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WEC - Western Engineered Containment
Hazloc Heaters
Copper Tip Energy

They’re Back! U.S. Oil Explorers Are Fracking at Breakneck Pace, Fueling Inflation

Jan 24, 2022 (Bloomberg) Shale-oil companies are using almost all of the fracking equipment and crews available as exploration expands, accelerating cost inflation and pointing to worsening supply-chain disruptions across the industry. North American oil drillers appear likely to expand spending by more than 25% this year while overseas explorers are on course for a … Read more

New SHOWCASE Directory Companies

 

Delta Remediation Inc.
The Coverall Shop
Muddy Boots
Axis Communciations
Smart-Project Management Inc. / Trusted Pipeline Advisor
Di-Corp
Payload Technologies Inc.
Vista Projects Limited

More Canadian Oil Sands Ownership Makes Industry Stronger for the Future

A more ‘made in Canada’ approach is increasing commitment to innovation By Deborah Jaremko Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Increased Canadian ownership of the oil sands is setting the industry up for a more resilient future, according to industry experts.  Multinational companies like Shell, ConocoPhillips, Devon and … Read more

New SHOWCASE Directory Companies

 

Delta Remediation Inc.
The Coverall Shop
Muddy Boots
Axis Communciations
Smart-Project Management Inc. / Trusted Pipeline Advisor
Vista Projects Limited
Payload Technologies Inc.
Di-Corp

InPlay Oil Corp. Named to 2022 OTCQX Best 50

January 24, 2022 CALGARY, Alberta, Jan. 24, 2022 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) is pleased to announce it has been named to the 2022 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. The OTCQX Best 50 is … Read more

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Axis Communciations
Muddy Boots
The Coverall Shop
Delta Remediation Inc.
Di-Corp
Payload Technologies Inc.
Vista Projects Limited
Smart-Project Management Inc. / Trusted Pipeline Advisor

Petrus Resources Named to 2022 OTCQX Best 50

January 24, 2022 CALGARY, Alberta, Jan. 24, 2022 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company“) (TSX: PRQ) is pleased to announce it has been named to the 2022 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. The OTCQX Best 50 is an annual ranking … Read more

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The Coverall Shop
Muddy Boots
Axis Communciations
Delta Remediation Inc.
Vista Projects Limited
Smart-Project Management Inc. / Trusted Pipeline Advisor
Payload Technologies Inc.
Di-Corp

NEW WEBSITE LAUNCHED: WestFab – Experienced Built, World-class Quality Driven – Check it Out!

westfab feature logo 400x270

“Experienced Built, World-class Quality Driven” WestFab is a Leader in the Fabrication and Module Assembly Industry. Working with many industry sectors including the Oil, Gas, Petro-Chemical, Upstream, Downstream, and Mining Sectors. See their new website here: www.westfabstructures.ca Travis Sharpe Director of Commercial Development Office: 403 279 2000 EXT 3 Cell: 403 651 8300 Office 300, … Read more

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The Coverall Shop
Muddy Boots
Axis Communciations
Delta Remediation Inc.
Payload Technologies Inc.
Di-Corp
Vista Projects Limited
Smart-Project Management Inc. / Trusted Pipeline Advisor

Obsidian Energy announces 2022 drilling program and guidance as well as update on development program

January 24, 20226 Calgary, Alberta – OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) (“Obsidian Energy” or the “Company“) is pleased to announce our 2022 guidance, building on our successful drilling results in the Cardium while further expanding activity in Peace River. A total of $143 to $149 million in capital expenditures, plus an additional $14 million in decommissioning … Read more

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Muddy Boots
Axis Communciations
Delta Remediation Inc.
The Coverall Shop
Di-Corp
Payload Technologies Inc.
Smart-Project Management Inc. / Trusted Pipeline Advisor
Vista Projects Limited

Halliburton profit rises as higher crude prices boost drilling demand

Jan 24 (Reuters) – Halliburton Co (HAL.N) posted a rise in fourth-quarter adjusted profit on Monday as higher crude oil prices drove up demand for its oilfield services and equipment. U.S. oil prices rose more than 50% last year and have made a strong start to 2022, hovering around $85 a barrel, thanks to the global economic … Read more

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Muddy Boots
Delta Remediation Inc.
The Coverall Shop
Axis Communciations
Payload Technologies Inc.
Smart-Project Management Inc. / Trusted Pipeline Advisor
Vista Projects Limited
Di-Corp

New Indigenous Non-Profit Looks to Acquire Ownership of Trans Mountain Pipeline

CALGARY — A new Indigenous non-profit organization is seeking an ownership stake in the Trans Mountain Pipeline.
Nesika Services calls itself a grassroots, community-led not-for-profit. 
It says its aim is to bring 129 Indigenous communities together …

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Delta Remediation Inc.
Axis Communciations
The Coverall Shop
Muddy Boots
Di-Corp
Payload Technologies Inc.
Smart-Project Management Inc. / Trusted Pipeline Advisor
Vista Projects Limited

Goldman Says Russia Conflict Could Curb Gas Flows Indefinitely

Natural Gas Terminal

Jan 24, 2022 (Bloomberg) Russian natural gas flows to Europe could be curtailed for “an indefinite period” if the nation’s new pipeline project to Germany is hit by sanctions as a result of escalating tensions over Ukraine, according to Goldman Sachs Group Inc.The bank still assumes that the Nord Stream 2 pipeline will begin service in the … Read more

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Delta Remediation Inc.
The Coverall Shop
Axis Communciations
Muddy Boots
Di-Corp
Smart-Project Management Inc. / Trusted Pipeline Advisor
Payload Technologies Inc.
Vista Projects Limited

Oil Holds Steady With Mounting Geopolitical Risks in Focus

Jan 24, 2022 (Bloomberg) Oil in London traded near $88 a barrel as increasing geopolitical risks vied with broadly weaker equities markets.International benchmark Brent crude gained 0.3% after earlier climbing as much as 1.2%. Equities in Europe declined on Monday amid concerns over the U.S. Federal Reserve’s imminent rate liftoff, but oil continues to trade near … Read more

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Axis Communciations
Muddy Boots
Delta Remediation Inc.
The Coverall Shop
Payload Technologies Inc.
Di-Corp
Vista Projects Limited
Smart-Project Management Inc. / Trusted Pipeline Advisor

Valtek StarPac 3: The Intelligent Control System Helps you Control The Process Completely – N2X Process Solutions

n2x feature logo 400x270

Product Overview. The StarPac 3 intelligent control system offers repeatability, accuracy and quick system response time with a small footprint and simple installation. It can stand alone or be integrated into a system. Unique to the market, StarPac 3 intelligent control systems give users an integrated view of the process at a single point and … Read more

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The Coverall Shop
Axis Communciations
Delta Remediation Inc.
Muddy Boots
Di-Corp
Smart-Project Management Inc. / Trusted Pipeline Advisor
Vista Projects Limited
Payload Technologies Inc.

Pieridae Energy – Strategic Review Process Concludes

Company Will Proactively Move Forward with Refinancing Now in Place January 24, 2022 NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN UNITED STATES CALGARY, Alberta, Jan. 24, 2022 (GLOBE NEWSWIRE) — Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) today announced it has concluded the strategic review process announced in July 2021. The … Read more

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Delta Remediation Inc.
Axis Communciations
The Coverall Shop
Muddy Boots
Smart-Project Management Inc. / Trusted Pipeline Advisor
Payload Technologies Inc.
Vista Projects Limited
Di-Corp

Enerflex Ltd. and Exterran Corporation to Combine, Creating a Premier Integrated Global Provider of Energy Infrastructure

January 24, 2022 CALGARY, Alberta and HOUSTON, Texas, Jan. 24, 2022 (GLOBE NEWSWIRE) — Enerflex Ltd. (“Enerflex” or the “Company”) (TSX: EFX) and Exterran Corporation (“Exterran”) (NYSE:EXTN) today announced a business combination (the “Transaction”) to create a premier integrated global provider of energy infrastructure. The company will operate as Enerflex Ltd. and will remain headquartered … Read more

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Muddy Boots
The Coverall Shop
Axis Communciations
Delta Remediation Inc.
Smart-Project Management Inc. / Trusted Pipeline Advisor
Vista Projects Limited
Payload Technologies Inc.
Di-Corp

PRODUCT FEATURE: The Ventbuster®- Where innovative engineering and oil and gas expertise meet

ventbuster instruments feature logo 400x270

The Ventbuster® made its commercial debut at the beginning of 2020 and, in its two years of operation, has seen growing adoption and interest from the Canadian and US markets. What is it that makes this technology so unique? The Ventbuster® was built for a specific purpose, to fill the technology gap on accurate, continuous, … Read more

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Muddy Boots
Axis Communciations
Delta Remediation Inc.
The Coverall Shop
Di-Corp
Payload Technologies Inc.
Smart-Project Management Inc. / Trusted Pipeline Advisor
Vista Projects Limited

Application Note – HYGROPHIL F 5673: Process Trace Moisture Analyzer for Biogas Metering and Gas Grid lnfeed Plant

Westech Logo

Part of the “Energiewende” (energy transition) towards reduction of greenhouse gas emissions and increase of renewable energy is the production of biogas. Biogas can be produced from a broad range of feedstocks. In a process of anaerobic digestion the biomass or energy crops are converted to biogas by several types of bacteria within the fermenter. … Read more

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Muddy Boots
The Coverall Shop
Delta Remediation Inc.
Axis Communciations
Payload Technologies Inc.
Vista Projects Limited
Smart-Project Management Inc. / Trusted Pipeline Advisor
Di-Corp

Meet ExR-2: Robotics That Work For The Industry

In our last article, “Robots can effectively overcome real world challenges” we looked at some of the issues facing industrial workplaces and discussed how robots can overcome and sometimes solve problems that seemed previously insurmountable. Artificial intelligence, precision of operation, productivity, safety, and reporting are just some of the functions and features that robotics can utilize in assisting your industrial workplace. These are no … Read more

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Muddy Boots
The Coverall Shop
Axis Communciations
Delta Remediation Inc.
Di-Corp
Vista Projects Limited
Smart-Project Management Inc. / Trusted Pipeline Advisor
Payload Technologies Inc.

NEW WEBSITE – Dacro Industries: The Leader in Pressure Vessel Fabrication – Check it Out!

New Dacro Industries Website HERE Dacro Industries is pleased to announce the launch of a new website.  Dacro has unique capabilities for mechanical design and fabrication of large, complex pressure vessels and related equipment with extensive experience in carbon steel and alloy materials. Dacro is located in Edmonton, Alberta and has been an integral part … Read more

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Muddy Boots
Axis Communciations
Delta Remediation Inc.
The Coverall Shop
Vista Projects Limited
Payload Technologies Inc.
Di-Corp
Smart-Project Management Inc. / Trusted Pipeline Advisor

Casing Expansion Technology (CET) For Sealing Surface Casing Vent Flows – Learn More Here

Winterhawk Well Abandonment Feature Logo 400x270

First In A Series of Technical Updates From Winterhawk Well Abandonment Ltd. Since 2015 Winterhawk Well Abandonment Ltd. has been researching, developing and testing multiple technologies to reduce the cost and increase the effectiveness of oil and gas well decommissioning. One of the business units is Winterhawk Casing Expansion, which has developed its proprietary Casing … Read more

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The Coverall Shop
Delta Remediation Inc.
Muddy Boots
Axis Communciations
Smart-Project Management Inc. / Trusted Pipeline Advisor
Payload Technologies Inc.
Vista Projects Limited
Di-Corp

Oil and Gas in Our Lives – Focus on Healthcare

cec healthcare 1200x810

Petroleum and petrochemicals are critical to the daily operations of medical services By Brittany Elves Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Photo courtesy Getty Images.   Modern medicine relies on petroleum not only to power hospitals and transport patients, but to manufacture equipment and pharmaceuticals as well. … Read more

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Muddy Boots
Delta Remediation Inc.
The Coverall Shop
Axis Communciations
Di-Corp
Vista Projects Limited
Payload Technologies Inc.
Smart-Project Management Inc. / Trusted Pipeline Advisor

Reality: Ottawa’s Plastic Bans Will Cost Canadians More Money – Fraser Institute

When I went last month to Dollarama to buy plastic straws, they were $1.25 for a package of 150, or for another brand, $1.25 for 180. That is, on average, about three-quarters of a cent per straw. Meanwhile, the paper straws were $3.00 for 80 straws, or $1.00 for 25. That works out to about … Read more

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Muddy Boots
Delta Remediation Inc.
The Coverall Shop
Axis Communciations
Smart-Project Management Inc. / Trusted Pipeline Advisor
Di-Corp
Payload Technologies Inc.
Vista Projects Limited

Schachter’s Eye on Energy: Russia Potentially Invading Ukraine In The Coming Weeks Is Adding A Large War Premium To Crude Prices.

Josef Schachter

Each week Josef Schachter gives 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 30 energy, energy service and pipeline & infrastructure companies with regular updates. We also hold quarterly webinars and provide Action BUY … Read more

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Muddy Boots
Axis Communciations
The Coverall Shop
Delta Remediation Inc.
Payload Technologies Inc.
Vista Projects Limited
Di-Corp
Smart-Project Management Inc. / Trusted Pipeline Advisor

Commentary: Carbon Capture Sequestration is a critical technology in the Energy Transition – Susannah Pierce

  Susannah Pierce President and Country Chair GM, Renewables and Energy Solutions at Shell Recently the International Energy Agency (IEA) praised Canada’s efforts to help the energy industry reduce its emissions. The 261-page report titled Canada 2022 Energy Policy Review provides a comprehensive overview of what Canada is doing, along with industry, to help transform energy systems … Read more

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Delta Remediation Inc.
The Coverall Shop
Axis Communciations
Muddy Boots
Vista Projects Limited
Di-Corp
Smart-Project Management Inc. / Trusted Pipeline Advisor
Payload Technologies Inc.

Living With Covid Proving Tough for a Gridlocked World Economy

(Bloomberg) The surging omicron variant is complicating the recovery for a world economy that continues to be wracked by supply chain chaos, worker absenteeism and faltering assembly lines. Supermarkets are struggling to stock shelves amid chronic staff shortages. Airlines are grounding flights. Manufacturers are facing disruption and shipping lines remain backed up. At the same time, surging energy prices are adding … Read more

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The Coverall Shop
Muddy Boots
Delta Remediation Inc.
Axis Communciations
Smart-Project Management Inc. / Trusted Pipeline Advisor
Payload Technologies Inc.
Vista Projects Limited
Di-Corp

Avatar Ignite Winter 2022 Program – Build the Future of Energy: Program Summary & More Details HERE

avatar innovations 400x270

  The Avatar Program is a ground-breaking energy industry-wide innovation and entrepreneurship program designed to empower emerging leaders in the future of energy and build new decarbonization technologies for commercialization. The 4th iteration of the Avatar Program, Avatar 2022 will feature sessions with global business leaders, an energy transition and entrepreneurship curriculum facilitated by the … Read more

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The Coverall Shop
Muddy Boots
Delta Remediation Inc.
Axis Communciations
Di-Corp
Vista Projects Limited
Smart-Project Management Inc. / Trusted Pipeline Advisor
Payload Technologies Inc.

What Would War in Ukraine Mean for Europe’s Energy Crisis?

ukraine 1200x810

Jan 23, 2022 (Bloomberg) How hard will energy-starved Europe be hit by a potential Russian invasion of Ukraine? It depends on how President Joe Biden reacts.Russia kept sending gas to Europe all through the Cold War, and more recently in the aftermath of its annexation of Crimea. Moscow is unlikely to want to risk damaging its … Read more

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The Coverall Shop
Muddy Boots
Axis Communciations
Delta Remediation Inc.
Smart-Project Management Inc. / Trusted Pipeline Advisor
Payload Technologies Inc.
Vista Projects Limited
Di-Corp

OPEC+ compliance rises to 122% in December

LONDON (Reuters) – OPEC+ compliance with oil production cuts rose to about 122% in December, two sources from the producer group told Reuters, indicating that some members continue to struggle to raise their output. The December figure compares with 117% in November. The International Energy Agency said this week that the group missed its production … Read more

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The Coverall Shop
Axis Communciations
Muddy Boots
Delta Remediation Inc.
Di-Corp
Vista Projects Limited
Payload Technologies Inc.
Smart-Project Management Inc. / Trusted Pipeline Advisor

Huge Mistake: One Year Later, Keystone XL Cancellation Represents a Massive Missed Opportunity

The U.S. needs reliable energy partners By Deborah Jaremko   Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter This past week marked one year since President Joe Biden cancelled approval for the Keystone XL pipeline from Canada, and the United States’ thirst for oil is as strong as ever … Read more

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Delta Remediation Inc.
Muddy Boots
Axis Communciations
The Coverall Shop
Di-Corp
Vista Projects Limited
Smart-Project Management Inc. / Trusted Pipeline Advisor
Payload Technologies Inc.

Oil Service Giant Schlumberger Bets on Growth With $2 Billion Plan

(Bloomberg) Schlumberger is gearing up for growth around the world as the No. 1 oilfield contractor expects recovering economies to ignite several years of crude-demand expansion.The company, based in Houston and Paris, will boost spending as much as 18% to $2 billion, serving North American oil explorers who should dominate activity in the first half … Read more

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Delta Remediation Inc.
Muddy Boots
Axis Communciations
The Coverall Shop
Di-Corp
Smart-Project Management Inc. / Trusted Pipeline Advisor
Vista Projects Limited
Payload Technologies Inc.

How a Russian-Ukraine conflict might hit global markets

LONDON, Jan 21 (Reuters) – A potential invasion of Ukraine by neighbouring Russia would be felt across a number of markets, from wheat and energy prices and the region’s sovereign dollar bonds to safe have assets. Below are four charts showing where a potential escalation of tensions could be felt across global markets: 1/SAFE HAVENS … Read more

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Axis Communciations
Muddy Boots
The Coverall Shop
Delta Remediation Inc.
Smart-Project Management Inc. / Trusted Pipeline Advisor
Vista Projects Limited
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Di-Corp

COMMENTARY: Escalating Oil Prices Will Become Political Hot Topic – John Kemp

oil up 1200x810

by John Kemp Oil prices have risen to their highest for more than seven years, climbing above levels that triggered a U.S.-led release of strategic petroleum reserves last November. Policymakers may be less likely to respond at this time as consumers and businesses have had more time to grow accustomed to prices around current levels. … Read more

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Muddy Boots
The Coverall Shop
Delta Remediation Inc.
Axis Communciations
Di-Corp
Vista Projects Limited
Smart-Project Management Inc. / Trusted Pipeline Advisor
Payload Technologies Inc.

Oil’s Red-Hot Rally Cools After Surge to Highest Since 2014

Oil Prices

Jan 21, 2022 (Bloomberg) Oil dropped alongside other financial assets and commodities as crude’s sizzling rally to a seven-year high ran out of steam. Futures in New York slumped more than 3%, before paring losses to trade near $85 a barrel, as stock markets and raw materials including copper declined. Crude has gained more than 10% so … Read more

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Delta Remediation Inc.
The Coverall Shop
Axis Communciations
Muddy Boots
Smart-Project Management Inc. / Trusted Pipeline Advisor
Payload Technologies Inc.
Vista Projects Limited
Di-Corp

OPEC+ diminishing spare capacity to unlock consensus upside for oil companies

January 21, 2022 Goldman Sachs sees big oil companies perform well in 2022, boosted by strong positive consensus earnings revisions, improved ESG credentials and accelerating buybacks The brokerage points to “an era of structurally higher commodity prices on diminishing spare capacity” which will further fuel earnings momentum during 2022 The implementation of the EU Green … Read more

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The Coverall Shop
Delta Remediation Inc.
Muddy Boots
Axis Communciations
Smart-Project Management Inc. / Trusted Pipeline Advisor
Di-Corp
Payload Technologies Inc.
Vista Projects Limited

U.S. natgas futures climb 3% as cold drives demand to record high

Natural Gas Flame

January 21, 2022 U.S. natural gas futures rose more than 3% on Friday on what is expected to be the country’s biggest gas demand day on record with forecasts for more cold weather and higher heating demand over the next two weeks than previously expected. In addition to boosting gas demand, the cold this week … Read more

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Delta Remediation Inc.
The Coverall Shop
Axis Communciations
Vista Projects Limited
Smart-Project Management Inc. / Trusted Pipeline Advisor
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Di-Corp

US carbon hub developer, Carbonvert Inc., partners with participating Treaty Six First Nations, and Kanata Clean Power to address Alberta’s request for equitable carbon sequestration hub proposal

January 21, 2022 CALGARY, ALBERTA and DENVER, COLORADO – Carbonvert Inc. (“Carbonvert”) is pleased to announce that it has joined participating Treaty Six First Nations, led by founding partners Frog Lake First Nations #121 & #122 and Kehewin Cree Nation, and Kanata Clean Power & Climate Technologies Corp. (“Kanata”) as partners in the Treaty Six-Kanata … Read more

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The Coverall Shop
Delta Remediation Inc.
Axis Communciations
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Di-Corp
Vista Projects Limited
Smart-Project Management Inc. / Trusted Pipeline Advisor
Payload Technologies Inc.

A Matter of Fact: Bloomberg Uncritically Amplifies Academics’ Misinformed Attack on Carbon Capture

cec carbon technology centre 1200x810

Story ignores embrace of CCS technology that experts say will be ‘virtually impossible’ to meet GHG reduction targets without By Deborah Jaremko Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Bloomberg News uncritically amplified the views of academics opposed to a tax credit for companies that build carbon capture … Read more

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The Coverall Shop
Muddy Boots
Delta Remediation Inc.
Axis Communciations
Vista Projects Limited
Di-Corp
Payload Technologies Inc.
Smart-Project Management Inc. / Trusted Pipeline Advisor

Canadian Scientists Urge Rejection of Carbon Capture Tax Credit

(Bloomberg) Canada’s plans to introduce a tax credit for carbon capture in the country’s oil patch would amount to a fossil fuel subsidy for an ineffective technology, a group of academics said in a letter to the deputy prime minister. Carbon capture, where the carbon dioxide from oil and gas production facilities is sequestered and … Read more

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Muddy Boots
The Coverall Shop
Delta Remediation Inc.
Axis Communciations
Payload Technologies Inc.
Smart-Project Management Inc. / Trusted Pipeline Advisor
Di-Corp
Vista Projects Limited

CAPP projects investment in Canada’s natural gas and oil sector will rise to $32.8 billion in 2022

January 20, 2022, Calgary, Alberta The Canadian Association of Petroleum Producers (CAPP) is forecasting a 22 per cent increase in natural gas and oil investment in 2022. Capital spending in the sector is expected to grow by $6.0 billion to reach $32.8 billion, compared to an estimated total investment of $26.9 billion in 2021. (All … Read more

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Muddy Boots
The Coverall Shop
Axis Communciations
Delta Remediation Inc.
Payload Technologies Inc.
Di-Corp
Smart-Project Management Inc. / Trusted Pipeline Advisor
Vista Projects Limited

Stakeholder Capitalism and ESG – The Road to Socialism: Fraser Institute

  This week, the World Economic Forum planned to hold its annual meeting in Davos, but thanks to Omicron, we’ve received another six-month reprieve from lectures by elite “global leaders” and the collectivist policies they promulgate. This year’s meeting, now deferred to mid-2022, will focus on how to accelerate “stakeholder capitalism” and its cousin ESG … Read more

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Axis Communciations
Muddy Boots
Delta Remediation Inc.
The Coverall Shop
Smart-Project Management Inc. / Trusted Pipeline Advisor
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Payload Technologies Inc.
Di-Corp

Gear Energy Ltd. Announces December Monthly Update to Shareholders

Calgary, Alberta–(Newsfile Corp. – January 20, 2022) – Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) (“Gear” or the “Company”) is pleased to announce that the new December 2021 monthly update to shareholders can be accessed via the following link https://gearenergy.com/updates. FOR FURTHER INFORMATION PLEASE CONTACT: Ingram Gillmore President & CEO 403-538-8463 David Hwang Vice President Finance … Read more

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The Coverall Shop
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Delta Remediation Inc.
Di-Corp
Payload Technologies Inc.
Vista Projects Limited
Smart-Project Management Inc. / Trusted Pipeline Advisor

Wolinak of Abenaki First Nation and Questerre sign agreement for energy development

THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, Jan. 20, 2022 (GLOBE NEWSWIRE) — The Council of the First Nation of the Abenakis of Wolinak in Quebec (the “Abenakis of Wolinak”) and Questerre Energy Corporation (“Questerre” or the … Read more

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Delta Remediation Inc.
Axis Communciations
The Coverall Shop
Vista Projects Limited
Di-Corp
Payload Technologies Inc.
Smart-Project Management Inc. / Trusted Pipeline Advisor

Titan Logix Corp. Reports Fiscal 2022 Q1 Financial Results

Edmonton, Alberta–(Newsfile Corp. – January 20, 2022) – Titan Logix Corp., (TSXV: TLA) (“Titan” or the “Company”), a technology company specializing in advanced measurement solutions, announces its results for the first quarter ended November 30, 2021. Financial Highlights Summary (in Canadian dollars) Three months ended November 30, 2021 November 30, 2020 Revenue $ 624,134 $ … Read more

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Delta Remediation Inc.
The Coverall Shop
Muddy Boots
Axis Communciations
Vista Projects Limited
Di-Corp
Smart-Project Management Inc. / Trusted Pipeline Advisor
Payload Technologies Inc.

COMMENTARY: Oil prices expected to rise with big variation in projections: John Kemp

LONDON, Jan 18 (Reuters) – Oil prices will exceed pre-pandemic levels over the next few years but where they will settle remains extremely uncertain, my seventh annual survey of energy market professionals shows. Brent crude is expected to average $80-85 a barrel through the middle of the decade, up from expectations of $70 before the … Read more

New SHOWCASE Directory Companies

 

Axis Communciations
Delta Remediation Inc.
Muddy Boots
The Coverall Shop
Vista Projects Limited
Smart-Project Management Inc. / Trusted Pipeline Advisor
Payload Technologies Inc.
Di-Corp

No Pain, No Gain Says Report: Global Energy Transition to Cause Short-Term Economic Pain

WASHINGTON, Jan 20 (Reuters) – The transition to clean energy required to prevent temperatures from rising swiftly could shave 2% off global GDP by 2050 but is likely recoverable before the end of the century, a report by natural resources consultancy Wood Mackenzie said on Thursday. While investments in technologies like solar and wind farms, … Read more

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Axis Communciations
The Coverall Shop
Delta Remediation Inc.
Muddy Boots
Di-Corp
Payload Technologies Inc.
Vista Projects Limited
Smart-Project Management Inc. / Trusted Pipeline Advisor

Oil Slips From 7-Year High With Biden Pledging to Tackle Prices

Oil Prices

Jan 20, 2022 (Bloomberg) –Oil slipped from the highest close since 2014 after President Joe Biden pledged to continue trying to lower prices and an industry report pointed to a modest increase in U.S. crude stockpiles.Futures in London dipped near $88 a barrel after advancing over the past three sessions. While Biden does have some options to … Read more

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The Coverall Shop
Axis Communciations
Delta Remediation Inc.
Muddy Boots
Smart-Project Management Inc. / Trusted Pipeline Advisor
Payload Technologies Inc.
Di-Corp
Vista Projects Limited

Birchcliff Energy Ltd. Announces 2022 Budget, Guidance and Updated Five Year Plan

CALGARY, Alberta, Jan. 19, 2022 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its 2022 budget, guidance and updated five year plan. “Birchcliff remains committed to increasing shareholder value, which we intend to accomplish by maximizing free funds flow generation and significantly reducing indebtedness. In alignment with … Read more

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Muddy Boots
Delta Remediation Inc.
The Coverall Shop
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Smart-Project Management Inc. / Trusted Pipeline Advisor
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Payload Technologies Inc.
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Prairie Provident Announces Year-End 2021 Reserves

January 19, 2022  CALGARY, Alberta, Jan. 19, 2022 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) is pleased to announce the results of our independent 2021 year-end reserves evaluation conducted by Sproule Associates Limited (“Sproule”) with an effective date of December 31, 2021 (the “Sproule Report”).   MESSAGE TO SHAREHOLDERS Tony … Read more

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Spotlight on Lisa Warren: Championing Reclamation & Remediation – The “US” in Cenovus

lisa warren championing reclamation & remediation the us in cenovus

Lisa Warren, Senior Manager of Reclamation & Remediation at Cenovus. January 2022 – At Cenovus Energy, one of their five environmental, social and governance (ESG) focus areas is biodiversity, with a specific focus on reclaiming land and restoring habitat. But what exactly is reclamation? “Reclamation is the process of contouring the landscape, replacing soils, and … Read more

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International Recognition: IEA Boss Prefers Oil and Gas from Canada

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Producers building a competitive advantage with ESG performance By Deborah Jaremko   Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter   The head of the International Energy Agency says Canada is a preferred global oil and gas supplier and should take steps to ensure it remains so in the decades to come.  IEA executive director Fatih Birol … Read more

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Canada should follow other countries by cutting taxes to combat inflation

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OTTAWA, ON: The Canadian Taxpayers Federation is calling on the federal government to join other countries in cutting taxes to help taxpayers deal with a rising cost of living. “Canadians are fueling up at the pumps and then worrying about whether they have enough left over for ground beef at the grocery store,” said Franco Terrazzano, … Read more

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Enbridge Announces Executive Leadership Changes

Enbridge Announces Executive Leadership Changes CALGARY, AB, Jan. 19, 2022 /CNW/ – Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today announced the following executive leadership changes. Bill Yardley, Executive Vice President and President, Gas Transmission and Midstream, has decided to retire on May 31, 2022. Al Monaco, President and CEO, said “Bill has led a top-notch gas transmission business, … Read more

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Imperial sets 2030 oil sands emission intensity reduction goal; expects to meet 2023 objective

January 19, 2022 Oil sands greenhouse gas emissions intensity expected to decrease by 30 percent Reaffirms goal to achieve net zero emissions in oil sands operations by 2050 through collaboration with governments and other industry partners Emissions reduction plan includes game-changing in situ technologies, efficiency improvements, and carbon capture and storage CALGARY, Alberta–(BUSINESS WIRE)– Imperial Oil … Read more

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Enbridge Line 5 Clarity – as delivered by Marc Garneau – by Greg McLean, Member of Parliament (Calgary Centre)

Greg McLean O P

          The end of 2021 revealed some clarity around one of the most contentious trade matters between Canada and the United States. Let’s revisit the confusion that was being created prior to this clarity: Line 5 is an international oil pipeline that transports up to 540 000 barrels a day of … Read more

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$100 Oil? Traders Bet That It’s a Question of When, Not If

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Surging demand, fading omicron fears, and OPEC+’s inability to ramp up output have underpinned an eye-watering rally in oil prices.Global benchmark Brent crude has jumped 25% to around $88 a barrel since the end of November. Some in the market now think it’s now a question of when — not if — oil hits triple … Read more

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Battered Clean Energy Stocks May Soon Recover

Jan 19, 2022 (Bloomberg) Clean energy stocks have been getting absolutely clobbered. Two indexes that track the sector—WinderHill Clean Energy and S&P Global Clean Energy—have dropped 13.9% and 8.2%, respectively, since the start of the year. From their market peaks of early last year, the WinderHill index has plummeted 54% and the S&P index has … Read more

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OPEC+ Alone Cannot Solve World’s Oil-Supply Issues, UAE Says

OPEC and its allies are increasing oil production but can’t solve all the sector’s issues alone, the United Arab Emirates’ energy minister said. The industry needs investment, through the involvement of international oil companies, in order to provide adequate supplies, Suhail Al-Mazrouei said, according to the UAE’s state-run WAM news agency. Failure to provide sufficient … Read more

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Oil Hits Fresh Seven-Year High as IEA Turns Bullish on Outlook

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Jan 19, 2022, (Bloomberg) Oil climbed to the highest since October 2014 as the International Energy Agency said the market looked tighter than previously thought, with demand proving resilient to omicron.The global supply surplus is shrinking and oil demand is on track to hit pre-pandemic levels, according to a report from the IEA. The agency also said there’s … Read more

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IEA Sees Tighter Oil Market as Demand Withstands Omicron Wave

Global oil markets look tighter than previously thought as demand suffers surprisingly little impact from the latest coronavirus strain while supplies are curbed by disruptions, the International Energy Agency said. The surplus facing world markets this year is shrinking, with oil demand — slightly upgraded from last month — on track to hit pre-pandemic levels … Read more

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Gran Tierra Energy Announces Corporate Update

January 18, 2022  Total Company Current Average Production of Approximately 30,000 BOPD Achieved 2021 Total Company Average Production of 26,500 BOPD, In-Line with Guidance Paid Down Credit Facility to $67.5 Million as of December 31, 2021, Representing Debt Reduction of $122.5 Million During 2021 SASB Report Published CALGARY, Alberta, Jan. 18, 2022 (GLOBE NEWSWIRE) — … Read more

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XI Technologies: Open Asset Evaluation for January 2022

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

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Temporary Waterway Diversion Methods – What You Need to Know: NCS Fluid Systems [PART 3 of 3]

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Temporary Waterway Diversion Methods This is Part Three of a Three Part Series Read Part One Here – Temporary Diversion Methods – NCS Fluid Systems [PART 1 of 3] Read Part Two Here – Temporary Diversion Methods – NCS Fluid Systems [PART 2 of 3] Emergency planning: In conjunction with the client and the project … Read more

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An Overview on Acoustic Emission Testing – Presented by Stress Engineering

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What Is Acoustic Emission Testing? When materials are cracking, deforming or otherwise becoming damaged, they produce a kind of sound. Sometimes, these sounds are loud and obvious. Other times, they are much more subtle, and to detect them, you need to use specialized equipment. Detecting these subtler sounds through acoustic emission testing (AET) can reveal cracks and … Read more

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New Year, Old Issues: Enbridge, State of Michigan Renew Line 5 Hostilities in Court

WASHINGTON — Enbridge Inc. and the state of Michigan are facing off in court once again in the latest chapter of the ongoing Line 5 pipeline saga.
In new court documents, state Attorney General Dana Nessel is reprising her argument that the dispute ov…

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Suncor provides details on worker death; CEO says recent incidents ‘unacceptable’

CALGARY — The chief executive of Suncor Energy Inc. says the company must do more to improve workplace safety after a truck crash earlier this month resulted in the death of a contractor at the company’s Base Mine site near Fort McMurray, Alta.
Mark L…

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A Matter of Fact: Wall Street Journal Misrepresents the Oil Sands

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Article ignores the industry’s solid track record reducing environmental impacts   By Deborah Jaremko Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter A Jan. 13 article in the Wall Street Journal about Canada’s oil sands is filled with misinformation that ignores the industry’s solid track record reducing environmental … Read more

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Canada’s 2030 Emissions Reduction Plan: Have Your Say on the Future of Canada – Take Action: Deadline Extended to January 21, 2022

After receiving over 20,000 submissions, the federal government extended the engagement period on Canada’s 2030 Emissions Reduction Plan (ERP) by a week. It now closes at 11:59 p.m. PST on January 21st. Show Me How to Make a Submission The 2030 ERP will outline how the federal government plans to meet their goal – which was … Read more

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Oil to breach $100 a barrel later this year – Goldman Sachs

Jan 18 (Reuters) – Brent oil prices are primed to rise above $100 per barrel later this year, Goldman Sachs analysts said, adding oil market remains in a “surprisingly large deficit” as demand hit from the Omicron coronavirus variant is so far smaller than expected. The hit to demand from Omicron will likely be offset … Read more

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OPEC sees well supported oil market in 2022, despite Omicron

Summary Sees expected interest-rate hikes not denting demand outlook Increases U.S. tight oil supply forecast Keeps Q3 demand forecast at 100 mln bpd OPEC December output rises 170,000 bpd LONDON, Jan 18 (Reuters) – OPEC on Tuesday stuck to its forecast for robust growth in world oil demand in 2022 despite the Omicron coronavirus variant … Read more

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The Energy Transition has a Nutritional Problem – Irina Slav on Energy

by Irina Slav More from Irina Slav “We are witnessing the beginning of one of the great tragedies of history. The United States, in a misguided effort to reduce its oil insecurity by converting grain into fuel for cars, is generating global food insecurity on a scale never seen before.” This stark warning was delivered in 2008 … Read more

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Oil Jumps to Highest Since 2014 as Physical Market Booms

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Jan 18, 2022 (Bloomberg) Brent oil surged to the highest level in seven years as robust demand and strained supplies make physical markets run hot in the world’s largest consuming region.Futures in London surged to $88.13 a barrel, the highest since October 2014. Traders are paying higher and higher premiums for cargoes in Asia, as fears fade over the demand … Read more

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Despite Growing Climate Fears, Global Firms Struggle With Solutions

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Jan 18, 2022 (Bloomberg) Climate change concerns are growing among top executives at global firms, but they still struggle to implement solutions across their firms to address those worries.That’s the conclusion of a new survey of 2,000 C-suite executives conducted by professional-services organization Deloitte Touche Tohmatsu Ltd. More than 97% of respondents said that climate change … Read more

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BlackRock CEO Says Stakeholder Capitalism Isn’t ‘Woke’

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BlackRock Inc. Chief Executive Officer Larry Fink warned that companies will be left behind if they don’t embrace sustainable business practices, hitting back at critics who say that considering environmental impact in investing decisions is a politically motivated fad. “Stakeholder capitalism is not about politics,” Fink wrote in his annual letter to CEOs. “It is not a … Read more

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Suncor Energy Provides Q4 2021 Safety and Production Update

Calgary, Alberta–(Newsfile Corp. – January 18, 2022) – Suncor (TSX: SU) (NYSE: SU) today is providing an update on recent incidents and fourth quarter 2021 production. We are deeply saddened by the fatality at our Base plant mining operations on January 6, 2022. We extend our thoughts and condolences to the family, friends and colleagues … Read more

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Obsidian Energy Announces Reconfirmation of our Syndicated Credit Facility

Calgary, Alberta–(Newsfile Corp. – January 18, 2022) – OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) (“Obsidian Energy“, the “Company“, “we“, “us” or “our“) is pleased to announce the reconfirmation of our syndicated credit facility with no changes to our revolving period. As previously disclosed, the Company had a revolving period reconfirmation date on January 17, 2022, … Read more

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Hemisphere Energy Provides Operations Update and Corporate Guidance

Vancouver, British Columbia–(Newsfile Corp. – January 18, 2022) – Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) (“Hemisphere” or the “Company”) is pleased to announce an update on its operations and provide corporate guidance for 2022. Operations Update During the fourth quarter of 2021 Hemisphere was very active in the field with facility expansion, production optimization, … Read more

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TOURMALINE INCREASES QUARTERLY DIVIDEND BY 11%, DECLARES A $1.25/SHARE SPECIAL DIVIDEND AND PROVIDES OPERATIONAL UPDATE

CALGARY, AB, Jan. 17, 2022 /CNW/ – Tourmaline Oil Corp. (TSX: TOU) (“Tourmaline” or the “Company”) is pleased to announce a quarterly dividend increase and special cash dividend and provide an operational update. QUARTERLY DIVIDEND INCREASE AND SPECIAL DIVIDEND Tourmaline is pleased to announce both a quarterly base dividend increase of 11% and the declaration of a special cash … Read more

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‘Thank God for Oil Producers’ Amid Inflation Scare, Dalio Says

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Jan 17, 2022 (Bloomberg) Ray Dalio, the founder of hedge fund Bridgewater Associates, warned against transitioning away from fossil fuels too rapidly and said that cutting off the supply of finance to the industry would have a destabilizing effect as inflation soars.“Thank God for the oil producers” because they are providing reliable supply, Dalio said Monday … Read more

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David Yager: Canada Must Start Discussing Energy Science

No substitutes for oil have been developed on anything like the scale required By David Yager Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter American theoretical physicist and Nobel Prize recipient Richard Feynman wrote, “I would rather have questions that cannot be answered than answers that cannot be … Read more

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What is Carbon Capture and Storage? – Be Informed Here

Carbon Capture and Storage (CCS) has become a hot-button topic in oil and gas, energy policy, and sustainability conversations worldwide. But few, apart from the geologists and engineers who work directly in CCS, understand what it is. This article is an introduction into the process and science of CCS, so that it can be understood … Read more

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UAE aims to capture 25% of hydrogen market share

January 17, 2022 Mazrouei added that as part of the country’s hydrogen roadmap, it is currently implementing seven projects and looks forward to export hydrogen. He said “There has been already discussion with many countries who we supply with hydrocarbons today, and they are keen to get hydrogen.”29dk2902l The minister was attending a session at … Read more

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Heavy crude discount narrows on final day of trade cycle

January 17, 2022 Canadian heavy crude’s differential to benchmark West Texas Intermediate (WTI) crude narrowed 10 cents on Monday, the final day of the monthly trading window. Western Canada Select heavy blend crude for February delivery in Hardisty, Alberta, last traded at $12.80 per barrel below the WTI benchmark, according to NE2 Canada Inc, having … Read more

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Is Climate Catastrophe Really 10 Years Away? – Fraser Institute

Is Climate Catastrophe Really 10 Years Away?  is a new study that finds the increasingly accepted idea that the world has 10 years to avoid catastrophic climate change is overstated due to the nature of the models that this assertion is largely based on. In fact, real-world data over the last twenty years has demonstrated … Read more

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‘Big Win’: Renewable Diesel, Canola-Crushing Plant to be Built in Regina

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REGINA — Federated Co-operatives Ltd. has announced a project that is to include a renewable diesel facility and a canola-crushing plant. 
The estimated $2-billion Integrated Agriculture Complex is to be built in north Regina near the company’s Co-op …

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Praise for Canada: IEA Says Canada Can be Key Global Oil Supplier if Emissions Promises Kept

CALGARY, Alberta,  (Reuters) – Canada, the world’s fourth-largest oil producer, can be a key global supplier for years to come providing it sticks to promises to sharply cut emissions, the International Energy Agency (IEA) said on Thursday. In its first review of Canada’s energy policies since 2015, the IEA said the country’s role as a … Read more

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Defuse These Digital Oil and Gas Time Bombs – Geoffrey Cann

Geoffrey Cann

By Geoffrey Cann Digital innovations are setting up a number of time bombs that will eventually go off. Now is the time to defuse them before it’s too late. Life’s Time Bombs My elderly parents faced a time bomb that they couldn’t see. On and off for a few years, I tried to encourage Mom … Read more

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Canada’s Trans Mountain oil pipeline returns to normal operating pressure

January 17, 2022 Trans Mountain Pipeline Construction Canada’s Trans Mountain pipeline returned to normal operating pressure on Saturday, it said in a statement, after functioning at reduced pressure for over a month. The Canadian government-owned oil pipeline, which ships 300,000 barrels a day of crude oil and refined products from Alberta to the Pacific Coast, … Read more

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SURGE ENERGY INC. ANNOUNCES 2022 CAPITAL AND OPERATING BUDGET; CORPORATE UPDATE ON SHAREHOLDER RETURNS BUSINESS MODEL; OPERATIONS UPDATE

CALGARY, AB, Jan. 17, 2022 /CNW/ – Surge Energy Inc. (“Surge” or the “Company”) (TSX: SGY) is pleased to announce its 2022 budget guidance, as approved by the Company’s Board of Directors, an update on Surge’s anticipated reinstatement of Management’s shareholder returns focused business model, and an operations update. 2022 BUDGET GUIDANCE – CONTINUED FOCUS ON SHAREHOLDER RETURNS … Read more

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Alberta Prioritises Oil Sands’ Carbon Storage Hub, Energy Minister Says

CALGARY, Alberta, Jan 14 (Reuters) – The government of Alberta, Canada’s main oil-producing province, plans to move forward “very, very quickly” on its next carbon sequestration hub in the Cold Lake region that will serve oil sands producers, Energy Minister Sonya Savage told Reuters. Alberta is currently accepting requests for proposals to operate an underground … Read more

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Oil Trades Near Highest Since 2014 on Tightening Market

Oil Prices

Brent oil traded near the highest intraday level since 2014 as the market tightened and concerns about the impact of omicron eased. Futures in London held at about $86 a barrel after a fourth weekly advance on Friday, with gains tempered by signs of slowing Chinese economic growth. High prices are justified and futures could rise even further, … Read more

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Turnkey Construction: The Latest Way to Simplify Your Resource & Mining Operations

Turnkey products and services are today’s way of providing resource & mining companies with easy, stress-free operations. This goes for installing a new industrial building, mechanical system, and more. Companies like Cobra Structures realize the advantage of offering turnkey products and services. In particular, Cobra Structures and their sister company Cobra Mechanical have taken every … Read more

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Wave goodbye to time consuming tasks and save your budget and with DeReader. Explore the multiple benefits of this state-of-the-art app.

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DeReader: DeReader allows you to store and share information with anyone no matter the distance. This mobile and desktop app offers a complete solution to on-site fieldwork and more. Eliminate paperwork from your life. Connect your physical assets to any accompanying documentation. Share it with anyone, anywhere. Benefits: Work on the Go– Keep your information safe … Read more

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A Crash Course in Cybersecurity – 5 Types of Cyber Scams You Need to Know

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“Cybersecurity: technologies, processes and practices designed to protect networks, computers, programs and data from attack, damage, or unauthorized access.” Today’s employees are connected to the Internet all day every day, communicating with colleagues and stakeholders, sharing critical information, and jumping from site to site. With hackings, data breaches and ransomware attacks on the rise, it … Read more

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VIRTUAL TOWNHALL: ICBA/CAPP 2022 State of Energy

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When Jan 26, 2022 12:30 PM in Vancouver Description B.C. is poised to be a major player in the international LNG business by exporting natural gas from the northeastern part of the province to markets in China, India, and elsewhere. The International Energy Agency projects that demand for natural gas will increase 15 percent by … Read more

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Minimize Potential Sample Distortion Caused by the Effects of Adsorption

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Liquid in a sample conditioning system can damage analyzers and lead to inaccurate sample analysis; directly affecting the bottom line. Any one of Westech Industrial’s A+ Genie probes can be used for spot sampling, but only one has been designed specifically for Spot Sampling. The Genie® 701 Portable Membrane Probe is designed to extract a … Read more

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RAM Mast Raising Cylinders: Outfit Your Rig Equipment to Deploy Quickly and Safely

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Hydraulics play a significant role in derricks and masts used in oilfield drilling rigs to support the crown block and drill string used during a wellbore. Hydraulic cylinders enable rapid rig deployment while maintaining precise control and a safe operating environment. Telescoping cylinders are often used to deploy the equipment and to raise, set and … Read more

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The Coverall Shop
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$30 Million to Accelerate Carbon Capture Projects in Alberta

January 14, 2022 EDMONTON, Alberta – A new $30 million funding opportunity will accelerate development of industrial-scale carbon capture and transportation technology solutions in Alberta. Emissions Reduction Alberta’s (ERA) Carbon Capture Kickstart: Design and Engineering call builds on Alberta’s global leadership in this space, and will fill key knowledge gaps, drive partnerships and innovation, and accelerate project … Read more

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U.S. drillers add most oil and gas rigs in a week since April as rig count tops 600 – Baker Hughes

Jan 14 (Reuters) – U.S. energy firms this week added the most oil and natural gas rigs in a week since April as rising oil prices prompt more drillers to return to the wellpad. The oil and gas rig count, an early indicator of future output, rose 13 to 601 in the week to Jan. … Read more

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Join PTAC for an exciting Technology Information Session

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Date: Thursday, January 20, 2022 Time: 11:00 a.m. – 12:00 p.m. MT Topic: Intelliview Technology’s DCAM This information-sharing event will provide an overview of the IntelliView DCAM, a new and efficient method for automating detection of leaks and other mission-critical events at aboveground oil and gas production, transfer and storage facilities as well as offshore platforms. Learn more about: The features, capabilities and customization options of AI-powered imaging for leak detection; Applications in the oil and gas industry and how major operators are deploying the technology; … Read more

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NEW! Remove Barriers to Access the Internet: OneWeb & Galaxy Connect Remote & Rural Canadian Enterprises – Learn More Here

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  OneWeb and Galaxy are collaborating to build customer-focused enterprise solutions. Together enabling a LTE-like connectivity experience for everyone, everywhere. Galaxy has a team of experts ready to address your connectivity concerns of Protection for People, Assets, Environment and Data, as well as enabling services for Business Communications and Morale Services, in a safer more … Read more

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The Coverall Shop
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New Oil Sands Alliance to focus on industry sustainability, advancing net-zero ambitions

CALGARY — Canada’s largest oilsands companies have formed a new advocacy group they say will help to advance the sustainable development and operation of their industry.
The Oil Sands Alliance was established Jan. 1, with membership consisting of oils…

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Finding Budget To Fuel Innovation In The Energy Sector – Geoffrey Cann

Geoffrey Cann

With all the pressures on energy businesses today, you can often find the technology budget you need to fund innovation hidden in plain view. Pressures on the Business The energy industry is on an innovation roll because the pressures to change are diversifying, intensifying, and magnifying. The dramatic decline in the cost of renewables has … Read more

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PetroShale Inc. Announces Appointment of New Management Team, Board Appointment, Oversubscribed $54.5 Million Equity Financing, 2022 Capital Budget and Production Guidance and Proposed Name Change to Lucero Energy Corp.

NOT FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW.  ALL DOLLAR AMOUNTS IN THIS NEWS RELEASE ARE STATED IN CANADIAN DOLLARS UNLESS OTHERWISE NOTED./ CALGARY, AB, Jan. 13, 2022 /CNW/ – PetroShale Inc. (“PetroShale” or the “Company“) (TSXV: PSH) (OTCQB: PSHIF) is pleased to announce … Read more

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Oil Powers Into the New Year as Traders Shrug Off Omicron Impact

Jan 14, 2022 (Bloomberg)  Oil headed for a fourth straight weekly gain, the longest winning streak since October, on signs that the market is tightening as global consumption withstands the impact of the omicron virus variant.Brent crude pared earlier gains on Friday, but is still on track for a 4% increase this week. The global … Read more

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Bank of Canada Will Hike Rates This Month: J.P. Morgan

Economists at J.P. Morgan expect the Bank of Canada will raise its benchmark interest rate at its Jan. 26 meeting, ahead of the central bank’s own timeline for liftoff. “Based on rhetoric from the Bank of Canada in December, it was clear that labour market dynamics and outperforming economic data had created heightened concerns at … Read more

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Canada Joins Mexico in Complaint Over U.S. Car-Rules Reading

Jan 13, 2022 (Bloomberg) Canada is joining Mexico in formally disputing how the U.S. interprets rules governing the origin of vehicle parts under the trilateral trade agreement between the countries. The country will join Mexico in requesting the creation of a tribunal of experts to rule on the matter as allowed under the U.S.-Mexico-Canada Agreement, known … Read more

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Schachter’s Eye on Energy: Energy Stocks Are In ‘Happy Days Are Here Again’ Mode. This Looks To Me Like Q2/08 When Crude Prices Rose Multiple $/Day – Just Before The Financial Crisis Meltdown. Caveat Emptor!

Josef Schachter

Each week Josef Schachter gives 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 30 energy, energy service and pipeline & infrastructure companies with regular updates. We also hold quarterly webinars and provide Action BUY … Read more

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Line 3 Pipeline Completion Delivers Long-Term Benefits for Western Canada’s Oil Producers 

By Deborah Jaremko Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Canadian oil producers have reached the light at the end of the pipeline – the Line 93 pipeline, that is, known previously as the Line 3 Replacement Project.   The benefits of the new 1,765-kilometre pipeline from Alberta to Wisconsin are … Read more

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Register now in the Canadian Trade Commissioner Service’s Hydrogen and Carbon Capture, Utilisation and Storage (CCUS) Capabilities Export Directory- FREE OF CHARGE: Details Here

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Under the Paris Agreement, Canada committed to reducing its GHG emissions by 30% below 2005 levels by 2030. The Government of Canada has also announced that it plans to set Canada on a path to achieve a prosperous net-zero emissions future by 2050. One part of the Government of Canada plan to achieve these goals … Read more

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Obsidian Energy Announces Application for Listing on the NYSE American and 2022 Guidance Release Webcast

Calgary, Alberta–(Newsfile Corp. – January 13, 2022) – OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) (“Obsidian Energy“, the “Company“, “we“, “us” or “our“) is pleased to announce that the Company has applied for listing on the NYSE American. With an extensive U.S. shareholder base, we believe that, upon approval of our listing application on the NYSE … Read more

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Oil Steady After Rally as Mild Omicron Hit Lets Market Tighten

(Bloomberg)  Oil steadied near a two-month high as demand withstands the omicron variant and supplies come under pressure, tightening global markets.West Texas Intermediate held above $82 a barrel after U.S. crude stockpiles dropped, adding to an increasingly tight supply picture caused by outages and constraints from Libya and Nigeria to Russia. Consumption has proved remarkably … Read more

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Canada to Face Challenge in Remaining Major Oil Power, IEA Warns

Oil and Gas Refinery

(Bloomberg) Canada will face challenges in retaining its status as a global oil and gas power in a world transitioning toward net zero carbon emissions by mid-century, the International Energy Agency said. The country seeks to remain “a major global oil and gas supplier” beyond 2050 even as countries, including Canada itself, push toward emission … Read more

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David Yager: Commodities Will Drive Western Canada’s Economy in 2022 and Beyond

By David Yager January 12, 2021 Whatever we in western Canada are told we should do, or what people think we should do, it is essential to periodically review what we actually do. Like why people live here. Why companies operate in this remote portion of North American and in doing so pay the salaries … Read more

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You’re Invited – 2022 Canada Energy Update – Details HERE – Presented by the Energy Council of Canada, January 21, 2022

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You are invited to register for 2022 Canada Energy Update Friday, January 21, 2022 – 9:00 AM to 12:30 PM EST Canada’s national energy industry associations assemble to look ahead at 2022. Don’t miss a high-powered overview of energy policy and priorities for this year, held in coordination with the United States Energy Association (USEA) State of the … Read more

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JP Morgan Sees OPEC Spare Capacity Falling Through 2022 – Oil Prices Rising Sharply

January 12, 2022 JP Morgan on Wednesday said it expects Organization of Petroleum Exporting Countries’ spare capacity to fall through 2022, driving a higher risk premium to oil prices. JPM forecasts oil prices to rise as high as $125 a barrel this year and $150 a barrel in 2023. “We see growing market recognition of … Read more

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Heavy Crude Discount Widens Further

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Canadian heavy crude’s differential to benchmark West Texas Intermediate (WTI) crude widened for a second day on Wednesday. Western Canada Select heavy blend crude for February delivery in Hardisty, Alberta, last traded at $13.15 per barrel below the WTI benchmark, according to NE2 Canada Inc, having settled at $12.65 per barrel below the U.S. crude … Read more

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Oil prices could hit $100 as demand outstrips supply

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LONDON, Jan 12 (Reuters) – Oil prices that rallied 50% in 2021 will power further ahead this year, analysts predict, saying a lack of production capacity and limited investment in the sector could lift crude above $100 a barrel. Though the Omicron coronavirus variant has pushed COVID-19 cases far above peaks hit last year, analysts … Read more

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Oil Trades at Two-Month High With Agencies Seeing Tighter Market

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(Bloomberg)Oil climbed to its highest level since November as two major agencies indicated that markets may be tighter than previously forecast. West Texas Intermediate traded above $82. On Wednesday, the International Energy Agency’s Fatih Birol said the relatively small hit to demand from omicron means consumption has been stronger than many observers had expected. That … Read more

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Delta Remediation Inc.
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Plan for Decades of High Commodity Prices, BlackRock Says

(Bloomberg) Commodities prices may stay high for decades as mining companies struggle to keep up with demand from the energy transition, according to BlackRock Inc.’s Evy Hambro. Raw materials, and shares of some companies that produce them, hit record highs last year as massive global stimulus measures underpinned consumption. At the same time, the switch … Read more

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The Coverall Shop
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IEA Blames Russia for Gas Squeeze Hurting European Economies

(Bloomberg) The head of the International Energy Agency blamed Russia for an energy crunch that’s hurting economies across Europe.Russia could boost gas deliveries to the continent by at least a third from current levels, but it’s keeping spot sales capped despite high prices, IEA Executive Director Fatih Birol said on a call with reporters on … Read more

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Muddy Boots
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Obsidian Energy Announces Updates to Our Syndicated Credit Facility and Senior Notes

Calgary, Alberta–(Newsfile Corp. – January 11, 2022) – OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) (“Obsidian Energy“, the “Company“, “we“, “us” or “our“) announced that we have completed the one-time adjustment of our syndicated credit facility effective December 31, 2021. Our aggregate commitment amount is now $366.8 million adjusted from the previous amount of $415.0 million. … Read more

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Kiwetinohk announces corporate update, 2022 guidance and confirmation of TSX listing date

January 12, 2022  CALGARY, Alberta, Jan. 12, 2022 (GLOBE NEWSWIRE) — Kiwetinohk Energy Corp. provides a corporate update and announces its 2022 capital expenditures budget and production guidance. “This budget is designed to deliver strong baseline cash flow from the upstream business while advancing power projects toward FID,” said CEO Pat Carlson. “The 2022 budget … Read more

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InPlay Oil Corp. Announces 2022 Capital Budget Highlighting Record Financial and Operational Guidance

January 12, 2022  CALGARY, Alberta , Jan. 12, 2022 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) is pleased to announce that its Board of Directors has approved a $58 million capital program for 2022 which is forecasted to deliver 2022 average production of 8,900 – 9,400 boe/d(1) (62% – … Read more

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WestFab Q1 Rate Reduction: Seeing project costs rise?

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“Experienced Built, World-class Quality Driven” Our team at WestFab has taken the fundamental steps to ensure our business is running efficiently. We are committed to helping make your projects more economically viable and work upfront with constructability. We understand these are unique times, which is why we are driven to help our clients succeed and … Read more

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ONLINE WEBINAR: Monitoring Crude Viscosity with Phil Harris – January 20th at 12:00 PM MST

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Sign Up Here: https://www.makingmeasurementsmatter.com/offers/9LyCN3mm/checkout Saving Money and Energy with Optimized Crude Operations The JP3 Verax system provides an opportunity to improve blending operations by monitoring crude viscosity. Additionally, composition and other physical properties can be used by downstream customers to optimize their operations. Examples include refinery feedstock blending and distillation tower efficiency. NIR Spectroscopy for … Read more

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XI Technologies: What you need to know about the new Licensee Capability Assessment in Directive 088

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.  While many of us were prepping for the holiday season and some much … Read more

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Inactive Investment: Opportunities for Methane Reduction at Inactive Well Sites

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Across the North America, millions of abandoned, inactive, or shut-in oil and gas well have been left behind from former operations. These uncapped, idle oil wells are estimated to be leaking millions of kilograms of heat-trapping methane emissions into the atmosphere and environment each year. Methane is a powerful greenhouse gas (GHG) that is linked … Read more

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CALLING ALL INNOVATORS, START-UPS, AND TECHNICAL GURUS – Williston Basin Petroleum Conference 2022

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The Williston Basin Petroleum Conference returns to Regina, SK in 2022. The conference will showcase technical innovation centred around emissions reduction, CO2 sequestration, EOR, helium, hydrogen, geothermal, as well as advancements in heavy oil, light and tight oil, advanced energy systems and advanced technologies. The conference committee is inviting organizations to submit their abstracts for … Read more

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WEBINAR: Canada’s Energy Geoscientists – Where’s your Wellbore? The Great Wellbore Hunt! with Jessica Beal, P. Geo. on January 26, 2022

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Presenter: Jessica Beal, P. Geo. Date: Wednesday, January 26, 2022 | 12:00pm to 1:00pm (MST) Virtual Event Registration: Register Now | View Abstract About: Confidence in horizontal wellbore positioning is critical for all aspects of a wellbore’s existence – land surveying, geological mapping, reservoir modeling, completions, production, as well as future predictions and optimizations. Yet, wellbore … Read more

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NEW PRODUCT – FLUKE 1770 Series Power Quality Analyzers: Kingsway Instruments – Canada’s Most Trusted Fluke Store

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Kingsway Instruments is excited to share the new Fluke 1770 Series Power Quality Analyzer for measuring, monitoring, and reporting power quality on three-phase systems. Automatic measurements. More flexibility. Better power quality troubleshooting. Fluke 1770 Series Three-Phase Power Quality Analyzers eliminate the complexities of power quality logging, troubleshooting, and analysis. Engineered to be the faster, easier … Read more

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Delta Remediation Inc.
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Smart-Project Management Inc. / Trusted Pipeline Advisor
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Pipeline Power: Advanced technology is changing the game for pipeline integrity and maintenance programs.

GeoVerra_RGB

For pipeline owners and operators, the risks are real. Pressure is mounting: rigorous and complex regulations, price volatility, environmental crusades, and even unpredictable weather and geohazards are writing a new chapter for oil and gas. But thanks to forward-thinking companies embracing digitalization to better manage their assets and mitigate risks—whether it’s for designing, building, or … Read more

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The Coverall Shop
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Delta Remediation Inc.
Smart-Project Management Inc. / Trusted Pipeline Advisor
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Payload Technologies Inc.

GLJ’s January Price Forecast 2022

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BY JUSTIN MOGCK As we head into the new year, the energy picture is currently looking more stable with market fundamentals supporting continued price strength. With vaccinations helping to curb the worst impacts of COVID-19, and despite the surge of its Omicron variant, there appears to be some demand stability moving forward as economies have … Read more

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Smart-Project Management Inc. / Trusted Pipeline Advisor

PSAC Responds: Canadian Government pushes for vaccine mandate for international truckers

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CALGARY, AB (January 11, 2022) – The Government of Canada announced a vaccine mandate for international truckers which will require drivers coming into Canada to be fully vaccinated. The Petroleum Services Association of Canada (PSAC) calls on the government to delay the deadline for mandatory vaccination and work to find a revised timeline that minimizes labour and supply … Read more

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Canadian Oil is Getting ‘Cleaner’

Overall emissions intensity down by 10% from 2000, oil sands intensity down by nearly 23% By Lennie Kaplan Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Download the PDF here Download the charts here Introduction Many people are interested in whether a barrel of oil produced by the Canadian upstream oil … Read more

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RCMP commissioner breached duty with slow response to watchdog report about alleged spying on anti-oil protesters

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OTTAWA — RCMP Commissioner Brenda Lucki flouted the law by failing to respond promptly to a watchdog report about alleged spying on anti-oil protesters, a federal judge has ruled.
In a newly released decision, Federal Court Associate Chief Justice Joc…

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China’s Solar Giants Have a Fix for Their Broken Supply Chain

Jan 11, 2022 (Bloomberg) The supply chain snarl that tripled the price of a key raw material for solar panels is about to get fixed, clearing the way for a renewed boom in the use of the clean energy technology.China is spending billions on new factories to produce polysilicon, used to make photovoltaic cells for solar panels. Global … Read more

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European Power Prices Extend Decline as More LNG Offers Relief

(Bloomberg) European electricity prices plunged as increasing supplies of liquefied natural gas is easing the region’s energy crunch. German power for next month fell for a third day, dropping as much as 8.2%, as Dutch gas extended its bearish streak this week. Warmer weather in central Europe as well as forecasts for higher wind output … Read more

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Vista Projects Limited
Smart-Project Management Inc. / Trusted Pipeline Advisor
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Oil Rallies With Equity Markets Before U.S. Releases Energy Data

Oil Prices

Jan 11, 2022 (Bloomberg) Oil gained as European equities bounced back, with crude continuing to follow the fortunes of wider markets in the first weeks of 2022.West Texas Intermediate added 1.2% as stock markets in Europe rallied. The industry-funded American Petroleum Institute will release its weekly U.S. oil inventories report later Tuesday, while the Energy Information … Read more

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Payload Technologies Inc.

Canadian Natural Resources Announces 2022 Budget

Calgary, Alberta–(Newsfile Corp. – January 11, 2022) – Canadian Natural’s (TSX: CNQ) (NYSE: CNQ) President, Tim McKay, commented “Our key advantages are our committed and dedicated work teams and our large, high quality asset base including long life low decline assets which provides us optionality and flexibility to allocate capital to our highest return projects. … Read more

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Muddy Boots
Delta Remediation Inc.
The Coverall Shop
Axis Communciations
Di-Corp
Smart-Project Management Inc. / Trusted Pipeline Advisor
Vista Projects Limited
Payload Technologies Inc.

Completing Trans Mountain: Watch These Canadian Oil and Gas Projects for Milestones in 2022

trans mountain worker 1200x810 jan 7 2022

New developments build on leadership in reliable supply and commitment to environmental excellence By Deborah Jaremko Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Major milestones are expected this year for oil and gas projects that build on Canada’s position as a responsible global supplier and leader in emissions reductions.  Projects in … Read more

New SHOWCASE Directory Companies

 

Delta Remediation Inc.
The Coverall Shop
Muddy Boots
Axis Communciations
Di-Corp
Smart-Project Management Inc. / Trusted Pipeline Advisor
Vista Projects Limited
Payload Technologies Inc.

Crude Update: Heavy Crude Discount Inches Tighter

January 10, 2022 Canadian heavy crude’s differential to benchmark West Texas Intermediate (WTI) crude narrowed marginally on Monday. Western Canada Select heavy blend crude for February delivery in Hardisty, Alberta, last traded at $12.35 per barrel below the WTI benchmark, according to NE2 Canada Inc, having settled at $12.40 per barrel below the U.S. crude … Read more

New SHOWCASE Directory Companies

 

The Coverall Shop
Axis Communciations
Muddy Boots
Delta Remediation Inc.
Smart-Project Management Inc. / Trusted Pipeline Advisor
Payload Technologies Inc.
Di-Corp
Vista Projects Limited

More Regulation? Canada’s Bank Regulator Hints at Climate-Resilience Requirements

Jan 10, 2022 (Bloomberg) Canada’s federal banking regulator suggested that the country’s financial institutions may face additional requirements to ensure they’re resilient in the face of climate change and the transition from fossil fuels to renewable-energy sources.Part of the mandate of the Office of the Superintendent of Financial Institutions is to ensure the country’s financial system … Read more

New SHOWCASE Directory Companies

 

Delta Remediation Inc.
The Coverall Shop
Muddy Boots
Axis Communciations
Vista Projects Limited
Di-Corp
Payload Technologies Inc.
Smart-Project Management Inc. / Trusted Pipeline Advisor

Canada’s Oil Sands Exports to Asia Reach Record with New Link

Oil and Gas Refinery

Bloomberg News Canada’s oil sands producers were able to export a record amount of crude to overseas markets thanks to a new link to the U.S. Gulf Coast. The recent reversal of Marathon Pipe Line Inc.’s Capline pipeline is sending oil sands crude produced in landlocked Alberta to export terminals on Gulf Coast where it … Read more

New SHOWCASE Directory Companies

 

Muddy Boots
The Coverall Shop
Axis Communciations
Delta Remediation Inc.
Payload Technologies Inc.
Smart-Project Management Inc. / Trusted Pipeline Advisor
Di-Corp
Vista Projects Limited

Irina Slav on Energy: Here’s Why Everyone Should Watch Assassin’s Creed – Part 1

lithium mining 1200x810

More From Irina Slav I’m sure this is not a headline you expected to see here but bear with me and it will all become clear. “Assassin’s Creed” is a 2016 adaptation of the same-name videogame series, in which the Order of the Assassins fights with the Knights Templar for control of the Apple of … Read more

New SHOWCASE Directory Companies

 

Axis Communciations
Delta Remediation Inc.
Muddy Boots
The Coverall Shop
Smart-Project Management Inc. / Trusted Pipeline Advisor
Payload Technologies Inc.
Vista Projects Limited
Di-Corp

One of the World’s Biggest Wealth Funds Targets Sustainable Finance

(Bloomberg) Kuwait Investment Authority wants to make its entire portfolio compliant with environmental, social and governance standards, its managing director said, as Gulf nations reliant on crude move toward life after oil.Kuwait has built up its riches thanks to vast crude exports — something which puts the engine of its economy at odds with ESG principles. … Read more

New SHOWCASE Directory Companies

 

Delta Remediation Inc.
Axis Communciations
Muddy Boots
The Coverall Shop
Smart-Project Management Inc. / Trusted Pipeline Advisor
Vista Projects Limited
Payload Technologies Inc.
Di-Corp

NuVista Energy Ltd. Announces Operational Update With Record Production and Significant Debt Reduction for the Fourth Quarter of 2021

January 10, 2022  CALGARY, Alberta, Jan. 10, 2022 (GLOBE NEWSWIRE) — NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX: NVA) is pleased to announce a number of updates which demonstrate continued successful advancement of our Pipestone and Wapiti Montney play development. Fourth Quarter Production Record We are very pleased to report that in the fourth … Read more

New SHOWCASE Directory Companies

 

Delta Remediation Inc.
The Coverall Shop
Axis Communciations
Muddy Boots
Vista Projects Limited
Smart-Project Management Inc. / Trusted Pipeline Advisor
Di-Corp
Payload Technologies Inc.

WEBINAR: How are employees factored into companies’ decarbonization plans?

KPMG Logo

Join us to discuss how corporations can bring the people factor to the forefront of their climate change and ESG agenda. When January 20, 2022 at 12:00 PM EDT REGISTER NOW About The transition to a low-carbon economy will likely result in substantial changes to the way corporations do business, from the goods and services … Read more

New SHOWCASE Directory Companies

 

Delta Remediation Inc.
Muddy Boots
The Coverall Shop
Axis Communciations
Vista Projects Limited
Payload Technologies Inc.
Di-Corp
Smart-Project Management Inc. / Trusted Pipeline Advisor