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PSAC announces the appointment of Gurpreet Lail as President and CEO

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  June 21, 2021 CALGARY, AB – The Petroleum Services Association of Canada (PSAC) Board of Directors is pleased to announce that effective June 28, 2021, Gurpreet Lail has been named President and CEO of PSAC. Lail is a proven executive with a track record of leadership success building alliances, developing value added programs, growing revenues, fund raising and … Read morePSAC announces the appointment of Gurpreet Lail as President and CEO

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Inter Pipeline rejects revised hostile takeover offer by Brookfield

Inter Pipeline Ltd. has rejected a revised hostile takeover offer by Brookfield Infrastructure Partners LP that allows shareholders to receive their payment entirely in cash instead of a mix of cash and shares if they want. The company urged shareholders to reject the offer and support its friendly all-stock deal to be bought by Pembina … Read moreInter Pipeline rejects revised hostile takeover offer by Brookfield

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Pembina Joins Inter Pipeline in Filing Cross-Applications with Alberta Securities Commission to Remedy Brookfield’s Lack of Disclosure and Protect Shareholder Rights

Brookfield’s “Total Return Swap” With Unnamed Parties Requires Full Disclosure and Should Not be Allowed to Interfere with Shareholders’ Ability to Choose the Pembina – Inter Pipeline Transaction CALGARY, AB, June 21, 2021 /PRNewswire/ – Pembina Pipeline Corporation (“Pembina“) (TSX: PPL) (NYSE: PBA) today announced that Pembina and Inter Pipeline Ltd. (“Inter Pipeline“) (TSX: IPL) have filed cross-applications with the Alberta … Read morePembina Joins Inter Pipeline in Filing Cross-Applications with Alberta Securities Commission to Remedy Brookfield’s Lack of Disclosure and Protect Shareholder Rights

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Oil Holds Near $72 as Iran Nuclear Talks Pause Without a Deal

Oil-Prices

Jun 21, 2021 (Bloomberg) Oil held near $72 a barrel as inconclusive nuclear talks between world powers and Iran — which has elected a new hardline president — allayed prospects for a swift revival of the Islamic Republic’s crude exports.Futures in New York were little changed after increasing for a fourth week. Diplomats adjourned a sixth round of meetings with … Read moreOil Holds Near $72 as Iran Nuclear Talks Pause Without a Deal

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Gulf states will take at least 10 years to end oil dependence – Moody’s

Reuters DUBAI, June 21 (Reuters) – Countries in the oil-exporting Gulf will remain heavily dependent on hydrocarbon production for at least the next ten years as efforts to diversify economies have made limited progress since the 2014-2015 oil price shock, Moody’s said. Reliance on the energy sector will be the “key credit constraint” for the … Read moreGulf states will take at least 10 years to end oil dependence – Moody’s

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Equinor CEO says govts need to open more offshore wind areas

Summary Too few areas made available now for offshore wind Equinor wants to become leader in the field Eyes U.S., Europe, South Korea and Japan for development Also betting on carbon capture and storage OSLO, June 21 (Reuters) – Countries worldwide should make more offshore areas available for wind farms than they do currently if … Read moreEquinor CEO says govts need to open more offshore wind areas

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As demand accelerates, BofA Global Research expects oil to reach $100/bbl next year

June 21 (Reuters) – BofA Global Research raised its Brent crude price forecasts for this year and next, saying that tighter oil supply and demand balances in 2022 could push oil briefly to $100 per barrel. “We believe that the robust global oil demand recovery will outpace supply growth over the next 18 months, further … Read moreAs demand accelerates, BofA Global Research expects oil to reach $100/bbl next year

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The Big Flip: The IEA is now begging OPEC to produce more oil – Mark Milke

After just telling democracies to end oil investment, the IEA now wants illiberal regimes to turn on the taps By Mark Milke Canadian Energy Centre The OPEC logo is seen at the organization’s headquarters in Vienna, Austria. Getty Images photo What a difference a month makes.Back in May, the International Energy Agency (IEA) told  the world that if … Read moreThe Big Flip: The IEA is now begging OPEC to produce more oil – Mark Milke

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WATCH: The Trans Mountain 2.6 Kilometre Burnaby Mountain Tunnel – See How It Will Be Built

Construction just marked a big milestone at the B.C. coast. Work is now underway on a 2.6-kilometre tunnel through Burnaby Mountain, a massive engineering effort that the project has been preparing for more than six years. The tunnel is required to minimize impact of the expansion on the local community, Trans Mountain says. Specialized boring equipment will … Read moreWATCH: The Trans Mountain 2.6 Kilometre Burnaby Mountain Tunnel – See How It Will Be Built

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Trans Mountain expansion boosting communities as peak construction begins – Workforce of more than 9,000 helping offset lost tourism activity in B.C.

By Deborah Jaremko Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Visitor centre and municipal building in the small village of Valemount, B.C. Photo courtesy Village of Valemount Tourism-based communities in B.C. are getting a boost from work on the Trans Mountain expansion, which is helping reduce the … Read moreTrans Mountain expansion boosting communities as peak construction begins – Workforce of more than 9,000 helping offset lost tourism activity in B.C.

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ENERGY INNOVATION MONTH FEATURE: Stirling Powered Methane Abatement – Learn More

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Qnergy (q-ner–gy) is the world’s leading clean technology manufacturer of Stirling energy systems, designing and manufacturing the PowerGen stand-alone power generator. The Free Piston Stirling Engine design delivers unparalleled reliability. Our engine is a closed system which requires no lubrication, maintenance or repair, delivering tens of thousands of hours of uninterrupted operation. Qnergy’s newest program … Read moreENERGY INNOVATION MONTH FEATURE: Stirling Powered Methane Abatement – Learn More

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ENERGY INNOVATION MONTH FEATURE: Connecting Workers to Save Time, Save Money and Save Lives.

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The Rise of the Connected Worker Worker safety is always a top priority and helping our clients achieve this is Field Safe’s goal. The industry is evolving from the days of manually completing and submitting forms from the field and keeping a binder of safety regulations somewhere in the back of a truck. Today’s digital … Read moreENERGY INNOVATION MONTH FEATURE: Connecting Workers to Save Time, Save Money and Save Lives.

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Osperity now offers visual detection of FUGITIVE GAS EMISSIONS, such as Methane, through its intelligent visual monitoring platform

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Partnering with Viper, Osperity can now provide a reliable way of detecting fugitive emissions in industrial settings. Viper’s technology will work seamlessly with Osperity’s visual monitoring platform, meaning clients can rely on automated inspection reports, monitoring and exception-based alerting which will greatly assist industrial companies to further improve environmental initiatives, HSE compliance with automated leak … Read moreOsperity now offers visual detection of FUGITIVE GAS EMISSIONS, such as Methane, through its intelligent visual monitoring platform

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In celebration of our new partnership with EnergyNow, you and your team are invited to train with us, as our gift.

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Get ready for the September rush by expanding your virtual sales knowledge and develop a proven sales process. Get more meetings and start closing deals faster by getting started now. Training is valued at $1,500 and includes a 90 minute session with one of our leading sales coaches.  *limit of 6 teams trainings available Apply … Read moreIn celebration of our new partnership with EnergyNow, you and your team are invited to train with us, as our gift.

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ICBA Energy Member Feature- Mirandus Medical

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At the heart of Mirandus Medical is family, a love of science and medicine, and a dedication to professionalism and helping others. Jennifer and Ryan, a dynamic mother and son team, are the heart of this industrial first aid company. Jennifer started the company in 2006. During this time, her career has seen many highlights, … Read moreICBA Energy Member Feature- Mirandus Medical

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EV Technical Webinar on “PerforationVA: The Definitive Quantified Picture of Cluster Efficiency”

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EV are hosting a range of public webinars on knowledge sharing topics. These webinars are hosted as open sessions, on Microsoft Teams, for anyone in the Oil and Gas Industry to join in at no cost. The upcoming webinar will focus on the application of PerforationVA and how EV are helping leading operators improve frac … Read moreEV Technical Webinar on “PerforationVA: The Definitive Quantified Picture of Cluster Efficiency”

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Temporary Gas Detection: Why use it?

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Gas detection is a key part of a modern plant’s safety and asset monitoring system.  Most plants likely have a permanent gas detection setup to alert operators when there are critical issues.  Temporary systems can help when a permanent solution isn’t needed. What isn’t thought about as often is areas that may not need gas … Read moreTemporary Gas Detection: Why use it?

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Canada Weekly Rig Count Up 24 for Week Ending June 18, 2021

Canada’s drilling rig count is up 24 active drilling rigs according to data collected by Baker Hughes for the week ending June 18, 2021.     From one week ago, Alberta rig counts increased 19 to 71 and the Saskatchewan rig counts increased 1 to 27. Oil drilling increased 15 to 74 and gas increased … Read moreCanada Weekly Rig Count Up 24 for Week Ending June 18, 2021

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U.S. drillers add oil and gas rigs for second week in a row -Baker Hughes

June 18 (Reuters) – U.S. energy firms this week added oil and natural gas rigs for a second week in a row as crude prices rose to their highest since 2018, prompting some drillers to return to the wellpad. The oil and gas rig count, an early indicator of future output, rose nine to 470 … Read moreU.S. drillers add oil and gas rigs for second week in a row -Baker Hughes

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North American oil service firms’ pricing and hiring on the upswing

DENVER, June 17 (Reuters) – As oil climbs above $70 a barrel for the first time in almost three years, oilfield firms are reporting prices for their services and equipment have bottomed and many are fielding more calls for jobs. U.S. crude production, which plummeted during the coronavirus pandemic, is ticking back up, despite generally … Read moreNorth American oil service firms’ pricing and hiring on the upswing

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Visualizing the Size and Scale of the Canadian Oil Sands – ENERGYminute

From ENERGYminute Go to ENERGYminute for More Great Information Follow ENERGYminute on Linkedin by Michelle Heath and Aaron Foyer   Jun 17th 2021 | Emissions, Energy, Oil & Gas, Oil Markets Oil sands are located in a number of countries globally like Venezuela, United States, Russia and Canada, with the Athabasca deposit in Alberta being the largest. In 2019, the world’s total proved … Read moreVisualizing the Size and Scale of the Canadian Oil Sands – ENERGYminute

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Government of Canada Approves the NOVA Gas Transmission Ltd.  Edson Mainline Expansion Project 

From: Natural Resources Canada News release June 18 2021                                                 Ottawa, Ontario                                              … Read moreGovernment of Canada Approves the NOVA Gas Transmission Ltd.  Edson Mainline Expansion Project 

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OPEC told to expect limited U.S. oil output growth, for now

Summary Shale outlook discussed at Tuesday OPEC technical meeting U.S. output growth seen at about 200,000 bpd in 2021 Capital discipline remains focus for shale companies, OPEC told OPEC meets to decide output policy on July 1 LONDON, June 18 (Reuters) – OPEC officials heard from industry experts that U.S. oil output growth will likely … Read moreOPEC told to expect limited U.S. oil output growth, for now

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Canadian regulators say Rocky Mountain coal mine not in public interest

TORONTO, June 17 (Reuters) – Canadian energy regulators said on Thursday a coal mine proposed by a unit of Australian billionaire Gina Rinehart’s Hancock Prospecting Pty Ltd in the Rocky Mountains of Alberta is not in the public interest, dealing a blow to the project. A joint provincial and federal review panel found the significant … Read moreCanadian regulators say Rocky Mountain coal mine not in public interest

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Enbridge Set to Debut in the Sustainability-Linked Bond Market

Jun 17, 2021 (Bloomberg) Enbridge Inc. released a framework for the issuance of sustainability-linked bonds — the first for a North American pipeline company — as it pushes to improve its environmental credentials. The bonds would tie borrowing costs to key performance indicators including reducing carbon emission, increasing the representation of women on its board of … Read moreEnbridge Set to Debut in the Sustainability-Linked Bond Market

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Oil Falls With Commodities Pressured by Fed’s Interest Rate Plan

Jun 18, 2021 (Bloomberg) Oil fell for a second day, dropping toward $70 a barrel in New York, as the Federal Reserve’s plan for interest-rate hikes derailed bets on commodities.West Texas Intermediate futures slipped 1% after the biggest decline in four weeks on Thursday amid a broad selloff in materials from copper to nickel. Investors are … Read moreOil Falls With Commodities Pressured by Fed’s Interest Rate Plan

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China’s Oil Boomtown Braces for Crackdown From Beijing

Jun 18, 2021 (Bloomberg) The future of China’s vast oil-refining industry may hinge on what government investigators find in the small seaside city of Panjin.This little-known energy hub about 300 miles east of Beijing has emerged as the focal point of a probe that industry insiders say could shift the balance of power from the private sector … Read moreChina’s Oil Boomtown Braces for Crackdown From Beijing

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Foreigners Flood Canada’s Stock Market Amid Value Rotation

By Divya Balji Jun 17, 2021 Foreign investors are piling back into Canada’s $3.2 trillion stock market after a pandemic-driven exodus. The nation’s equities are on pace to record the highest foreign inflows since 2017, adding $22.7 billion as of the end of April, according to Bloomberg calculations based on Statistics Canada data. Overseas investors … Read moreForeigners Flood Canada’s Stock Market Amid Value Rotation

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Bezos-Backed Canadian Fusion Startup Picks U.K. to Build First Plant

Jun 16, 2021 (Bloomberg)  A nuclear fusion startup backed by billionaire Jeff Bezos will build its first pilot power plant outside of London, potentially accelerating a new way of generating clean energy.Canada’s General Fusion Inc. is one of about two dozen startups trying to harness the power that makes stars shine. Rather than splitting atoms like in traditional … Read moreBezos-Backed Canadian Fusion Startup Picks U.K. to Build First Plant

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After Blowing $300 Billion, U.S. Shale Is Finally Making Money

Jun 17, 2021 (Bloomberg) Marathon Oil Corp. used to represent everything that was wrong with U.S. shale: enormous debtloads, lavish executive pay and a seeming willingness to spend whatever it took to boost output. The company hemorrhaged money, and the stock plunged 84% from a peak in 2014 through the end of last year.This year, CEO … Read moreAfter Blowing $300 Billion, U.S. Shale Is Finally Making Money

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Bitcoin and Oil & Gas Are Fighting the Same Battle – Koleya Karringten

By Koleya Karringten As someone who chose to build my technology businesses and raised my family in Alberta, it’s almost impossible to feel detached from our oil and gas industry – or not impacted by its vocal critics. As one of the biggest economic drivers in Canada, our petroleum countries have helped make us one … Read moreBitcoin and Oil & Gas Are Fighting the Same Battle – Koleya Karringten

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Schachter’s Eye on Energy: US Domestic Production Rose 200Kb/d to 11.2Mb/d Last Week As Drilling Ramped Up. US Production Could Rise To 12.0Mb/d This Summer.

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 30 energy, energy service and pipeline & infrastructure companies with regular updates. We hold quarterly subscriber webinars and provide Action … Read moreSchachter’s Eye on Energy: US Domestic Production Rose 200Kb/d to 11.2Mb/d Last Week As Drilling Ramped Up. US Production Could Rise To 12.0Mb/d This Summer.

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10 Examples of Canada’s Leadership on Climate Action

Canada’s oil and gas sector already enjoys a world-leading record on Environmental, Social and Governance (ESG) metrics. And just a few days ago, the industry announced another innovative initiative that will continue to cement Canada’s position as a global energy supplier of choice for environmental and climate conscious consumers. The Oil Sands Pathways to Net-Zero … Read more10 Examples of Canada’s Leadership on Climate Action

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Air Products Announces Multi-Billion Dollar Net-Zero Hydrogen Energy Complex in Edmonton, Alberta, Canada

  Media Contact: Art George | +1 610 481 1340 Investor Contact: Simon Moore | +1 610 481 7461 Air Products (NYSE:APD), the world leader in hydrogen production, and its subsidiary Air Products Canada Ltd., in conjunction with the Government of Canada and the Province of Alberta, today announced a multi-billion dollar plan to build a landmark new net-zero … Read moreAir Products Announces Multi-Billion Dollar Net-Zero Hydrogen Energy Complex in Edmonton, Alberta, Canada

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Oil Near $72 as Investors Size Up Fed’s Shift, Lower Stockpiles

Oil-Prices

Jun 17, 2021 (Bloomberg) Oil traded near $72 a barrel as investors weighed signs of a tightening global crude market against the Federal Reserve’s decision to start moving toward an end of its ultra-easy monetary policy.West Texas Intermediate was 0.4% lower, and Brent also fell. On Wednesday, Fed Chairman Jerome Powell said officials would begin talks … Read moreOil Near $72 as Investors Size Up Fed’s Shift, Lower Stockpiles

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Saudis Say Cautious Approach to Restoring OPEC+ Output Paid Off

Jun 16, 2021 (Bloomberg) Saudi Arabia’s cautious approach to reviving OPEC+ oil output has been proved correct, said Energy Minister Prince Abdulaziz bin Salman.After a year of oil market turmoil due to the coronavirus pandemic, fuel consumption is seeing robust growth and the International Energy Agency is calling for the cartel to boost supplies. Yet, in … Read moreSaudis Say Cautious Approach to Restoring OPEC+ Output Paid Off

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Pembina and TC Energy Partner to Create World-Scale Carbon Transportation and Sequestration Solution: The Alberta Carbon Grid

All financial figures are approximate and in Canadian dollars unless otherwise noted June 17, 2021  CALGARY, Alberta, June 17, 2021 (GLOBE NEWSWIRE) — Pembina Pipeline Corporation (“Pembina” or “PPL”) (TSX: PPL; NYSE: PBA) and TC Energy Corporation (“TC Energy”) (TSX, NYSE: TRP) are pleased to share their plan to jointly develop a world-scale carbon transportation … Read morePembina and TC Energy Partner to Create World-Scale Carbon Transportation and Sequestration Solution: The Alberta Carbon Grid

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Noia CEO Statement on the Terra Nova FPSO ALE Agreement in Principle

  (St. John’s, NL – June 16, 2021) Below is a statement from Noia CEO Charlene Johnson on the announcement this evening that an agreement in principle has been reached for the Terra Nova Floating Production Storage and Offloading (FPSO) Asset Life Extension project. “This announcement is long-awaited positive news for our offshore oil and … Read moreNoia CEO Statement on the Terra Nova FPSO ALE Agreement in Principle

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Suncor Energy and Terra Nova co-owners reach Agreement in Principle on Terra Nova Project

June 16, 2021 CALGARY, Alberta, June 16, 2021 (GLOBE NEWSWIRE) — Suncor today advised that the co-owners of the Terra Nova Floating, Production, Storage and Offloading (FPSO) facility and associated Terra Nova Field (“Terra Nova” or “the project”) have reached an agreement in principle to restructure the project ownership and provide short-term funding towards continuing … Read moreSuncor Energy and Terra Nova co-owners reach Agreement in Principle on Terra Nova Project

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N.L.’s troubled Terra Nova offshore oilfield saved by last-minute restructuring

CALGARY — The beleaguered Terra Nova oilfield off the coast of Newfoundland and Labrador could live to pump another day after its owners reached a restructuring agreement in the eleventh hour Wednesday.
The oilfield’s seven owners will shuffle their s…

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Controlling Costs of Maintenance Activity and Materials: A CMMS Will Help Ensure Your Facility’s Survival

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Plants and manufacturing facilities face weighty economic challenges in their operating environments. Even assuming supply chain disruptions and other pandemic-related issues soon abate, the overall operating climate for many companies remains challenging. As upper management weighs the benefits of adopting significant (and costly) improvements such as Industrial Internet of Things (IIoT) technology, they are also … Read moreControlling Costs of Maintenance Activity and Materials: A CMMS Will Help Ensure Your Facility’s Survival

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Scovan Engineering and Matter Global Agree to Partnership to Deliver Renewable Natural Gas Projects in Canada

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Calgary, AB- June 17 2021. Scovan Engineering Inc. (Scovan) and Matter Global Solutions (Matter) have committed to a partnership for the purposes of developing Renewable Natural Gas projects within Canada. In March 2020, The British Columbia Utilities Commission approved a biomethane / Renewable Natural Gas (“RNG”) purchase agreement (to a maximum of $30/GJ) between FortisBC … Read moreScovan Engineering and Matter Global Agree to Partnership to Deliver Renewable Natural Gas Projects in Canada

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WATCH: Manage up to 5x more project locations – Matidor.com

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Keeping track of all of your project locations and activities is hard. You need a way to visualize what is happening and where. The good news is that GIS software is now accessible to your whole team and it all starts with a plan on a map. Built on an intuitive map-based interface, Matidor.com delivers … Read moreWATCH: Manage up to 5x more project locations – Matidor.com

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WATCH: GHG Services 2021 – Techmation Electric & Controls Ltd.

Greenhouse gas emissions, in the form of methane, have been identified by industry, government, and the general public as an environmental issue which must be addressed. Techmation has experienced technicians and is familiar with all aspects of performing methane abatement activities. With our extensive experience in GHG abatement projects, Techmation has become a specialist in … Read moreWATCH: GHG Services 2021 – Techmation Electric & Controls Ltd.

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Helium for High Tech a Growing Canadian opportunity

World-leading resources, oil and gas expertise driving skin in the game By Geoff Geddes Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter An Atlas V rocket with NASA’s Perseverance Mars rover launches from Cape Canaveral Air Force Station in July 2020. NASA is a major helium buyer. Getty Images … Read moreHelium for High Tech a Growing Canadian opportunity

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No Go Joe! U.S. judge blocks Biden from pausing oil and gas lease auctions

(Reuters) – A federal judge in Louisiana on Tuesday blocked the Biden administration’s pause on oil and gas leasing on public lands and waters, dealing a setback to a key White House effort to address climate change. The order granted a preliminary injunction to Louisiana and 12 other states that sued Democratic President Joe Biden … Read moreNo Go Joe! U.S. judge blocks Biden from pausing oil and gas lease auctions

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The Man Who Beat Shell: How an Unknown Lawyer Won Historic Suit

Jun 15, 2021 (Bloomberg) Royal Dutch Shell Plc hired a team of pricey lawyers for its defense against environmental activists in a Dutch court, and lost. A decade-old, $22 book might have upped their chances of winning.“Revolution Justified: Why Only the Law Can Save Us Now,” is no bestseller, ranking in the mid-600,000s in Amazon’s Kindle … Read moreThe Man Who Beat Shell: How an Unknown Lawyer Won Historic Suit

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2021 PSAC STARS and Spurs Gala Campaign raises an outstanding $1 Million in support of STARS

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CALGARY, AB (June 16, 2021) – The Petroleum Services Association of Canada (PSAC) proudly held the last two of three planned 2021 events for its 27th annual STARS & SPURS Gala Campaign, bringing total funds raised since its inception to more than $18 million for the Shock Trauma Air Rescue Society (STARS). This is the longest-running and largest fundraiser in Alberta, on … Read more2021 PSAC STARS and Spurs Gala Campaign raises an outstanding $1 Million in support of STARS

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North American Energy Security and the Minnesota Segment of the Line 3 Replacement Project

Minnesota’s pipeline transportation industry helps fuel jobs, tax revenue and GDP By Lennie Kaplan and Mark Milke Sections of the Enbridge Line 3 pipeline are seen on the construction site in Park Rapids, Minnesota on June 6, 2021. Getty Images photo Download the PDF here Download the charts here Overview A strong American oil and gas industry is a … Read moreNorth American Energy Security and the Minnesota Segment of the Line 3 Replacement Project

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Oil Edges Higher With Market Tightening and Virus Curbs Easing

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Jun 16, 2021 (Bloomberg) Oil crept higher as industry data pointed to a substantial decline in U.S. crude stockpiles and fuel sales in India showed signs of recovering.Inventories dropped by 8.54 million barrels last week, according to people familiar with the American Petroleum Institute’s data. Government data are due later Wednesday. Oil is also being helped … Read moreOil Edges Higher With Market Tightening and Virus Curbs Easing

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Alexis Nakota Sioux Nation acquires 100 per cent ownership of Backwoods Energy Services

June 15, 2021 EDMONTON, Alberta, June 15, 2021 (GLOBE NEWSWIRE) — Alexis Nakota Sioux Nation (ANSN) today announced it has acquired Steel River Group’s interest in Backwoods Energy Services (Backwoods). With this transaction, Backwoods is now fully owned by ANSN and the largest Indigenous community-owned company in northwest Alberta. “This is a great day for … Read moreAlexis Nakota Sioux Nation acquires 100 per cent ownership of Backwoods Energy Services

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Prairie Provident Announces Appointment of Chief Executive Officer

June 15, 2021 CALGARY, Alberta, June 15, 2021 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) announces the appointment of Tony Berthelet as President and Chief Executive Officer. Mr. Berthelet comes to Prairie Provident with more than 23 years of subsurface evaluation, field development, production operations and asset management experience in … Read morePrairie Provident Announces Appointment of Chief Executive Officer

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Birchcliff Energy Ltd. Releases 2020 ESG Report

June 16, 2021 | Source: Birchcliff Energy Ltd. CALGARY, Alberta, June 16, 2021 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce the release of its 2020 ESG Report, which details the Corporation’s environmental, social and governance (“ESG”) activities and performance metrics for the year ended December 31, 2020. Birchcliff … Read moreBirchcliff Energy Ltd. Releases 2020 ESG Report

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First Energy Projects, Now Cancel Culture Wants Canada Day Cancelled: The Mayor of the City of Victoria Agrees – Aaron Gunn

Should Canadians follow the example set by the City of Victoria, and “cancel” their Canada Day celebrations? Or is this still a country, despite its imperfections, we all can, and should, be proud to call home? Here’s my take 👉 Let me know if you agree! SUBSCRIBE: https://www.youtube.com/aarongunnbc​​ JOIN THE FIGHT: https://aarongunn.ca/join/​​​​​​​​ SUPPORT ME: https://aarongunn.ca/contribute/​​​​​​​​ … Read moreFirst Energy Projects, Now Cancel Culture Wants Canada Day Cancelled: The Mayor of the City of Victoria Agrees – Aaron Gunn

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Gemini Fabrication – One of Alberta’s Largest Fabricators and Packagers of Process Equipment

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“A team you can count on. A product you can trust.” Gemini has a built a strong reputation for providing high quality fabrication and module assembly services to the Western Canadian energy sector. Through an all-in commitment from every individual on our team, Gemini is determined to work in partnership to deliver quality products from … Read moreGemini Fabrication – One of Alberta’s Largest Fabricators and Packagers of Process Equipment

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ENERGY INNOVATION MONTH FEATURE: Black Powder Solutions’ Technology assists in reducing methane gas leakage, ESG risks, and OPEX

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Our Technical Article showcases how Black Powder Solutions Magnetic Separators are a pre-emptive strategy to reduce methane gas leakage allowing operators to increase their environmental compliance and extend the life of their existing assets without new major capital investment. Black Powder Solutions’ Technology assists in reducing methane gas leakage, ESG risks, and OPEX SEE THE … Read moreENERGY INNOVATION MONTH FEATURE: Black Powder Solutions’ Technology assists in reducing methane gas leakage, ESG risks, and OPEX

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ENERGY INNOVATION MONTH FEATURE: Oil Pipeline Leak Detection – Advanced Laser System Capable of Revealing Invisible Threats

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Flyscan’s Leak Detection service is able to detect small quantities of hydrocarbon not visible to the human eye from patrol heights. It can also detect leaks below the sensitivity limits of traditional SCADA-based CPM systems. Slow leaks are significant. For example, 0.5% of a 100,000-bbl/day flow means a 500-bbl/day leak. The ability to detect small … Read moreENERGY INNOVATION MONTH FEATURE: Oil Pipeline Leak Detection – Advanced Laser System Capable of Revealing Invisible Threats

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XI Technologies: The role of ARO in evaluating viability

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.  Whether it’s the result of volatile commodity pricing or the natural outcome of … Read moreXI Technologies: The role of ARO in evaluating viability

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Critical Mass Duration for Process Outages

Avoid this Surprise when Determining How Long your Next Process Outage Will Take By: Daniel Evoy Continuous processing or manufacturing facilities will occasionally require planned outages to primarily address reliability or maintenance issues.  Due to the high cost of these outages (opportunity and real), careful planning and scheduling practices are used to come up with … Read moreCritical Mass Duration for Process Outages

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Monitoring CHOPS sites with thermal, sound, and PTZ

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In Western Canada, CHOPS (Cold Heavy Oil Production with Sand) is a common production in heavy oil, especially in locations that produce sand and have high water lift requirements. The large number of these locations, coupled with their unique monitoring needs, encouraged HSI Security to develop a surveillance system for them. With HSI security, our … Read moreMonitoring CHOPS sites with thermal, sound, and PTZ

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CASE STUDY: SF10V Dual Stage Pressure Drop – Sur-Flo Meters & Controls Ltd.

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Sur-Flo control valves are workhorses in industry. The SF10V handles extreme flow rates, delivering precise control with little or no maintenance, year after year. Customers say they just install the SF10V and walk away, confident that the job is done. The result? Rock-bottom total cost of ownership. Our client initially chose the Sur-Flo SF10V valve … Read moreCASE STUDY: SF10V Dual Stage Pressure Drop – Sur-Flo Meters & Controls Ltd.

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Join the webcast – KPMG’s Second Quarter Accounting & Tax Update on June 23, 2021

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The economy is facing renewed optimism with communications of staged reopening conditions this summer, and organizations must again readjust and react to market volatility. At our Second Quarter Accounting & Tax Update, KPMG is committed to helping you navigate the changes to the accounting, regulatory and tax landscapes that are impacting you and your organization. … Read moreJoin the webcast – KPMG’s Second Quarter Accounting & Tax Update on June 23, 2021

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WATCH: Global Energy Show 5×5 – Interview with Lasse Kari, Global Energy Research Lead, Accenture

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Lasse Kari, Global Energy Research Lead from Accenture discusses their inaugural Oil and Gas Reinvention Index research titled Necessity is the Mother of Reinvention. Lasse dives into some of the key findings of how companies are meeting the challenges of the energy transition, how understanding this data can help companies, and the gaps that exist … Read moreWATCH: Global Energy Show 5×5 – Interview with Lasse Kari, Global Energy Research Lead, Accenture

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Leucrotta Exploration Announces Details of Phase I Mica Pad Development and Test in Basal Montney Zone

(MENAFN – Newsfile Corp) Leucrotta Exploration Announces Details of Phase I Mica Pad Development and Test in Basal Montney Zone Calgary, Alberta–(Newsfile Corp. – June 15, 2021) – Leucrotta Exploration Inc. (TSXV: LXE) (“Leucrotta” or the “Company”) is pleased to announce it will commence operations of Phase I of the Mica Pad Development mid-July and should be on production by … Read moreLeucrotta Exploration Announces Details of Phase I Mica Pad Development and Test in Basal Montney Zone

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Global fossil fuel use similar to decade ago in energy mix

The share of fossil fuels in the world’s total energy mix is as high as a decade ago, despite the falling cost of renewables and pressure on governments to act on climate change, a report by green energy policy network REN21 showed on Tuesday. Fossil fuel use has persisted amid rising global energy demand, continued … Read moreGlobal fossil fuel use similar to decade ago in energy mix

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What Oil Companies Can Do to Cut the Demand for Oil

Jun 15, 2021 (Bloomberg) Increasing pressure on major oil companies has forced many to make promises to reduce the extraction of their main fossil fuel. They also warn that the result may not be a reduction in global emissions.“Imagine Shell decided to stop selling petrol and diesel today. This would certainly cut Shell’s carbon emissions,” Chief … Read moreWhat Oil Companies Can Do to Cut the Demand for Oil

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World’s Top Oil Traders See Prices Rising Further on Demand

Jun 15, 2021 (Bloomberg) Crude prices are likely to rise even higher this year due to growing demand, according to two of the world’s largest independent oil traders.Brent crude, the international benchmark, has already reached a two-year high of $73 a barrel in London and could rise to $78 later this year, said Vitol Group Chief … Read moreWorld’s Top Oil Traders See Prices Rising Further on Demand

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Oil Highest Since 2018 as Traders See Prospect of Higher Prices

Jun 15, 2021 (Bloomberg) Oil traded above $71 a barrel as some of the most prominent voices in the market said they expect prices to continue to rise.West Texas Intermediate was 1% higher, earlier touching its highest level intraday since 2018. Despite a bumper rally this year, traders Glencore Plc and Vitol Group still see at … Read moreOil Highest Since 2018 as Traders See Prospect of Higher Prices

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Pembina Highlights Growing Momentum with Business Update and Extensive Opportunity Portfolio

All financial figures are approximate and presented in Canadian dollars unless otherwise noted. This news release refers to adjusted earnings before interest, taxes, depreciation and amortization (“adjusted EBITDA”), which is a financial measure that is not defined by Generally Accepted Accounting Principles (“GAAP”). For more information, see “Non-GAAP Measures” herein. CALGARY, AB, June 14, 2021 /CNW/ – … Read morePembina Highlights Growing Momentum with Business Update and Extensive Opportunity Portfolio

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InPlay Oil Corp. Announces Extension of Credit Facility

June 14, 2021 CALGARY, Alberta, June 14, 2021 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) announces that the maturity date applicable to and redetermination of the borrowing base under the Company’s Senior Credit Facility has been extended from June 14, 2021 to June 30, 2021. A further extension … Read moreInPlay Oil Corp. Announces Extension of Credit Facility

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LeadiD from EnergyNow – Getting the Most from Your LeadiD Report

Getting the Most from Your LeadiD Report Your LeadiD Report helps you to gain valuable insight into who is viewing your published content on EnergyNow, allowing your sales personnel to quickly identify potential prospects that could be turned into sales opportunities. This proprietary software from EnergyNow not only helps strengthen your sales pipeline with qualified … Read moreLeadiD from EnergyNow – Getting the Most from Your LeadiD Report

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N.L. oil workers gather in last-ditch effort to save Terra Nova offshore oilfield

ST. JOHN’S, N.L. — About 100 oil workers gathered outside Newfoundland and Labrador’s legislature this morning, a day before a final decision on the fate of the Terra Nova oilfield is due.
Though provincial politicians and federal Natural Resources Mi…

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Your Next CoWorker Is Probably a Bot – Geoffrey Cann

By Geoffrey Cann Are you wondering what a bot is and whether the bots are gunning for your job? Stop worrying, they’re already here. THE OFFICE BOT A category of digital technology called robotic process automation (or RPA) has arrived with considerable impact in oil and gas. This is a mature technology—these kinds of tools evolved in … Read moreYour Next CoWorker Is Probably a Bot – Geoffrey Cann

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Enbridge’s Line 3 Scores a Key Win as Minnesota Court Affirms Approval

The Minnesota Court of Appeals on Monday affirmed a state regulator’s decision that there is sufficient need for Enbridge Inc’s (ENB.TO) Line 3 oil pipeline replacement, handing the company a major victory in its lengthy battle with environmental opponents. The decision clears another hurdle for the Canadian company’s efforts to replace the aging pipeline that carries … Read moreEnbridge’s Line 3 Scores a Key Win as Minnesota Court Affirms Approval

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Unifor slams government for undermining NL oil and gas sector

JOHN’S, NL, June 11, 2021 /CNW/ – The Newfoundland and Labrador government’s refusal to fulfil its commitment to the Terra Nova project will kill hundreds of good local jobs and undermine the province’s entire oil and gas sector, says Unifor. “The Furey government has betrayed Newfoundland and Labrador’s energy workers,” said Jerry Dias, Unifor National President. “It must live up to its commitments and ensure Terra Nova continues to serve … Read moreUnifor slams government for undermining NL oil and gas sector

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Commentary: The killing of Keystone XL gives other countries an advantage over Canada

Other countries have large oil reserves—and will develop them if Canada does not By Mark Milke and Ven Venkatachalam Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter   Pipelines at the massive Shaybah oil project in the Saudi desert. Photo courtesy of Saudi Aramco Worldwide oil consumption has been on an … Read moreCommentary: The killing of Keystone XL gives other countries an advantage over Canada

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Petro Viking Energy Inc. announces the execution of a binding agreement to acquire 100% of Avila Energy’s interests in West Central Alberta for $50,664,000 and the subsequent name change of the Corporation to Avila Energy

Calgary, Alberta – TheNewswire – June 14, 2021 – Petro Viking Energy Inc. (“ Petro Viking ” or the “ Company ”) (CNSX:VIK.CN) is pleased to announce the proposed asset purchase of 100% of Avila’s interests in 53,835 Acres, 43,935 Acres (Net), of mineral rights, associated wells, pipelines and facilities for the purchase price of $50,664,000 CAD. The Purchase Price for the Acquisition is … Read morePetro Viking Energy Inc. announces the execution of a binding agreement to acquire 100% of Avila Energy’s interests in West Central Alberta for $50,664,000 and the subsequent name change of the Corporation to Avila Energy

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Shell weighs blockbuster sale of Texas shale assets

LONDON/NEW YORK (Reuters) – Royal Dutch Shell is reviewing its holdings in the largest U.S. oil field for a potential sale, people familiar with the matter told Reuters, marking a key moment in its shift away from fossil fuels as it faces growing pressure to slash carbon emissions. The sale could be for part or … Read moreShell weighs blockbuster sale of Texas shale assets

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Oil Rises as Confidence Fades Over Quick Return of Iran Supply

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Jun 14, 2021 (Bloomberg) Oil hit a 32-month high as the rollout of coronavirus vaccines boosted demand expectations for Europe and the U.S., and confidence faded over a quick return of Iranian crude supply.Futures rose 0.9% in New York, building on a run of three weekly gains. Iran’s foreign ministry said Monday there was “very little … Read moreOil Rises as Confidence Fades Over Quick Return of Iran Supply

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WATCH: Buffalo Connect – Innovative Portal That Provides an Unprecedented Level of Transparency Within the NDE Industry

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Buffalo’s electronic reporting system is second to none as no one else has anything like it.  Buffalo CONNECT is an innovative portal providing an unprecedented level of transparency with the NDE industry.  Customers can view work orders and reports, technician certificates, quality manuals, as well as view project spend information in real time in their … Read moreWATCH: Buffalo Connect – Innovative Portal That Provides an Unprecedented Level of Transparency Within the NDE Industry

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Introducing Challenger’s New Calgary Vice President, Mike Fretwell

Challenger Geomatics Ltd

Mike Fretwell is rejoining the Challenger team as the new Vice President, Operations in Calgary. Mike is an ALS and CLS with over 20 years of leadership experience. Earlier in his career, Mike spent 10 years at Challenger Geomatics as a Project Manager leading numerous projects. However, his passion was to start his own business, … Read moreIntroducing Challenger’s New Calgary Vice President, Mike Fretwell

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ICBA Energy Member Feature- Scouten Engineering

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THE SCOUTEN STORY Scouten Engineering is a dynamic consulting civil and structural engineering firm based in Prince George, British Columbia. They provide creative solutions to challenging situations. The Founder, Dave Scouten started Scouten Engineering in 1995, and they’ve been successfully meeting the needs of their clients ever since.  As of March 2020, founder Dave Scouten … Read moreICBA Energy Member Feature- Scouten Engineering

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HYGROPHIL F 5673 Process Trace Moisture Analyzer for Hydrogen Metering and Gas Grid Infeed Plants

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APPLICATION NOTE: The conversion of electric power from renewable sources to Hydrogen is another key technology to decarbonization and seasonal energy storage. Reliable moisture measurement to comply contracted limits and ensure safety Polymer Electrolyte Water Electrolysis (PEM) or Alkaline Water Electrolysis are enhanced principles for decomposing Water to Hydrogen and Oxygen by use of electric … Read moreHYGROPHIL F 5673 Process Trace Moisture Analyzer for Hydrogen Metering and Gas Grid Infeed Plants

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A FEW INNOVATOR SPOTS STILL REMAIN! ALL THIS MONTH – Register Your Company & Showcase Your Innovation! EnergyNow is Featuring the Energy Innovation Month From June 1st to 30th, 2021: Details HERE:

EnergyNow is featuring the Energy Innovation Month from June 1st to 30th, 2021 Energy Innovation Month is a month-long promotional campaign that will feature some of the latest and greatest innovation, technology, and research from experts across the energy sector. Be a leading innovative company and share your energy innovation or emerging technologies to our … Read moreA FEW INNOVATOR SPOTS STILL REMAIN! ALL THIS MONTH – Register Your Company & Showcase Your Innovation! EnergyNow is Featuring the Energy Innovation Month From June 1st to 30th, 2021: Details HERE:

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Minnesotans stand up for Line 3 as protestors try to obstruct construction

‘Lawmakers and citizens alike should be celebrating Enbridge and its incredible investment’ By Brittany Elves Construction on the Line 3 Replacement Project is roughly 60 per cent complete. Photo courtesy Enbridge Local community and business leaders are asserting their continued support for Enbridge’s Line 3 replacement project as protestors try to block pipeline construction in the … Read moreMinnesotans stand up for Line 3 as protestors try to obstruct construction

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Canada to Reject Future Thermal Coal Mining Projects

(Bloomberg) The Canadian government will no longer approve thermal-coal mining projects because of their contribution to the climate crisis.“New thermal coal mining projects or expansions are not in line with the ambition Canadians want to see on climate, or with Canada’s domestic and international climate commitments,” Environment Minister Jonathan Wilkinson said in a statement as Group of Seven leaders gather … Read moreCanada to Reject Future Thermal Coal Mining Projects

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OPEC+ complies with 115% of agreed oil curbs in May

OPEC and its allies maintained strong compliance with agreed oil output targets in May, when the first part of a gradual production increase took effect, according to figures given by an OPEC+ source on Friday. The Organization of the Petroleum Exporting Countries and allies, known as OPEC+, complied with 115% of agreed output curbs in May, the … Read moreOPEC+ complies with 115% of agreed oil curbs in May

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G-7 Drops Aim to Shift New Car Sales Away from Oil By 2030

(Bloomberg) Group of Seven nations backed away from plans to set a target for making sure most new cars sold are greener vehicles, instead pledging only speed up efforts to move away from combustion engines.In the final communique Sunday, the bloc include an autos section that was far more modest than earlier versions being discussed. … Read moreG-7 Drops Aim to Shift New Car Sales Away from Oil By 2030

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Oil Rises for Third Week With IEA Flagging Need for More Crude

Jun 11, 2021 (Bloomberg) Oil posted its third straight weekly rise on improving demand, with the International Energy Agency warning the market will need extra supply next year. Futures in New York rose 1.9% this week, extending its rally to the highest settle since October 2018. The IEA said that OPEC and its allies will need … Read moreOil Rises for Third Week With IEA Flagging Need for More Crude

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Keystone-Quashing Activists Demand Biden Block Other Pipelines

Jun 11, 2021 (Bloomberg) Environmentalists emboldened by this week’s defeat of Keystone XL are pressuring President Joe Biden to revoke permits for other oil and gas pipelines, warning their votes depend on the administration blocking fossil fuel infrastructure.“If you need and want us — as I know the Biden team does — to come out … Read moreKeystone-Quashing Activists Demand Biden Block Other Pipelines

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A Matter of Fact: Oil and gas jobs deliver high value for Canada – Deborah Jaremko

Workforce provides an outsized contribution to national finances By Deborah Jaremko Photo courtesy Ensign Drilling There is a false narrative being circulated by anti-oil and gas groups that because Canada’s oil and gas workforce represents a relatively small portion of the population, these jobs aren’t significant to the Canadian economy and can be easily transferred to … Read moreA Matter of Fact: Oil and gas jobs deliver high value for Canada – Deborah Jaremko

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Independent Analysis Shows Substantive Economic Impact of Terra Nova Project

 (St. John’s, NL – June 11, 2021) With the Suncor Energy deadline of June 15, 2021 quickly approaching for a decision on the asset life extension (ALE) project or abandonment of the Terra Nova FPSO, Noia has undertaken an analysis of the financial benefits of the Terra Nova project. Noia engaged Jupia Consultants, led by … Read moreIndependent Analysis Shows Substantive Economic Impact of Terra Nova Project

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U.S. drillers add oil and gas rigs for sixth week in seven – Baker Hughes

(Reuters) – U.S. energy firms added oil and natural gas rigs for the sixth time in seven weeks as oil prices rose to their highest since 2018, although gas drillers have slowed down their activity. The oil and gas rig count, an early indicator of future output, rose five to 461 in the week to … Read moreU.S. drillers add oil and gas rigs for sixth week in seven – Baker Hughes

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Waterous Energy Fund announces the amalgamation of Strathcona Resources Ltd. and Osum Oil Sands Corp. and the closing of a new C$1.0 billion covenant-based credit facility

Jun 11, 2021 Transaction creates the largest private equity-owned oil producer in North America, with ~1.7 BnBoe of 2P reserves, ~80,000 Boe / d of production, and a ~60-year reserve life Financing marks the first new covenant-based loan issued to a Canadian oil and gas producer since 2018 and the first ever for a private exploration and … Read moreWaterous Energy Fund announces the amalgamation of Strathcona Resources Ltd. and Osum Oil Sands Corp. and the closing of a new C$1.0 billion covenant-based credit facility

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Tourmaline Continues North Montney Consolidation with the Acquisition of Black Swan Energy

CALGARY, AB, June 11, 2021 /CNW/ – Tourmaline Oil Corp. (TSX: TOU) (“Tourmaline” or the “Company”) is pleased to announce that it has entered into a definitive agreement to acquire privately owned Black Swan Energy Ltd. (“Black Swan”) for a total consideration of approximately $1.1 billion Cdn, consisting of 26 million Tourmaline common shares and the assumption of net … Read moreTourmaline Continues North Montney Consolidation with the Acquisition of Black Swan Energy

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LNG market poised for buoyant recovery with demand growing across Asia

Liquefied natural gas (LNG) prices are poised for more gains as gas-hungry China guzzles cargoes to feed a rebound in economic growth while the easing of coronavirus-induced restrictions restores industrial demand in India. Higher oil and coal prices have also helped lift global gas prices with spot Asian LNG prices doubling in just three months. … Read moreLNG market poised for buoyant recovery with demand growing across Asia

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Oil rally has more room to run, Brent expected to hit $80/bbl – Goldman

Reuters U.S. investment bank Goldman Sachs expects Brent crude prices to reach $80 per barrel this summer, betting that a recent oil market rally will continue as vaccination rollouts boost global economic activity and demand for the commodity. Brent prices hit $72.93 per barrel this week, their highest level in over two years, fuelled by … Read moreOil rally has more room to run, Brent expected to hit $80/bbl – Goldman

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Brookfield Challenges C$350 Million Breakup Fee on Inter Pipeline Deal

Jun 10, 2021 (Bloomberg) Brookfield Infrastructure Partners LP urged regulators to nullify a C$350 million ($289 million) termination fee attached to Pembina Pipeline Corp.’s takeover of Inter Pipeline Ltd. that would kick in if Brookfield manages to kill the deal. The breakup fee “threatens to enrich Pembina” at the expense of Inter’s shareholders, Brookfield said in … Read moreBrookfield Challenges C$350 Million Breakup Fee on Inter Pipeline Deal

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Norway Sticks to Guns on Oil Even While Boosting Green Energy

By Lars Erik Taraldsen Jun 11, 2021 (Bloomberg) Norway, Western Europe’s biggest oil producing nation, plans to expand its green energy industry and strengthen its power grid, but isn’t willing to budge when it comes to exploiting its oil and gas resources.Petroleum and Energy Minister Tina Bru today presented the government’s white paper on energy resources, … Read moreNorway Sticks to Guns on Oil Even While Boosting Green Energy

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Global Oil Demand to Hit Pre-Virus Level Next Year, IEA Says

Jun 11, 2021 (Bloomberg) Global oil demand will recover to pre-pandemic levels late next year, the International Energy Agency predicted, urging OPEC and its allies to keep markets balanced by tapping their plentiful spare production capacity.World consumption will once again reach 100 million barrels a day in the second half of 2022 as developed economies bring … Read moreGlobal Oil Demand to Hit Pre-Virus Level Next Year, IEA Says

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Oil Poised for Third Weekly Gain as IEA Sees Need for More Crude

By Saket Sundria and Alex Longley Jun 11, 2021 (Bloomberg) Oil headed for a third straight weekly gain on signs of an improving demand outlook, with the International Energy Agency warning that the market will need extra supply next year.Futures in New York have bounced around the $70-a-barrel mark this week, closing Thursday at the highest … Read moreOil Poised for Third Weekly Gain as IEA Sees Need for More Crude

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Replacing Fossil Fuels Must Be About Physics and Economics, Not Politics – David Yager

By David Yager When it comes to climate change, the new mission for mankind is “net zero by 2050”. It is easy to say, hard to forget, highly symbolic, morally powerful, and far enough into the future that everyone who commits to it today will be spared having to report about how much progress they … Read moreReplacing Fossil Fuels Must Be About Physics and Economics, Not Politics – David Yager

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WATCH: Liberty Oilfield Services CEO Chris Wright sends a “Thank You” to North Face Outdoor Company

Meet CEO Liberty Oilfield Services’ CEO Chris Wright. Chris has  been making a lot of noise with a new “Thank You, North Face” billboard and video campaign. Check it out here. Once again we’re seeing that if someone actually makes a proud moral argument for fossil fuels, people will listen–and the other side has nothing … Read moreWATCH: Liberty Oilfield Services CEO Chris Wright sends a “Thank You” to North Face Outdoor Company

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Enbridge Expands Natural Gas Access to Ontario Communities

CALGARY, AB, June 9, 2021 /PRNewswire/ – Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) announced today that in collaboration with the Government of Ontario it is expanding natural gas access to rural, northern and Indigenous communities in Ontario, Canada. Enbridge will access Ontario’s Natural Gas Expansion Program to support 27 projects to expand natural gas access across the province, helping to … Read moreEnbridge Expands Natural Gas Access to Ontario Communities

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Alberta finance minister defends $1.3B loss on Keystone XL as ‘calculated decision’

EDMONTON — Alberta’s finance minister says the province’s $1.3-billion investment of taxpayers’ money in the now-defunct Keystone XL oil pipeline project was a prudent gamble given the potential payoff in profits and jobs.
“We did commit to delivering…

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Despite uncertainties, OPEC sticks to forecast of oil demand surge in second half

OPEC stuck to its prediction of a strong world oil demand recovery in 2021 led by the United States and China despite uncertainties stemming from the pandemic, pointing to a need for more oil from the producer group. In a monthly report on Thursday, the Organization of the Petroleum Exporting Countries said demand would rise … Read moreDespite uncertainties, OPEC sticks to forecast of oil demand surge in second half

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Inter Pipeline Reconfirms Support for Strategic Combination with Pembina; Rejection of Revised Brookfield Offer

Inter Pipeline Reconfirms Support for Strategic Combination with Pembina; Rejection of Revised Brookfield Offer CALGARY, AB, June 10, 2021 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline” or the “Company”) (TSX: IPL) today reconfirms that the Board of Directors (the “Board”) unanimously recommends that Shareholders support the strategic share-exchange transaction with Pembina Pipeline Corporation (“Pembina”) and reject the revised hostile … Read moreInter Pipeline Reconfirms Support for Strategic Combination with Pembina; Rejection of Revised Brookfield Offer

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Worldwide Oil Reserves and Investments: Key facts – Ven Venkatachalam and Mark Milke

If oil producers in North America are pushed to curtail development, other nations will continue to meet growing global demand By Ven Venkatachalam and Mark Milke Drivers pass next to by a small square with an oil pump in one of the access roads to the Central University of Venezuela, in Caracas on July 14, 2020. Getty Images … Read moreWorldwide Oil Reserves and Investments: Key facts – Ven Venkatachalam and Mark Milke

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Norway’s Conflict: The World’s Electric-Car Capital Is Having Nasty Fights Over Oil

Jun 10, 2021 (Bloomberg) In one of the greenest cities in the world, where electric cars abound and almost all carbon emissions will be eliminated within a decade, the debate about climate change is so poisonous that the police are investigating violent threats against one of its top officials.Lan Marie Nguyen Berg, the Green Party politician who’s a … Read moreNorway’s Conflict: The World’s Electric-Car Capital Is Having Nasty Fights Over Oil

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Oil Holds Steady After U.S. Build as Focus Turns to Inflation

Jun 10, 2021 (Bloomberg) Oil erased losses as traders awaited inflation data, after an increase in U.S. fuel stockpiles brought crude’s rally to a halt.Futures in New York held steady after earlier dropping 1%. In the U.S., inflation figures due later Thursday may give clues about the path of monetary policy. Data on Wednesday showed gasoline … Read moreOil Holds Steady After U.S. Build as Focus Turns to Inflation

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G-7 Eyes Ambitious Shift to Electric Cars and Away From Oil

Jun 10, 2021 (Bloomberg) Group of Seven leaders are discussing ambitious plans to shift the balance of car buying away from gasoline to greener vehicles by the end of the decade, as part of a package of measures to combat climate change.Under one proposal contained in a document seen by Bloomberg, G-7 governments would “strive” to … Read moreG-7 Eyes Ambitious Shift to Electric Cars and Away From Oil

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Schachter’s Eye on Energy: MEME Investors Move Into Oil Buying US$100 Call Options. Option Holdings Rise Five Times In Recent Weeks To 100Mb.

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 30 energy, energy service and pipeline & infrastructure companies with regular updates. We hold quarterly subscriber webinars and provide Action … Read moreSchachter’s Eye on Energy: MEME Investors Move Into Oil Buying US$100 Call Options. Option Holdings Rise Five Times In Recent Weeks To 100Mb.

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Keystone XL pipeline project cancelled by TC Energy after over a decade of delays

CALGARY — TC Energy Corp. is walking away from the Keystone XL pipeline project, ending a decade-plus battle that pitted the energy industry against environmentalists as oilsands producers sought to export Canadian crude.
Construction on the pipeline …

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ENERGY INNOVATION MONTH FEATURE: Digitalization creates collaboration and efficiency throughout the Supply Chain

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Challenge: Every day multiple suppliers appear on sites delivering various equipment and services needed to maintain operations and support major projects. One late delivery can delay an entire operation with significant cost consequences. Turnarounds pose an even greater challenge. Therefore, it is critical that suppliers know what and when deliveries are required, and that producers … Read moreENERGY INNOVATION MONTH FEATURE: Digitalization creates collaboration and efficiency throughout the Supply Chain

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FEWER FRACS = INCREASED PRODUCTION: ENGINEERED COMPLETION VERSUS GEOMETRIC COMPLETION

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When a reservoir is fracked geometrically (even spaced fracs) the entire horizontal section is stimulated, both good and poor quality rock. Through the use of geomechanical/reservoir property logs, those non-productive fracs can be eliminated or the frac moved to a more favorable position in the reservoir. Rocsol Technologies software can generate a complete set of … Read moreFEWER FRACS = INCREASED PRODUCTION: ENGINEERED COMPLETION VERSUS GEOMETRIC COMPLETION

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New CER report explores Canada’s oil and gas pipeline system

CALGARY, Alberta, June 09, 2021 (GLOBE NEWSWIRE) — Today, the Canada Energy Regulator (CER) released a report explaining the economics and market dynamics for the more than 73,000 kilometres of pipelines it regulates. The report, Canada’s Pipeline System 2021: Economics of CER-Regulated Infrastructure, provides data and trends on the movement of energy between Canada, the United … Read moreNew CER report explores Canada’s oil and gas pipeline system

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TC Energy confirms termination of Keystone XL Pipeline Project

Focus remains on continuing to meet the evolving energy demand today and in the future June 09, 2021  CALGARY, Alberta, June 09, 2021 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) confirmed today that after a comprehensive review of its options, and in consultation with its partner, the Government … Read moreTC Energy confirms termination of Keystone XL Pipeline Project

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Global supply chain squeeze, soaring costs threaten solar energy boom

Global solar power developers are slowing down project installations because of a surge in costs for components, labor, and freight as the world economy bounces back from the coronavirus pandemic, according to industry executives and analysts interviewed by Reuters. The situation suggests slower growth for the zero-emissions solar energy industry at a time world governments … Read moreGlobal supply chain squeeze, soaring costs threaten solar energy boom

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Exxon’s board shakeup could force review of billions of dollars in spending

The recent overhaul of Exxon Mobil Corp’s (XOM.N) board of directors could shift billions of dollars in spending and strategy over several years, but any changes likely will take time, analysts and investors say. A quarter of directors last month lost their seats to outsiders read more , and the March appointment of activist Jeff Ubben puts a … Read moreExxon’s board shakeup could force review of billions of dollars in spending

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Canada’s largest oil sands producers announce unprecedented alliance to achieve net zero greenhouse gas emissions

June 09, 2021  CALGARY, Alberta, June 09, 2021 (GLOBE NEWSWIRE) — Canadian Natural Resources, Cenovus Energy, Imperial, MEG Energy and Suncor Energy formally announced today the Oil Sands Pathways to Net Zero initiative. These companies operate approximately 90% of Canada’s oil sands production. The goal of this unique alliance, working collectively with the federal and … Read moreCanada’s largest oil sands producers announce unprecedented alliance to achieve net zero greenhouse gas emissions

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XI Technologies: Pembina/Cardium Drilling Overview

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 March, we published an overview of the Pembina play focusing on ownership, … Read moreXI Technologies: Pembina/Cardium Drilling Overview

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Why Doesn’t a Great Maintenance Process Equal Great Results? (Part 2) – Becht

By: Charles Maier In Part 1 we observed that some of the best results come from organizations with poor maintenance work processes and some organizations with a great work process have poor results.  It was also noted that the maintenance work process itself only accounts for 10% to 20% of the total maintenance value.  In … Read moreWhy Doesn’t a Great Maintenance Process Equal Great Results? (Part 2) – Becht

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ITS TIME TO SEE YOUR STAFF AND CLIENTS AGAIN…CALGARY STYLE

EventWorx Corporation Logo - Feature

GIDDY UP! It is time to party! It’s been too long we’ve got together with staff and our customers – that all changes this summer. In anticipation of the Province of Alberta lifting COVID-19 restrictions before the end of June, EventWorx Corporation is getting ready to celebrate the return of the Calgary Stampede. Together with … Read moreITS TIME TO SEE YOUR STAFF AND CLIENTS AGAIN…CALGARY STYLE

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GeoVerra Wins ASET’s Outstanding Supportive Employer of the Year Award

GeoVerra_RGB

GeoVerra is proud to announce that they have been selected as a recipient of the 2021 ASET Outstanding Supportive Employer of the Year Award. Chief Executive Officer John Nielsen comments, “To be chosen for an award after less than a year of being in operation is fantastic and an achievement we are incredibly proud of. We … Read moreGeoVerra Wins ASET’s Outstanding Supportive Employer of the Year Award

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Leading Companies are Harnessing Public Datasets to Improve Corporate Intelligence, Unlocking a Competitive Advantage.

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The sheer abundance of internal and public information and a lack of familiarity with next-generation data analytics tools can be an overwhelming challenge for many organizations. Corporate decision makers are often relying on incomplete information, with public datasets often being too difficult to incorporate meaningfully into their own corporate datasets. Achieving this is at the … Read moreLeading Companies are Harnessing Public Datasets to Improve Corporate Intelligence, Unlocking a Competitive Advantage.

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WATCH: Global Energy Show 5×5 – Trends Edition with Carol Howes, Vice President, PetroLMI

GES_Global Energy Show_Feature_Logo_2021

Carol Howes, Vice President, PetroLMI discusses the top 5 trends in the oil and gas workforce, including getting workers back to work, natural gas and LNG development, and how innovation is changing the industry. To learn more about the Global Energy Show, or to register, please visit: www.globalenergyshow.com or see more interviews at anchor.fm/globalenergyshow

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

Together, Cadeon and Darktrace Can Help Your Company Mitigate the Risk and Stress of Mergers & Acquisitions

Cadeon Feature Logo 400x270

Cadeon is proud to be partnered with Darktrace the leader in cyber defence technology, in order to enable our clients to have that critical component to data security in both Canada and the United States. Darktrace’s self-learning technology can help to detect otherwise unknown cyber threats within the network in real-time, which combined with Cadeon’s … Read moreTogether, Cadeon and Darktrace Can Help Your Company Mitigate the Risk and Stress of Mergers & Acquisitions

New SHOWCASE Directory Companies

 

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

CASE STUDY: Facility Purging with Nitrogen – STEP Engineered Nitrogen Services

Step Energy Services Feature

The safe purging of gas processing facilities, out of service and back to service, requires thorough consideration of key variables. Attention must be given to worker safety, the type and characteristics of hydrocarbon residing in the facility, process configuration and venting, metallurgical and materials limits. STEP Energy Services (STEP) was recently engaged to provide critical … Read moreCASE STUDY: Facility Purging with Nitrogen – STEP Engineered Nitrogen Services

New SHOWCASE Directory Companies

 

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

Seven New Cleantech Advancements in Canadian Oil and Gas

Companies large and small moving ahead with projects to reduce emissions By Deborah Jaremko Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Representatives from Enbridge, Walker Industries, Comcor Environmental and the Government of Ontario mark the groundbreaking for the largest renewable natural gas plant in the province in October … Read moreSeven New Cleantech Advancements in Canadian Oil and Gas

New SHOWCASE Directory Companies

 

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

Pembina Pipeline to buy 50% stake in Canada’s proposed Cedar LNG

(Reuters) – Pembina Pipeline Corp said on Tuesday it would buy a 50% stake in Canada’s proposed Cedar LNG Project to develop the floating liquefied natural gas facility in British Columbia in partnership with indigenous group, The Haisla Nation. Pembina expects to invest about $90 million into Cedar LNG over the next 24 months, including … Read morePembina Pipeline to buy 50% stake in Canada’s proposed Cedar LNG

New SHOWCASE Directory Companies

 

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

Oil Extends Gains With Iran Sanctions Unresolved, Higher Demand

Jun 9, 2021 (Bloomberg) Crude extended gains after an industry report showed another draw in U.S. crude inventories, while Iran said a deal to end sanctions on its oil sector remained elusive.Futures in New York rose 0.5% after settling above $70 a barrel on Tuesday for the first time since October 2018. There’s no conclusive agreement to lift … Read moreOil Extends Gains With Iran Sanctions Unresolved, Higher Demand

New SHOWCASE Directory Companies

 

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

Topaz Energy Corp. Closes Previously Announced Equity Financing Including Exercise in Full of Over-Allotment Option

Topaz Energy Corp. Closes Previously Announced Equity Financing Including Exercise in Full of Over-Allotment Option /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ CALGARY, AB, June 8, 2021 /CNW/ – Topaz Energy Corp. (TSX: TPZ) (“Topaz” or the “Company”) is pleased to announce it has completed its previously announced $175.0 million bought deal equity financing … Read moreTopaz Energy Corp. Closes Previously Announced Equity Financing Including Exercise in Full of Over-Allotment Option

New SHOWCASE Directory Companies

 

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

Perisson Announces an Increase in Its Working Interests for Its Twining Property and Completion of Debenture Financings

CALGARY, AB / ACCESSWIRE / June 8, 2021 / Perisson Petroleum Corp. (the ‘Company‘ or ‘Perisson‘) (TSXV:POG) is pleased to announce that it has exercised several right of first refusal options (the ‘ROFR Interest‘), resulting from the sale of property in the area by a working interest partner. The closing of the sale is scheduled for … Read morePerisson Announces an Increase in Its Working Interests for Its Twining Property and Completion of Debenture Financings

New SHOWCASE Directory Companies

 

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