason Kenney says he’s concerned that blockades in support of First Nations opponents to a northern British Columbia natural gas pipeline are a “dress rehearsal” for opposition to future energy projects.
Demonstrations have b…
VICTORIA — Hundreds of protesters blocked the entrances to the British Columbia legislature on Tuesday as demonstrations in support of Indigenous hereditary chiefs who oppose a pipeline project continued to flare across the country.
Protesters, who ha…
GUERNSEY, Sask. — Both of Canada’s major railways are restricting permits for shipping dangerous goods after a fiery train derailment last week in Saskatchewan that spilled about 1.2 million litres of oil.
The province’s Environment Ministry confirmed…
MONTREAL — Commuter trains have been shut down for a second day on a train line near Montreal as supporters of a pipeline protest in northwestern British Columbia maintain their presence on the tracks.
Officials at Exo, which runs the commuter trains …
Published by Canadian Energy Centre Follow CEC on Linkedin CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Updated by Gregory John Haisla Nation Chief Councillor Crystal Smith says Coastal GasLink project creates opportunity for her people. Photograph supplied for Canadian Energy Centre Haisla Nation Chief Councillor Crystal Smith says campaigns dating back to … Read more
By Lorcan Roche Kelly Feb 11, 2020 (Bloomberg) China seeks to restart industrial production, Powell speaks in Congress, and primary day arrives in New Hampshire. Here are some of the things people in markets are talking about today. Getting back to work Chinese authorities are calling on the biggest companies to meet production targets as executives begin to restart factories that … Read more
By William Mathis Feb 11, 2020 (Bloomberg)German renewable energy developer Baywa r.e. has begun constructing what will be the largest floating solar farm outside of China.The 27-megawatt Bomhofsplas solar farm is set to include 73,000 solar panels on a sandpit lake in Zwolle in the Netherlands, the company said in a statement. For places like … Read more
By Grant Smith and Serene Cheong Feb 11, 2020 (Bloomberg) Oil recovered from a one-year low as equity markets climbed, yet widespread discounts on prompt crude supplies signaled that Asia’s coronavirus is sharply eroding demand.Brent crude added 2.1% to trade above $54 a barrel in London. But the futures curve briefly entered a full “contango” structure, … Read more
By Ellen R. Wald Feb 11, 2020 (Bloomberg Opinion) The coronavirus outbreak is already threatening oil markets. The fear of lower demand — from a disease-stricken China and eventually globally as the economic impact widens — has destabilized prices, sending crude to its lowest levels in more than a year. For major oil-producing countries, the declines, coming at … Read more
CALGARY — A Calgary company is the first to land a supply contract with Quebec’s major natural gas distributor based on obtaining certification for its responsible production of the heating fuel.
Seven Generations Energy Ltd. says it will send about 1…
February 10, 2020 Reuters Canadian heavy crude’s discount versus U.S. benchmark West Texas Intermediate (WTI) crude narrowed on Monday, as traders said the impact of new rail restrictions was likely to be limited. Western Canada Select (WCS) heavy blend crude for March delivery in Hardisty, Alberta, settled at $16.75 per barrel below WTI, according to … Read more
Sproule presentation builds on PSAC Workforce Study and proprietary analysis to highlight how responsible decommissioning can create a new multibillion-dollar job opportunity for Alberta. Download Now > https://sproule.com/fulfilling-decommissioning-obligations
CALGARY — The federal government is launching a new set of consultations with Indigenous groups that will determine if and how they might take part in ownership of the Trans Mountain pipeline and its expansion project, Finance Minister Bill Morneau an…
February 10, 2020 Business Wire HOUSTON & LONDON – Baker Hughes (NYSE: BKR) announced today that the Baker Hughes international rig count for January 2020 was 1,078, down 26 from the 1,104 counted in December 2019, and up 54 from the 1,024 counted in January 2019. The international offshore rig count for January 2020 was 245, … Read more
By Michael Bellusci Feb 10, 2020 (Bloomberg)Canada’s Trans Mountain oil-pipeline expansion is no bargain after a multibillion-dollar increase in the cost of the project. But there could be at least one unexpected suitor. Brookfield Infrastructure Partners LP may be a “dark horse” buyer should the opportunity arise as it recently completed a big equity raise and has … Read more
February 10, 2020 Globe Newswire CALGARY, Alberta – PrairieSky Royalty Ltd. (“PrairieSky” or the “Company“) (TSX: PSK) is pleased to announce its fourth quarter (“Q4 2019“) and 2019 year-end operating and financial results for the period ended December 31, 2019. In addition, PrairieSky’s Board of Directors has confirmed the annual dividend of $0.78 per share for … Read more
February 10, 2020 Reuters Canada may have to delay a decision on whether to approve a massive new oilsands mine because some indigenous people have not been consulted adequately, an influential aboriginal band is suggesting.Prime Minister Justin Trudeau’s government must rule by end-February whether Teck Resources Ltd can build its C$20.6 billion ($15.7 billion) Frontier mine … Read more
February 10, 2020 Reuters Police have arrested 33 people on Monday, ending the closure of Vancouver ports in British Columbia province by indigenous protesters opposing the construction of Coastal GasLink pipeline. The arrests resulted from an injunction granted by a British Columbia court on Sunday to restore access to ports in the city. Port Metro Vancouver … Read more
VANCOUVER — Protests continue across the country as the RCMP enforce an injunction requiring opponents of the Coastal GasLink pipeline to clear the way for construction in northern British Columbia. Here is a look at the project and its history:
The p…
By Geoffrey Cann ConvergX, a cross industry conference that helps enable technology transfer across industries, held its 5th Annual Congress in Calgary. Here’s the highlights from my personal perspective. ConvergX — What is it? Imagine an opportunity to meet with thoughtful leaders from a number of industries that are all related by a common interest, and spending … Read more
Demonstrators south of Montreal are blocking a commuter train line into the city in solidarity with protesters opposed to a pipeline project in northwestern B.C.
Service on the Montreal train line was disrupted today by opponents of the Coastal GasLin…
February 10, 20205:00 AM CNW CALGARY – Crew Energy Inc. (TSX: CR) of Calgary, Alberta (“Crew” or the “Company”) is pleased to provide highlights from our independent corporate reserves evaluation prepared by Sproule Associates Ltd. (“Sproule”) with an effective date of December 31, 2019 (the “Sproule Report”). 2019 RESERVES HIGHLIGHTS Highlights of our proved developed producing (“PDP”), total proved (“1P”) … Read more
By Lorcan Roche Kelly Feb 10, 2020 (Bloomberg) Coronavirus outbreak shows little sign of easing, a German political earthquake, and OPEC+ ministers meeting may not happen at all. Here are some of the things people in markets are talking about today. More than SARS The death toll from the coronavirus outbreak reached 910, surpassing the number that died … Read more
By Grant Smith and Elizabeth Low Feb 10, 2020 (Bloomberg) Oil held near $50 a barrel in New York on signs that OPEC and its allies probably won’t go ahead with a much-touted emergency meeting, even as a global oversupply piles up.While the coalition’s technical experts have recommended a production cutback as Asia’s coronavirus batters demand, … Read more
When it comes to process safety for protecting people, the environment and assets, only the best equipment will do. This is particularly true for gas measurement in industrial processes. Faced with a wide range of measurement options, users must carefully select the right technology for each measurement task. Latest developments in the field of Tunable … Read more
When March 4, 2020 Time: 8:00 am Registration/Continental Breakfast 8:30 am – 4:00 pm Seminar Where CAPL classroom (1600, 520 – 5 Avenue SW) Cost Fees: $300 (+gst) CAPL and PJVA Members $400 (+gst) Non-members Details Instructor: Michael Bruch Industry is increasingly drilling from shared well pads in which wells and facilities are not held … Read more
If it ain’t broke don’t fix it, right? The 2020 version of this idiom is, “Don’t create solutions for problems that don’t exist”. Sound familiar? Like that new memo that seems to come through every other week, the SOP for the SOP, or the grandiose policy shift that everyone knows is just going to create more … Read more
BY CHRIS DINKLER OpenInvoice, an accounts payable solution by Enverus Business Automation, has helped some of the largest oil & gas operators eliminate paper and automate processes, transforming how these companies manage their financial operations. Many large companies achieved nearly total digital transformation, from paper to electronic invoices, with OpenInvoice. While this software has contributed to … Read more
Canada’s shift to renewables continues to gain traction. Spurred by the Pan-Canadian Framework, leaders in both the private and public sector are embracing alternative energy sources like never before. Canada begins the decade with one of the cleanest electricity grids in the world. In the next 10 years, renewables and non-emitting sources will set the … Read more
The stage has been set for a possible confrontation between police and anti-pipeline protesters blocking access to four ports in the Vancouver area.
On Sunday the protesters were served with a court injunction ordering them to stop blocking access to …
By Olga Tanas, Naureen S. Malik and Stephen Stapczynski Feb 9, 2020 (Bloomberg) Even before the deadly virus struck, another menace confronted the global energy industry: the warmest winter anyone can remember.Russia’s winter was so balmy that snow was trucked into downtown Moscow for New Year, and bears came out of hibernation. In Japan, ski competitions … Read more
Canada’s drilling rig count is up 10 actively drilling rigs according to data collected by Baker Hughes for the week ending February 7, 2020. From one week ago, Alberta rig counts decreased 4 to 167 and the Saskatchewan rig counts increased 14 to 67. Oil drilling increased 10 to 167 and gas stayed at 90. … Read more
Anti-pipeline protesters were served Sunday with a court injunction ordering them to stop blocking access to four ports in the Vancouver area, marking the latest development in what has become a national movement to halt construction on the natural ga…
EDMONTON — Premier Jason Kenney says Alberta’s new Montreal trade office will be just one part of a renewed push in the coming months to strengthen ties and find common ground with Quebec.
“We need to understand that Quebec has a very strong preoccupa…
Published by Canadian Energy Centre Follow CEC on Linkedin CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Launch of the Eavor-Lite demonstration facility near Red Deer, Alberta. Photograph courtesy Eavor Technologies Inc. A first of its kind geothermal energy solution is up and running in central Alberta, and its developers say it’s … Read more
CARSELAND, Alta. — Alberta’s justice minister said Saturday that he expects protesters who have barricaded a fuel distribution terminal southeast of Calgary as part of a labour dispute in Saskatchewan to obey new enforcement provisions that were added…
February 7, 2020 CNW CALGARY, Feb. 7, 2020 /CNW/ – Jupiter Resources Ltd. and its affiliates (collectively, “Jupiter” or the “Company”) have entered into a new $225 million senior secured reserve-based revolving credit facility (the “New Credit Facility”) with a syndicate of eight financial institutions. The new three-year facility will be used for general corporate purposes and is scheduled to mature … Read more
February 8, 2020 OTTAWA — Expanding the Trans Mountain pipeline will now cost at least $12.6 billion — up from a three-year-old estimate of $7.4 billion on a project Finance Minister Bill Morneau insisted the Liberal government intends to sell back to the private sector and recoup taxpayers’ investment. Speaking to reporters in Ottawa, Morneau … Read more
SMITHERS, B.C. — RCMP say several of their vehicles have been damaged by metal spikes at a protest site where people are opposing a natural gas pipeline in the territory of the Wet’suwet’en nation.
Mounties say the vehicles were damaged when they ente…
SMITHERS, B.C. — RCMP say four people have been arrested in northern British Columbia for breaching an injunction related to opposition against a natural gas pipeline in the territory of the Wet’suwet’en nation.
Mounties say in a release that officers…
Kenney sets sights on Democratic hopefuls aiming to block Keystone XL pipeline Feb 08, 2020 WASHINGTON – Alberta’s Jason Kenney is the latest Canadian premier to take aim at U.S. Democrats, calling out presidential hopefuls who want to block the Keystone XL pipeline expansion. Kenney, speaking at a news conference at the Canadian Embassy in … Read more
February 7, 2020 Reuters Canada’s biggest pipeline company, Enbridge Inc , fired back on Friday at the country’s largest oil producer, saying Canadian Natural Resources’ suggestions for determining future terms on the Mainline would cause at least a one-year delay. Enbridge plans to sell 90% of space under long-term contracts to shippers on the nearly 3 … Read more
(Reuters) – U.S. energy firms added oil rigs for the third time in four weeks even though producers planned to continue reducing spending on new drilling for a second consecutive year in 2020. Pump jacks operate at sunset in Midland, Texas U.S. February 11, 2019. Picture taken February 11, 2019. REUTERS/Nick Oxford Companies added 1 … Read more
February 7, 2020 CNW Close to Three Thousand People Working on the Project CALGARY – With a new year ahead of us and recent court decisions announced, the Trans Mountain Expansion Project is accelerating. Work is well underway with pipe in the ground and terminal construction in Alberta, and significant work ongoing at the Burnaby and Westridge Marine Terminals in British Columbia. … Read more
February 7, 2020 Reuters The premier of the energy-rich Canadian province of Alberta on Friday insisted the federal government must approve a massive oil sands project, saying to reject it would send a terrible signal to investors. Reuters reported on Thursday that Canada is preparing an aid package for Alberta that would help dull the pain … Read more
CALGARY — Alberta’s environment minister says the province is not interested in any federal handout if Ottawa rejects the proposed Frontier oilsands mine.
A Reuters report, citing unidentified sources, says the Liberal government is preparing an aid p…
CALGARY — Alberta’s environment minister says Ottawa shouldn’t think it can use federal aid as a bargaining tool to determine the fate of a proposed Frontier oilsands mine.
The federal cabinet has until the end of the month to decide on the $20.6-bill…
GUERNSEY, Sask. — The reeve of a Saskatchewan municipality where a second fiery train derailment has occurred in less than two months says it’s time for the federal government to look more seriously at pipelines to move oil.
Jack Gibney of the Rural M…
February 7, 2020 Reuters Canadian heavy crude’s discount versus U.S. benchmark West Texas Intermediate (WTI) crude narrowed slightly on Friday, and industry observers said they awaited the impact of new rail limits. Western Canada Select (WCS) heavy blend crude for March delivery in Hardisty, Alberta, was trading at $18 per barrel below WTI, according to … Read more
The cost to build the Trans Mountain pipeline expansion has jumped by 70 per cent to $12.6 billion from a three-year-old estimate of $7.4 billion.
President and CEO Ian Anderson says the company owned by the federal government has spent $2.5 billion t…
Rick Bell More from Rick Bell Published:February 7, 2020 in the Calgary Sun Shannon Stubbs has clearly had it. Like so many of us, she has really had it. Up to here. Mad as hell. The Alberta Conservative MP who doesn’t suffer Liberal fools gladly issues a warning. She says the Trudeau Liberals are … Read more
By Lorcan Roche Kelly Feb 7, 2020 (Bloomberg) It’s jobs day, Thiam out at Credit Suisse and no sign the coronavirus crisis is easing. Here are some of the things people in markets are talking about today. Payrolls The January jobs report is expect to show hiring remains robust, with economists forecasting 165,000 new positions in the month. The unemployment … Read more
By David Fickling (Bloomberg Opinion) Revenge, they say, is a dish best served cold.That seems to be the view of the Russian government, as it contemplates how to respond to pleas that it join Saudi Arabia and other OPEC members in cutting oil production. Many expect the coronavirus outbreak to trigger a demand slump.Talks between Russia and … Read more
By James Thornhill Feb 6, 2020 (Bloomberg) Royal Dutch Shell Plc will build its first large-scale solar farm as part of its plan to expand into power generation.Shell, which has set itself a goal to become the world’s top electricity producer by 2030, expects to complete the plant in Queensland, Australia, early next year. The facility … Read more
By Alex Longley Feb 7, 2020 (Bloomberg)Oil headed for a fifth weekly loss as demand concerns grow in Asia and Europe, while OPEC+ awaited Russia’s response to its proposal to cut output further.Chinese refiners are processing 15% less crude than before the coronavirus outbreak, said people with knowledge of operations at the nation’s largest complexes. … Read more
February 06, 2020 | Source: Parex Resources Inc. CALGARY, Alberta, Feb. 06, 2020 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT) is pleased to announce the results of its annual independent reserves assessment as at December 31, 2019 and to provide an operational update. The financial and operational information contained below is based … Read more
February 6, 2020 CNW CALGARY – ARC Resources Ltd. (“ARC” or the “Company”) is pleased to report its fourth quarter and year-end 2019 financial and operational results as well as its year-end 2019 reserves results. ARC’s audited consolidated financial statements and notes (“financial statements”) and ARC’s Management’s Discussion and Analysis (“MD&A”) as at and for the … Read more
February 6, 2020 CNW CALGARY – The Board of Directors of Keyera Corp. (TSX: KEY) (“Keyera”) is pleased to announce the appointment of Dean Setoguchi to the role of President and Chief Commercial Officer. Mr. Setoguchi is currently Senior Vice President and Chief Commercial Officer and in his new expanded role he will assume responsibility for corporate development and … Read more
Posted by Coastal GasLink Coastal GasLink values the strong relationships we have built with our Indigenous partners, contractors and communities, and are striving to build an extraordinary legacy for now and for the future. As far back as 2012 when this project was first considered, Coastal GasLink engaged with Indigenous communities to learn from them, … Read more
The Canadian Press Published Thursday, February 6, 2020 GUERNSEY, Sask. – People have been evacuated from a rural Saskatchewan community after a freight train derailed nearby sending scorching flames into the air. The train jumped the tracks about 6:15 a.m. near Guernsey, roughly 115 kilometres southeast of Saskatoon, Canadian Pacific Railway said. Jack Gibney, reeve … Read more
Global Petroleum Show—North America’s leading energy event—today announced its complete rebrand to Global Energy Show. The name Global Energy Show reflects the industry’s continued evolution, as the Show builds upon significant technological and sustainable achievements driven by oil and gas and moves to encompass alternative sources. The rebrand comes in advance of the 54th annual … Read more
February 6, 2020 Reuters Canada is preparing an aid package for Alberta, heart of the country’s struggling oil industry, that would help dull the pain if it blocks an oil sands project that could create thousands of jobs, sources familiar with the matter said this week. Ottawa must decide by the end of this month … Read more
CALGARY — Suncor Energy Inc. says its on-again, off-again plan to add a coker unit to its Montreal refinery to allow it to process heavier barrels of oil, including oilsands bitumen, is off the table as it shuffles its spending priorities.
On a confer…
Drilling Management & Engineering Codeco was established in 1986 to provide drilling and completion engineering to the oil and gas industry. Over the years our experience has been utilized by other sectors of the economy including mining, geothermal and salt cavern storage wells. Whatever the project, our skilled drilling professionals use their years of experience … Read more
Site Construction The geography across the Western Canadian Sedimentary Basin can vary from mountains to prairie and each area has its own unique challenges. Whether building an access road, lease or facility site, Codeco-Vanoco has experienced construction personnel throughout the Basin that are knowledgeable with the specific geographical conditions and follow government regulations while maintaining … Read more
GUERNSEY, Sask. — The federal government ordered lower speed limits for all trains carrying large amounts of dangerous goods Thursday, hours after a fiery derailment in rural Saskatchewan sent thick black smoke into the air.
A Canadian Pacific freight…
REGINA — Federated Co-operatives Ltd. says it is using “alternative channels” to make sure priority customers get the fuel they need as a labour dispute at its Regina refinery drags on.
Executive vice president Vic Huard said Thursday that the refiner…
February 5, 2020 CNW 2019 Year-End Reserves & Operating Results (TSX: AAV) CALGARY, Feb. 5, 2020 /CNW/ – Advantage Oil & Gas Ltd. (“Advantage” or the “Corporation”) is pleased to announce its 2019 year-end reserve evaluation by Sproule Associates Limited (“Sproule”), and a summary of 2019 operating results. During 2019, Advantage achieved several important milestones in our liquids-focused … Read more
February 6, 2020 CALGARY, Feb. 6, 2020 /CNW/ – OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) (“Obsidian Energy“, the “Company“, “we“, “us” or “our“) is pleased to release its year-end 2019 independent reserves evaluation. Stephen Loukas, Interim President and CEO commented, “We are pleased to announce our 2019 reserve results which demonstrates the strength of … Read more
SMITHERS, B.C. — Opponents of a natural gas pipeline being built across northwestern British Columbia say RCMP have begun enforcing an injunction that prevents interference with construction.
Jen Wickham, a spokeswoman for one of the five clans that m…
By Lorcan Roche Kelly Feb 6, 2020 (Bloomberg) China tariff cut boosts market rally, coronavirus toll continues to rise, and OPEC+ talks move into third day. Here are some of the things people in markets are talking about today. Love letter China is showing that tariffs can go down, as well as up, with Beijing’s announcement that … Read more
By Sharon Cho and Alex Longley Feb 6, 2020 (Bloomberg)Oil pared gains as an OPEC+ committee agreed on a required level of output cuts, but didn’t reach a decision on an emergency meeting as Russia resisted.The panel recommended a production cut of 600,000 barrels a day to offset the demand impact from the coronavirus outbreak. … Read more
February 05, 2020 | Source: Baytex Energy Corp. CALGARY, Alberta, Feb. 05, 2020 (GLOBE NEWSWIRE) — Baytex Energy Corp. (“Baytex”) (TSX, NYSE: BTE) announced today the closing of its private placement offering (the “Offering”) of US$500 million aggregate principal amount of senior unsecured notes due 2027 (the “Notes”). The Notes were issued at par, bear interest at … Read more
Each week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 32 energy and energy service companies with regular updates. He holds quarterly subscriber webinars and provides Action BUY and SELL … Read more
China is set to see a massive lift in demand for natural gas with current usage rates set to more than triple over the next 15 years. This comes as the Chinese government pushes for a switch to cleaner energy sources from coal, implementing policies to reduce sulfur dioxide and nitrogen oxides emissions and bring … Read more
Updated by Deborah Jaremko Published by Canadian Energy Centre Follow CEC on Linkedin CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter A Caterpillar 797 dump truck. The Canadian Press Canada’s federal government is expected this month to issue its decision on whether Teck Resources Ltd. can proceed with its proposed Frontier oil sands … Read more
Regina police have arrested four people involved in a labour dispute at the city’s Co-op oil refinery.
Police say four men from Saskatchewan face charges of mischief under $5,000 and disobeying a court order.
Unifor says the accused are Local 594 memb…
CALGARY — Suncor Energy Inc. is reporting a net loss of $2.3 billion for the fourth quarter of 2019 due mainly to asset impairment charges of $3.3 billion.
The Calgary company says about $2.8 billion of the charges are related to lower forecast oil pr…
February 5, 2020 Reuters Canadian heavy crude’s discount versus U.S. benchmark West Texas Intermediate (WTI) crude narrowed on Wednesday to a fresh 2-1/2-month low, driven by dwindling inventories.Western Canada Select (WCS) heavy blend crude for March delivery in Hardisty, Alberta, was trading at $17.75 per barrel below WTI, according to NE2 Canada Inc, narrower than Tuesday’s … Read more
WINNIPEG — There’s renewed talk of transporting western oil through the northern Manitoba port in Churchill, but any such project is likely to run into opposition from environmentalists and some people who live there.
Using the sub-Arctic port on the …
OTTAWA — Almost $150 million allocated to help protect Canada’s oceans has gone unspent by the Trudeau government over the past two years.
The Liberals have touted their $1.5-billion oceans protection plan as “the largest investment ever made to prote…
VANCOUVER — Opponents of the Trans Mountain pipeline expansion say they will do whatever it takes to stop the project after suffering a devastating legal blow at the Federal Court of Appeal.
Activists are preparing for a prolonged battle on the land a…
SMITHERS, B.C. — The British Columbia government and First Nations hereditary chiefs say they have failed to reach an agreement on a peaceful resolution over the enforcement of an injunction in northwestern B.C.
Wet’suwet’en hereditary chiefs proposed…
February 5, 2020 Newsfile Vancouver, British Columbia – Hemisphere Energy Corporation (TSXV: HME) (“Hemisphere” or the “Company”) is pleased to provide an update on its Southern Alberta oil assets following a successful 2019. Through 2019, Hemisphere drilled 11 horizontal oil wells in its Upper Mannville G pool, which greatly expanded development in the Company’s most prolific … Read more
By Lorcan Roche Kelly Feb 5, 2020 (Bloomberg) Virus fallout continues, partisan divide overshadows Trump address, and OPEC+ talks continue. Here are some of the things people in markets are talking about today. Almost 25,000 The number of confirmed cases and fatalities from the coronavirus outbreak continues to rise, with governments announcing further measures to combat the spread. Hong … Read more
By Alex Longley and Sharon Cho Feb 5, 2020 (Bloomberg) Oil rebounded back beyond $50 a barrel as OPEC+ entered a second day of discussions on the impact of the coronavirus outbreak. Futures rose 3% in New York, reversing some of the dramatic collapse across the futures curve this week that saw the market fall into … Read more
By Theophilos Argitis Feb 5, 2020 (Bloomberg) Canada unexpectedly ran one of its smallest trade deficits in recent years in December on a sharp recovery in oil shipments following the completion of repairs on a pipeline. The December gap fell to C$370 million ($279 million), down from a revised deficit of C$1.2 billion in November, Statistics … Read more
by Michael Bellusci Feb 5, 2020 (Bloomberg) Pipeline and midstream energy companies may be about to join the sustainable investment trend.The sector has often been a target of environmental opposition, but their “impressive” safety track records and relatively low environmental footprints could make them a focus for investors who favor environmental, social and governance factors, according … Read more
February 05, 2020 | Source: TransGlobe Energy Corporation CALGARY, Alberta, Feb. 05, 2020 (GLOBE NEWSWIRE) — This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 (“MAR”). Upon the publication of this Announcement, this inside information is now considered to be in the public domain. TransGlobe Energy Corporation (“TransGlobe” or … Read more
EDMONTON — Alberta Premier Jason Kenney applauded a court decision Tuesday clearing another legal hurdle in the Trans Mountain pipeline expansion project and offered some kind words for the prime minister.
Kenney acknowledged he has locked horns with …
Improve your Low-Temperature Valve & Manifold Instrumentation Installations with TESCOM™ Anderson Greenwood Instrumentation P Series & H7 Series Low-Temperature Bonnet! Overview The TESCOM™ Anderson Greenwood Instrumentation P Bonnet & H7 Bonnet Low-Temperature Series are an extension to the existing product range. This Series provides flexible, robust, and compact designs for static pressure on/off instrument process … Read more
February 4, 2020 Reuters Canada’s Federal Court of Appeal on Tuesday dismissed a challenge to the government of Prime Minister Justin Trudeau’s approval of the Trans Mountain oil pipeline expansion, clearing some uncertainty over the project.The court said in a written decision that the government held “reasonable and meaningful” consultations with indigenous groups as required … Read more
Each week, XI Technologies scans its unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you’d like to receive our Wednesday Word to the Wise in your inbox, subscribe here. XI Technologies looks at expiring land every month because it can provide … Read more
This article is brought to you by: Clean Resource Innovation Network While the “digital oilfield” has been talked about for decades, digital penetration into the industry has tended to lag other sectors. But if a new openness to collaboration and a number of deals struck over the past year between oil and gas and big … Read more
Propell’s new Blender bridges the gap in technology from other equipment on the frac site over the last 10 years. It’s been designed from the ground up to accommodate the increase in proppant rate and duty cycles while being reliable and serviceable. An industry first hollow-core chassis, keeps all major service components mounted outboard. And … Read more
Key Features CRN in Alberta Working pressure: 6,000 psig (413 bar) Cracking Pressure: 15 to 5,500 psig (1.03 to 379 bar) Available in: Viton (-25 to 204°C), HNBR (-31 to 162°C), EPDM Seals (-56 to 121°C) Wide media Applications: Air, Gases, CNG and Liquid applications High Performance Soft Seat: Provides repetitive & Reliable Bubble-tight seal. … Read more
REGINA — Saskatchewan Premier Scott Moe has put together a committee of cabinet ministers to assess how the government could help get more pipelines built in the province.
Moe says the ministers are to review potential projects and suggest how the go…
February 4, 2020 Reuters Canadian heavy crude’s discount versus U.S. benchmark West Texas Intermediate (WTI) crude narrowed on Tuesday to the smallest discount since November, as bloated supplies diminished. Western Canada Select (WCS) heavy blend crude for March delivery in Hardisty, Alberta, was trading at $18.25 per barrel below WTI, according to NE2 Canada Inc, … Read more
February 4, 2020 Reuters Three proposals to expand pipeline capacity to move Western Canada’s crude oil have been stalled for years by environmental and indigenous opposition in both Canada and the United States. Lately, the proposals have cleared several obstacles, but others remain. Canadian oil companies such as Canadian Natural Resources Ltd , Suncor Inc and … Read more
VANCOUVER — Several First Nations in southwest British Columbia are promising to continue to fight the Trans Mountain pipeline expansion while business groups are celebrating a court decision that upheld the federal government’s approval of the projec…
February 04, 2020 | Source: Canadian Premium Sand Inc. CALGARY, Alberta, Feb. 04, 2020 (GLOBE NEWSWIRE) — Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) is pleased to announce that it has concluded a comprehensive capital optimization review relating to the Company’s Wanipigow Sand Project (the “Project”). CPS estimates a revised capital cost of CAD $120 million … Read more
Well, What’s the Difference? Orphaned, abandoned, reclaimed: understanding how wells are classed Alberta – February 4, 2020 Wells have been on the tip of many Albertans’ tongues as of late. That’s because Alberta has a lot of them—over a century of oil and gas development in the province as given us hundreds of thousands of wells dotting … Read more
OTTAWA — A Federal Court of Appeal ruling Tuesday removes one of the last active court hurdles to completion of the Trans Mountain pipeline expansion.
The court decision means construction, which is already underway, can continue, although the First N…
VANCOUVER—Justin Trudeau is the only prime minister since 1900—and only one of three prime ministers since Confederation—to increase Canada’s per-person debt without facing a world war or recession, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. The other two prime ministers to have increased per-person debt … Read more
By Sybilla Gross (Bloomberg) The coronavirus outbreak leaves China preparing for the worst — slower economic growth, U.S. farmers may have to wait a while before the U.S.-China trade pact reaps dividends, and Tesla was up the most since 2013. Here are some of the things people in markets are talking about today.Ready to Readjust The coronavirus … Read more
By Clara Ferreira Marques Feb 4, 2020 (Bloomberg Opinion) Crude oil has had a grim start to the year, with prices hovering around $50 per barrel as China’s coronavirus epidemic shuts down swathes of the world’s second-largest economy. A rebound akin to the one that followed the end of the SARS outbreak is unlikely this time.Back in 2003, China … Read more
By Ilya Arkhipov and Dina Khrennikova Feb 3, 2020 (Bloomberg)Saudi and Russian leaders held a rare phone call as oil markets tumbled, the latest signal that the OPEC+ alliance is trying to build a consensus for an output cut to prop up prices.Russian President Vladimir Putin and Saudi King Salman bin Abdulaziz discussed the global … Read more
By Grant Smith and Alex Longley Feb 4, 2020 (Bloomberg) Oil climbed to near $51 a barrel in New York as officials from OPEC+ gathered on Tuesday for an urgent meeting to assess the impact of the coronavirus on global demand, and how the group should respond.Under increasing pressure after crude prices sunk below $50 a … Read more
By Grant Smith, Salma El Wardany and Javier Blas Feb 4, 2020 (Bloomberg) OPEC+ consulted with a Chinese ambassador as it conducted an urgent assessment of how the coronavirus may hurt oil demand, and what measures the group could take in response.The unusual appearance at the cartel’s headquarters of Wang Qun, China’s ambassador to international organizations … Read more
By Julian Lee Feb 2, 2020 (Bloomberg Opinion) Oil producers are starting to feel the impact of the new coronavirus as it continues to spread, and they need to take drastic action to head off a potentially devastating impact on prices. The world’s biggest producers face two key questions, how long will it last and how severe will the … Read more
February 3, 2020 A Minnesota regulator ruled on Monday that a revised environmental impact statement for Enbridge Inc’s Line 3 oil pipeline replacement is adequate, helping to clear a significant hurdle for the long-delayed project . The Minnesota Public Utilities Commission voted 3-1 to find the revised statement from the state’s Department of Commerce adequate. … Read more
VANCOUVER — The Federal Court of Appeal is set to release its decision on the latest challenge of the Trans Mountain pipeline expansion today.
Four First Nations from British Columbia filed court challenges after the federal government approved the pr…
ST. PAUL, Minn. — Minnesota utility regulators on Monday approved a court-ordered revised environmental review for Enbridge Energy’s plan to replace its aging Line 3 crude oil pipeline across the state.
The state Public Utilities Commission voted 3-1 …
CALGARY, February 3rd, 2020 – geoLOGIC systems ltd. (geoLOGIC), a leading integrated data and software systems provider to the upstream oil and gas industry, today announced that Terry Jbeili has been appointed to the new position of President & COO of the company, effective January 2020. “We are very pleased to welcome Terry to the … Read more
February 3, 2020 Reuters Canadian heavy crude’s discount versus U.S. benchmark West Texas Intermediate (WTI) crude narrowed on Monday, the first day of the new monthly trading cycle.Alberta oil inventories have shrunk as rail movement increases, a Calgary industry source said. Anticipation of downtime for maintenance at oil production sites in March, the current delivery … Read more
The Vancouver-based mining company proposing to build the massive Frontier oilsands mine in northeastern Alberta has set a target to be “carbon neutral” by 2050.
Teck Resources Ltd., which is awaiting a decision from the federal government on Frontier…
February 03, 2020 | Source: Prairie Provident Resources Inc. CALGARY, Alberta, Feb. 03, 2020 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) is pleased to announce the results of our independent 2019 year-end reserves evaluation conducted by Sproule Associates Limited (“Sproule”) with an effective date of December 31, 2019 (the “Sproule … Read more
(Bloomberg) — Virus spreads, global markets endure, and all eyes on Iowa. Here are some of the things people in markets are talking about today. Death toll rising China is continuing efforts to get to grips with the expanding coronavirus outbreak, with the death toll climbing as residents returned from the Lunar New Year holidays. The tally … Read more
Published by Canadian Energy Centre Follow CEC on Linkedin CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Energy worker in Alberta. Photograph courtesy Government of Alberta Canada got a piece of good news from its oil and gas industry on Thursday, with an increase in capital spending this year expected to support 11,800 … Read more
This article was originally published on blog.paradoxaccess.com By Duncan Sutherland Access mat users — both renters and owners alike — all face a common truth: It’s more expensive to replace access mats than it is to treat them right in the first place. When renting or leasing your access mats, there are often caveats that require the mats … Read more
Failure in pipelines has catastrophic economic and environmental impacts and can even be deadly. Buried energy pipelines in seismically active regions are especially vulnerable to failures due to permanent ground displacements resulting from fault movements. An active fault can generate large displacements across these regions generating high strain demand on the pipeline material. Stress Engineering … Read more
January 31, 2020 Reuters U.S. energy firms reduced the number of oil rigs operating for the first time in three weeks as producers follow through on plans to slash spending on new drilling for a second consecutive year in 2020. Drillers cut one oil rig in the week to Jan. 31, bringing the total count down … Read more
By Jackie Davalos Jan 31, 2020 (Bloomberg) Oil is off to the worst start to a year since 1991, tumbling 16% in January on concern that the spread of coronavirus will curb demand for transportation fuels.Futures fell 1.1% in New York on Friday, capping the worst month since May as investors were rattled by the fear … Read more
A major shift is taking place in the oil and gas industry. Whereas it was hard to avoid the impression that Oil and Gas companies only adopted new technologies as a last resort in the past—or only for very specific reasons, like using cameras for security. Today, companies both big and small are realizing the … Read more
Surrey, BC, February 3, 2020 – Falcon Equipment Ltd. (Falcon) has announced their newest strategic partnership with Brandell Diesel Inc. (BDI) based out of Calgary, Alberta. BDI will be an extension of Falcon offering service and parts for all equipment that Falcon carries, including their lifting, municipal, rail and utility product lines. Mike Gallant, … Read more
Bailiff Seizure Complete Dispersal Absolute Public Online Auction For Fisher Powerline Construction Auction Update: Due to extreme weather temperatures, the auction has been moves to Thursday, February 6th, 2020 Bidding Starts Closing: Thursday, February 6th, 2020 at 10 am (MST) To see our other auctions and/or to register to this one, please visit: clubbid.com
By Kevin Orland Jan 31, 2020 (Bloomberg) Enbridge Inc. said opponents of its plan to convert the Mainline oil pipeline network to a contract system may be stalling for time, hoping to see what happens on other lines that are in the works before making long-term commitments on its system.Opponents of Enbridge’s proposal, including Canadian Natural … Read more
CALGARY — U.S. chemical producer Dow Inc. has approved an expansion of its Alberta petrochemical facilities expected to cost between US$200 million and US$225 million.
While releasing its fourth-quarter results this week, CEO Jim Fitterling announced …
Canada’s drilling rig count is up 3 actively drilling rigs according to data collected by Baker Hughes for the week ending January 31, 2020. From one week ago, Alberta rig counts stayed at 171 and the Saskatchewan rig counts increased 2 to 53. Oil drilling increased 3 to 157 and gas stayed at 90. Weekly … Read more
EDMONTON — Alberta Premier Jason Kenney will travel to Montreal and Washington, D.C., this week.
A statement from Kenney’s office says the trip, which starts Monday and continues until next Sunday, will promote the government’s work to drive investmen…
JP (Jean Paul) Gladu is photographed in Toronto, Ontario on Friday, January 17, 2020. Gladu is leaving his role as head of the Canadian Council for Aboriginal Business to take on the job as CEO of Bouchier, one of the largest contracting firms in the Athabasca oil sands region, based in Fort McMurray. Photograph for … Read more
REGINA — A blockade of Regina’s Co-op Refinery is back up after talks between the company and union broke off late Friday.
Unifor said earlier this week it would comply with an injunction against its picket line if Federated Co-operatives returned to …
January 31, 2020 Reuters Prospects for expanding pipelines to move Canadian oil to markets have brightened, but plenty of hurdles remain for the Canadian sector, which has struggled for years with low prices and a glut in storage due to long project delays.Two of three major proposals – TC Energy Corp’s Keystone XL and the Canadian … Read more
CDN NEWS | 
US NEWS 
ENERGYNOW FEATURE: Why Energy Policy Is Becoming a Women’s Issue Across Canada