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Union head arrested in lockout at Canada’s Co-op Refinery

January 21, 2020 Reuters Police on Monday arrested the leader of Canada’s largest private sector union and six others who joined workers blockading the Co-op Refinery in Regina, Saskatchewan, raising tensions in a six-week old industrial dispute. Federated Cooperatives Ltd (FCL), which owns and operates the refinery, locked out 800 workers on Dec. 5 in a … Read moreUnion head arrested in lockout at Canada’s Co-op Refinery

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Startup Grind Announcement: TC Energy CIO to speak on Jan 29!

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We are excited to announce the final speaker for our January 29th event. Following the theme of focusing on enterprise sales, we have the senior technologist at one of the biggest enterprises in Canada speaking! Chris Foster, Vice-President, Information Services and Chief Information Officer, TC Energy What do innovative companies need to think about when … Read moreStartup Grind Announcement: TC Energy CIO to speak on Jan 29!

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B.C. and Alberta Indigenous Leaders Demonstrate Against Major Oilsands Project

January 20, 2020 The Canadian Press A truck hauls a load at Teck Resources Coal Mountain operation near Sparwood, B.C. in a handout photo VANCOUVER – Indigenous leaders from British Columbia and Alberta who oppose Teck’s Frontier mine say its impact will be felt by First Nations well beyond the site of the massive oilsands … Read moreB.C. and Alberta Indigenous Leaders Demonstrate Against Major Oilsands Project

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Baytex Announces 2019 Year End Reserves and Preliminary Financial and Operating Results

January 20, 2020 Globe Newswire CALGARY – Baytex Energy Corp. (“Baytex”)(TSX, NYSE: BTE) announces its year-end 2019 reserves and 2019 fourth quarter and year-end preliminary unaudited financial and operating results (all amounts are in Canadian dollars unless otherwise noted). “Our production in 2019 exceeded the high end of our annual guidance with outstanding capital efficiencies in … Read moreBaytex Announces 2019 Year End Reserves and Preliminary Financial and Operating Results

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Enerplus Announces 2020 Guidance and Outlook through 2022 – Highlights HERE

January 20, 2020 CNW CALGARY – Enerplus Corporation (“Enerplus” or the “Company”) (TSX & NYSE: ERF) today announced its 2020 exploration and development capital budget of $520 to $570 million and outlook through 2022. “We remain focused on creating value for shareholders through a combination of sustainable, high return production per share growth, free cash flow generation and low financial leverage,” … Read moreEnerplus Announces 2020 Guidance and Outlook through 2022 – Highlights HERE

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Calls for dialogue as Coastal GasLink pipeline polarizes some in northern British Columbia

January 20, 2020 The Canadian Press Coastal GasLink Pipeline project construction HOUSTON, B.C. – A natural gas pipeline project has polarized many communities across northern British Columbia in a dispute a Wet’suwet’en elder says he hopes will be resolved through dialogue. Russell Tiljoe, 83, has long-established ties with the First Nation whose hereditary clan chiefs say … Read moreCalls for dialogue as Coastal GasLink pipeline polarizes some in northern British Columbia

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Crescent Point Closes Sale of Gas Infrastructure Assets

January 20, 2020 CNW CALGARY, Jan. 20, 2020 /CNW/ – Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX and NYSE: CPG) is pleased to announce that it has successfully closed the previously announced sale of certain associated gas infrastructure assets (the “Assets”) in Saskatchewan for total cash consideration of $500 million. The Assets sold as part of this transaction … Read moreCrescent Point Closes Sale of Gas Infrastructure Assets

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Locked-out workers block entrances to Canada’s Co-op Refinery

January 20, 2020 Reuters Locked-out workers at the Co-op Refinery in Regina, Saskatchewan blockaded the facility on Monday, halting the movement of workers and trucks, the union and owner said. Federated Cooperatives Ltd (FCL), which owns and operates the refinery, locked out 800 workers on Dec. 5 in a dispute over pensions, but has kept western … Read moreLocked-out workers block entrances to Canada’s Co-op Refinery

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International Petroleum Corp. Announces Acquisition of Light Oil Assets in Southern Alberta

January 20, 2020| Source: International Petroleum Corporation International Petroleum Corp. (“IPC”) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that it has entered into an agreement to acquire Granite Oil Corp. (“Granite”) (TSX: GXO) for total equity and debt consideration of approximately USD 59 million (CAD 77.2 million) (the “Acquisition”). The Acquisition includes total proved plus … Read moreInternational Petroleum Corp. Announces Acquisition of Light Oil Assets in Southern Alberta

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Granite Oil Corp. Agrees to Sale to International Petroleum Corporation For $0.95 Cash Per Share

Granite Oil Corp. Agrees to Sale to International Petroleum Corporation For $0.95 Cash Per Share January 20, 2020 02:00 ET | Source: Granite Oil Corp. CALGARY, Alberta, Jan. 20, 2020 (GLOBE NEWSWIRE) — GRANITE OIL CORP. (“Granite” or the “Company”) (TSX: GXO)(OTCQX:GXOCF) is pleased to announce that it has entered into an arrangement agreement (the “Agreement”) with … Read moreGranite Oil Corp. Agrees to Sale to International Petroleum Corporation For $0.95 Cash Per Share

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Pipestone Energy Corp. Announces Unplanned Outage at the Keyera Wapiti Gas Plant

January 20, 2020 07:00 ET | Source: Pipestone Energy Corp. CALGARY, Alberta, Jan. 20, 2020 (GLOBE NEWSWIRE) — (PIPE – TSX-V) Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) was notified by Keyera Corp. (“Keyera”) on January 17, 2020 of an electrical failure within the Keyera Wapiti Gas Plant (“Keyera Plant”). This failure has resulted in an unplanned outage. … Read morePipestone Energy Corp. Announces Unplanned Outage at the Keyera Wapiti Gas Plant

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Five Things  to Know in World Business Today

By Sybilla Gross Jan 19, 2020 (Bloomberg)  Hong Kong’s leaders rebuff a key demand from the protesters, the U.S.-China trade deal is Trump’s impeachment hedge and world leaders in Berlin are working towards a Libyan cease-fire. Here are some of the things people in markets are talking about today. Hong Kong Violence Over the weekend, Hong Kong … Read moreFive Things  to Know in World Business Today

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Oil Advances to One-Week High as Unrest Hits Iraq and Libya

By Grant Smith and Alex Longley  Jan 20, 2020 (Bloomberg) Oil rose to a more than one-week high in London as supply disruptions in Iraq and Libya reignited concerns over the market’s vulnerability to geopolitical risk in key production regions.Brent futures increased to more than $65 a barrel after Libya’s oil production almost ground to a halt as … Read moreOil Advances to One-Week High as Unrest Hits Iraq and Libya

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2020 PetroLMI Workforce Trends Survey – For Oil & Gas Employers – We’d Like to Hear From You!

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If you’re an oil and gas employer who cares about the industry’s labour market issues – we want to hear from you! Each year, the Workforce Trends Survey conducted by PetroLMI allows organizations in the oil and gas industry to share important information about hiring challenges and specific workforce needs. The more respondents the survey … Read more2020 PetroLMI Workforce Trends Survey – For Oil & Gas Employers – We’d Like to Hear From You!

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How Process Analyzers are Utilised for Blending Applications -Westech

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In order to economically run the processes in modern refineries, the installation of process analyzers is required to continuously provide reliable measurement results within the shortest time. These measurement results represent the actual process status and are the basis for any kind of process control and optimization. Process analyzers Process analyzers have been integral part … Read moreHow Process Analyzers are Utilised for Blending Applications -Westech

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Continued Growth in the U.S. for G&B Portable Fabric Buildings

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100×144 ClearSpan Structure constructed on concrete blocks G&B Portable Fabric Buildings is excited about our continued expansion into the United States. As the company has grown, the additional expansion offers new and innovative solutions for building storage and warehousing in the gulf coast states such as Texas, Louisiana, Mississippi, Alabama, and Florida. G&B; Now serving … Read moreContinued Growth in the U.S. for G&B Portable Fabric Buildings

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COMING to CALGARY JANUARY 31st! – The Hon. Pierre Poilievre – Unleashing our Economy – Rewarding Energy Workers and Businesses: – a PJVA Event – Details HERE

The Petroleum Joint Venture Association is pleased to announce that the Hon. Pierre Poilievre MP will be the guest speaker at the PJVA Breakfast Jan 31st at The Calgary Petroleum Club. Topic: “Unleashing our Economy: Rewarding Energy Workers and Businesses” Mr. Poilievre was born and raised in Calgary. He is a five-term Member of Parliament … Read moreCOMING to CALGARY JANUARY 31st! – The Hon. Pierre Poilievre – Unleashing our Economy – Rewarding Energy Workers and Businesses: – a PJVA Event – Details HERE

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WEBINAR: Oilfield Services – From Field to Finance – Aimsio January 27, 2020

A guide to using software to manage your field activities. REGISTER NOW Discover How to replace paper field tickets, LEMs, and forms with tablets Learn How to shorten the number of days it takes to create and send invoices See The software in action and ask questions about how you can benefit from using it … Read moreWEBINAR: Oilfield Services – From Field to Finance – Aimsio January 27, 2020

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Plan for Methane Compliance with Acero Engineering

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Recently, the only thing changing faster than the climate appears to be the rules and regulations pertaining to the same.  While Canada has always been at the forefront of prudent environmental and regulatory stewardship, even so, there is always room for improvement.  Methane Reduction requirements are now in effect Jan 2020. The requirements focus on … Read morePlan for Methane Compliance with Acero Engineering

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Best Practices in Advanced Data Science: Lessons for the Oil and Gas Industry – L.E.K.

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Many oil and gas executives are concerned that their industry is behind in the race to apply advanced data science — including machine learning and artificial intelligence (AI) — to its most critical problems. This is understandable considering the complexity of the sector’s challenges. First, the cost of failure for oil and gas is significant, … Read moreBest Practices in Advanced Data Science: Lessons for the Oil and Gas Industry – L.E.K.

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Alberta court approves Encana reorganization, paving way for change this week

The Canadian Press CALGARY – Encana Corp. says an Alberta court has approved the oil and gas company’s reorganization that will see it move its headquarters to Denver from Calgary and change its name to Ovintiv Inc. The decision by the Court of Queen’s Bench of Alberta follows Tuesday’s vote that saw 90 per cent … Read moreAlberta court approves Encana reorganization, paving way for change this week

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Repeat After Me: Canada is Uninhabitable Without Fossil Fuels – David Yager

By David Yager  EnergyNow.ca  If you remained in Alberta during the first major cold snap of the year and are alive to read this article, you owe your continued existence to fossil fuels; coal, oil and natural gas. Using Red Deer as an example, from January 12 to 18 the average daytime high was -25.9oC … Read moreRepeat After Me: Canada is Uninhabitable Without Fossil Fuels – David Yager

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The Important Role of Canada’s Energy Industry in Davos, Switzerland this Week – CEC

Updated by Grady Semmens  Published by Canadian Energy Centre  Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Davos, Switzerland. Climate activists will be attending the World Economic Forum’s annual gathering in Davos, Switzerland Jan. 21-24 to pressure financial leaders to immediately abandon the fossil fuel economy. As one of the world’s top … Read moreThe Important Role of Canada’s Energy Industry in Davos, Switzerland this Week – CEC

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Canada Weekly Rig Count Up 41 to 244 for Week Ending January 17, 2020

Canada’s drilling rig count is up 41 actively drilling rigs according to data collected by Baker Hughes for the week ending January 17, 2020. From one week ago, Alberta rig counts increased 37 to 170 and the Saskatchewan rig counts increased 2 to 52. Oil drilling increased 32 to 152 and gas increased 9 to … Read moreCanada Weekly Rig Count Up 41 to 244 for Week Ending January 17, 2020

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America Is Awash With Natural Gas and It’s About to Get Worse

By Rachel Adams-Heard, Naureen S. Malik and Sayer Devlin (Bloomberg) One chilly day in October, President Donald Trump boarded Air Force One and flew to Pennsylvania to hail one of the state’s most important industries — not coal, but natural gas.Trump spoke at an industry event of the “astonishing increase” in shale gas production. The Appalachian region has … Read moreAmerica Is Awash With Natural Gas and It’s About to Get Worse

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Extreme cold in Western Canada disrupts oil production, refining

January 17, 2020 Reuters Canadian oil producers and refiners have cut processing rates this week as extreme cold weather grips Western Canada, traders familiar with the matter said on Friday.Cold weather has spread across western Canada this week. In Edmonton, the capital of Canada’s main oil-producing province, Alberta, temperatures dropped to minus 36 degrees Celsius (minus … Read moreExtreme cold in Western Canada disrupts oil production, refining

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U.S. drillers add oil rigs for first week in four -Baker Hughes

Jan 17 (Reuters) – U.S. energy firms this week added oil rigs for the first time in four weeks even as the pace of growth in record crude output is expected to slow. Companies added 14 oil rigs in the week to Jan. 17, bringing the total count to 673, energy services firm Baker Hughes … Read moreU.S. drillers add oil rigs for first week in four -Baker Hughes

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Five Things to Know in World Business Today

By Lorcan Roche Kelly Jan 17, 2020 (Bloomberg) China growth stabilizes, U.S. to sell 20-year bonds, and the EU to examine trade deal. Here are some of the things people in markets are talking about today. Good news There were signs a firmer recovery could be underway in China after GDP data released overnight showed growth stabilized at 6% … Read moreFive Things to Know in World Business Today

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Wind, Storage and EVs Are Racing Ahead While Wider Green Investment Stalls

By Jeremy Hodges and Akshat Rathi Jan 16, 2020 (Bloomberg) A few renewable energy technologies are bracing for rapid growth, breaking away from stagnation in investment across the whole industry last year.A BloombergNEF report that counted $282.2 billion in funding for clean energy technologies in 2019, up just 1% from the year before, suggested electric cars, … Read moreWind, Storage and EVs Are Racing Ahead While Wider Green Investment Stalls

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Oil Near $59 as Trade Deal Hopes Jostle With Ample Supply

Oil-Prices

By Elizabeth Low and Grant Smith Jan 17, 2020 (Bloomberg) Oil was near $59 a barrel in New York after rising the most in almost two weeks as the U.S. and China signed a trade agreement, though remains capped by signs that supplies remain plentiful.Futures gained 0.5%, having increased 1.2% on Thursday as Washington and Beijing’s … Read moreOil Near $59 as Trade Deal Hopes Jostle With Ample Supply

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Obsidian Energy Provides Operational and Hedging Update

January 16, 2020 CNW CALGARY  (“Obsidian Energy“, the “Company“, “we“, “us” or “our“) is pleased to provide an update on our Cardium development program which continues to demonstrate encouraging results as we initiate our 2020 drilling campaign. Additionally, the Company provides the details of recently added hedges to our 2020 program. Cardium Development Program Update All 13 … Read moreObsidian Energy Provides Operational and Hedging Update

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Indigenous group vows peaceful Coastal GasLink pipeline opposition as Canadian police clamp down

January 16, 2020 Reuters An indigenous group that opposes construction of the Coastal GasLink pipeline in British Columbia will refuse workers access to their land, but in peaceful fashion, according to one of its chiefs.The statement comes after Royal Canadian Mounted Police (RCMP) established a checkpoint on Monday for access to a remote, forested area along … Read moreIndigenous group vows peaceful Coastal GasLink pipeline opposition as Canadian police clamp down

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Measuring the viscosity during chemical enhanced oil recovery – Westech

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L-Vis 510: Polymer Flooding Inline Polymer Flooding Liquid Viscosity Robust and accurate viscosity measurement under harsh process conditions is a challenging task made easy by Anton Paar’s unique,  fluid dynamic inline viscometer, L-Vis 510. L-Vis 510 has a nanometer-resolution inductive displacement sensor which measures the deflection of a flexible cuff subjected to shear in a tapered gap. The … Read moreMeasuring the viscosity during chemical enhanced oil recovery – Westech

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IT’S UNANIMOUS & FINALLY OVER…ALMOST! Supreme Court Dismisses B.C.’s appeal of Trans Mountain Legislation

‘Today it’s heavy oil, tomorrow it could be anything else,’ Justice Malcolm Rowe says at hearing OTTAWA — The Supreme Court of Canada has shut down British Columbia’s attempt to regulate what can flow through an expanded Trans Mountain pipeline from Alberta. The B.C. government wanted to require provincial permits before heavy oil could be … Read moreIT’S UNANIMOUS & FINALLY OVER…ALMOST! Supreme Court Dismisses B.C.’s appeal of Trans Mountain Legislation

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Former Haisla chief councillor defends elected Indigenous leaders supporting Coastal GasLink

by Gregory John  Canadian Energy Centre Former chief councillor of Haisla Nation and current B.C. MLA Ellis Ross. On a cold January night, a frustrated Ellis Ross pulled over his truck and did a video response to charges from a United Nations committee that Indigenous people had not been properly consulted on three major B.C. … Read moreFormer Haisla chief councillor defends elected Indigenous leaders supporting Coastal GasLink

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Heavy discount touches new 13-month high on big inventories, cold weather

January 16, 2020 Reuters Canadian heavy crude’s discount versus U.S. benchmark West Texas Intermediate (WTI) crude widened to a fresh 13-month high on Thursday, amid a cold snap in Alberta and large oil inventories in the province.In cold weather, shippers dilute bitumen volumes with additional ultralight oil, taking up more pipeline capacity. Inventories in Alberta have … Read moreHeavy discount touches new 13-month high on big inventories, cold weather

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MEG Energy Announces Preliminary 2019 Fourth Quarter and Full-Year Financial and Operating Data

January 16, 2020 CNW All financial figures are in Canadian dollars ($ or C$) and all references to barrels are per barrel of bitumen sales unless otherwise noted CALGARY – MEG Energy Corp. (“MEG” or the “Company”) (TSX: MEG) announced today its preliminary estimates of expected ranges of certain financial and operating data for the three months and … Read moreMEG Energy Announces Preliminary 2019 Fourth Quarter and Full-Year Financial and Operating Data

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WATCH THE VIDEO: BOOK YOUR SPACE NOW! – Global Petroleum Show 2020 – Calgary, Alberta Canada

  Show Details HERE Book Your Space SHAPING THE FUTURE OF ENERGY Global Petroleum Show Unites oil and gas industry for a stronger future The 51st running of North America’s Leading Energy Event, the Global Petroleum Show (GPS) highlighted new technologies, innovation and optimism for a strong Canadian energy sector. Over 53,000 members of government, … Read moreWATCH THE VIDEO: BOOK YOUR SPACE NOW! – Global Petroleum Show 2020 – Calgary, Alberta Canada

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Five Things You Need to Know to Start Your Day

By Lorcan Roche Kelly Jan 16, 2020 (Bloomberg) Jury’s out on trade deal, more bank earnings, and oil reaps U.S.-China deal benefit. Here are some of the things people in markets are talking about today. Winners, losers (and doubts) Analysts are welcoming the phase-one trade deal between the U.S. and China that was signed yesterday, while cautioning that … Read moreFive Things You Need to Know to Start Your Day

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Cold Blast Means Lower Prices for Canadian Oil Sands Producers

By Robert Tuttle (Bloomberg) An arctic blast sweeping across Western Canada is weighing on the price of heavy crude.Temperatures of -30 degrees Celsius (-22 Fahrenheit) and lower have descended on Alberta and Saskatchewan — cold enough to render the region’s viscous oil rock solid. To transport it, producers must blend in more of a lighter crude … Read moreCold Blast Means Lower Prices for Canadian Oil Sands Producers

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Oil Near Six-Week Low as Ample Supply Offsets Trade Hopes

By Elizabeth Low and Grant Smith (Bloomberg) Oil traded near its lowest closing level in six weeks as cautious hopes that the U.S.-China trade pact will support demand were offset by signs of ample supply. Futures held near $58 a barrel in New York after settling at the lowest since Dec. 3 on Wednesday. While the … Read moreOil Near Six-Week Low as Ample Supply Offsets Trade Hopes

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Heavy discount widens slightly on big inventories, limited transport

January 15, 2020 Reuters The discount on Canadian heavy crude widened slightly versus U.S. benchmark West Texas Intermediate (WTI) crude on Wednesday, amid large Alberta oil inventories and congested transportation.Weakness in Canadian heavy oil prices also reflects the impact of IMO regulations, which require ships to emit less sulphur, said John Coleman, principal research analyst at … Read moreHeavy discount widens slightly on big inventories, limited transport

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Pipestone Energy Corp. Provides Its 2020 Capital Budget and Guidance, an Operations Update and Announces the Exercise of an Option to Expand the 8-15 Compression Station

January 16, 2020 Globe Newswire CALGARY – (PIPE – TSX-V) Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) is pleased to provide an update to our operations as well as the release of our 2020 guidance and development plan. “I am very pleased to announce that Pipestone Energy produced approximately 17,700 boe/d during December 2019, well in excess of the … Read morePipestone Energy Corp. Provides Its 2020 Capital Budget and Guidance, an Operations Update and Announces the Exercise of an Option to Expand the 8-15 Compression Station

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Pacbrake Company

Enerplus Announces Executive Leadership Retirement and New Chief Operating Officer

January 16, 2020  CNW CALGARY – Enerplus Corporation (“Enerplus”) (TSX & NYSE: ERF) today announced the retirement of Ray Daniels as Senior Vice President, Operations, People & Culture after more than 35 years in the energy industry, including 12 years with Enerplus. Mr. Daniels will remain in his current position until he formally retires in April 2020. In conjunction … Read moreEnerplus Announces Executive Leadership Retirement and New Chief Operating Officer

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Column: An Open Letter to Chancellor Gordon and President Ono (University of Brittish Columbia) – William Lacey

January 16, 2020 William Lacey Dear Chancellor Gordon and President Ono, I am writing to you today regarding your decision to divest from all investments in fossil fuel related companies within the endowment fund at The University of British Columbia. Though I take exception to this decision as you are effectively offshoring carbon-based fuel production to … Read moreColumn: An Open Letter to Chancellor Gordon and President Ono (University of Brittish Columbia) – William Lacey

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Transform Your Leadership in 2020: The 5 Most Important Questions to Ask Yourself Now – Sherri Hilton MAL, CEC, PCC

by Sherri Hilton  MAL, CEC, PCC 2020! Officially the start of a New Year and a new decade. Full of the promise of new beginnings. A new you. And for many with whom I’ve spoken, an opportunity to set new goals and resolutions.  Truth be told, I’ve never been a fan of New Year’s resolutions. … Read moreTransform Your Leadership in 2020: The 5 Most Important Questions to Ask Yourself Now – Sherri Hilton MAL, CEC, PCC

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Schachter’s Eye on Energy: Product inventory build in the EIA data drives crude prices lower

Each week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 32 energy and energy service companies with regular updates. He holds quarterly subscriber webinars and provides Action BUY and SELL … Read moreSchachter’s Eye on Energy: Product inventory build in the EIA data drives crude prices lower

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STEP Energy Services Completes Inaugural Coiled Tubing Job in North Dakota

Step Energy Services Feature

Houston, Texas  (January 16, 2020) – In early January, STEP Energy Services (STEP) performed its first coiled tubing job in North Dakota for an independent oil producer in the area. The ultra-capacity coiled tubing unit travelled to a four well pad just outside of Watford City in the Bakken formation. The composite plug milling operation was … Read moreSTEP Energy Services Completes Inaugural Coiled Tubing Job in North Dakota

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LinkedIn Mastery Workshop – Full Day Event Organized by Allan Fine & Richelle Wiseman

_LinkedIn from Mystery to Mastery Event 400x270 Feature

The professional world has finally realized the importance of LinkedIn as a business platform that serves multiple objectives. Besides being a central hub for professional branding, networking and career management, LinkedIn is now becoming a growing source of news, knowledge and opportunity for professionals worldwide. Businesses are now calling on employees to participate on LinkedIn … Read moreLinkedIn Mastery Workshop – Full Day Event Organized by Allan Fine & Richelle Wiseman

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Quantum Computing: A new generation of computing circuits that are tiny, fast, and cool

Imagine a future where your computer not only runs 100 times faster, it also uses 1% of the amount of energy, saving time, money and the environment. It might sound like a dream, but an Alberta company has turned it into reality. Quantum Silicon Inc. (QSi) is revolutionizing the way technology is created—harnessing the power … Read moreQuantum Computing: A new generation of computing circuits that are tiny, fast, and cool

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Catch Engineering
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WATCH: The Journey to Net Zero – In-Pit Extraction Process – CNRL

As part of their continuous investments in research and technology, Canadian Natural focuses on improving their performance by enhancing their processes while reducing our environmental impact. At Horizon, a field pilot is underway on an alternative bitumen extraction method — the In-Pit Extraction Process (IPEP). This involves a relocatable, modular extraction plant that processes ore … Read moreWATCH: The Journey to Net Zero – In-Pit Extraction Process – CNRL

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Supreme Court to hear B.C. case attempting to halt Trans Mountain expansion

January 15, 2020 The Canadian Press The Supreme Court of Canada in Ottawa OTTAWA – Canada’s high court will hear arguments Thursday on whether British Columbia can stop Alberta from shipping heavy oil through the Trans Mountain pipeline without a permit. B.C.’s NDP government brought the case in 2018 as it worked to fulfill an election … Read moreSupreme Court to hear B.C. case attempting to halt Trans Mountain expansion

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Pipeline at centre of B.C. conflict is creating jobs for First Nations: Chief

January 15, 2020  The Canadian Press Coastal GasLink Pipeline project construction A pipeline at the centre of a conflict between hereditary chiefs and a natural gas company in northern British Columbia is creating jobs for Indigenous people and lifting communities from poverty, says an elected chief of a band that supports the project. All 20 … Read morePipeline at centre of B.C. conflict is creating jobs for First Nations: Chief

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Group cleaning up old oil wells says Alberta government rules inadequate

January 15, 2020 The Canadian Press EDMONTON – A group tasked with cleaning up thousands of abandoned energy facilities in Alberta says the province’s rules for ensuring polluters reclaim their wells before selling them off are inadequate. The industry-funded Orphan Well Association made the criticism in a letter to Alberta’s energy regulator, which is considering a … Read moreGroup cleaning up old oil wells says Alberta government rules inadequate

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Hy-Lok Distribution Inc
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Five Things to Know in World Business Today

By Sam Potter Jan 15, 2020 (Bloomberg) The trade deal signing is upon us, no one wins the Dems debate, and the bar is high for big bank results. Here are some of the things people in markets are talking about today. Happy Big Beautiful Monster Day! Well, it’s time. President Donald Trump is poised to sign a phase-one … Read moreFive Things to Know in World Business Today

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Husky Energy’s Spiral Continues as Analysts Downgrade Stock

Husky-Energy

By Divya Balji Jan 14, 2020 (Bloomberg) At least three analysts have downgraded their rating on Husky Energy Inc. this week, sending the shares lower for a third straight day. Canaccord Genuity, Raymond James and Bank of Nova Scotia’s strategists have reduced their recommendation on the Canadian energy company’s stock as concerns surrounding free cash flow … Read moreHusky Energy’s Spiral Continues as Analysts Downgrade Stock

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Peak Permian Oil Output Is Closer Than You Think, Investor Says

By Simon Casey Jan 14, 2020 (Bloomberg) Such is the extent of the shakeout in the U.S. shale industry that Permian Basin oil production is closer to peaking than many forecasts suggest, according to one energy investor. Adam Waterous, who runs Waterous Energy Fund, regards the sector’s financial position as unsustainable after years of disappointing returns … Read morePeak Permian Oil Output Is Closer Than You Think, Investor Says

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Catch Engineering
GLJ Petroleum Consultants Ltd.
Hy-Lok Distribution Inc
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Oil Trades Near Six-Week Low as Data Shows U.S. Stockpiles Rose

By Elizabeth Low and Grant Smith Jan 15, 2020 (Bloomberg) Oil traded near a six-week low as industry data showing an increase in U.S. crude stockpiles re-affirmed expectations that global markets will be oversupplied in the first part of the year.Futures steadied near $58 a barrel as traders focused on the approaching seasonal lull in demand … Read moreOil Trades Near Six-Week Low as Data Shows U.S. Stockpiles Rose

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Catch Engineering
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Hy-Lok Distribution Inc
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TC Energy to resume work on Keystone XL oil pipeline in February

January 14, 2020 Reuters Canadian pipeline company TC Energy Corp said on Tuesday that it planned to start pre-construction work in February for its Keystone XL oil pipeline, the start of a busy planned work schedule in 2020 for the long-delayed project.TC said in a filing with U.S. District Court in Montana that in February it … Read moreTC Energy to resume work on Keystone XL oil pipeline in February

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GLJ Petroleum Consultants Ltd.
Catch Engineering
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NuVista Energy Ltd. Announces Operational Update With Record Production for the Fourth Quarter of 2019

January 14, 2020 CALGARY – 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. Operations Update The NuVista operated Pipestone South Compressor Station has performed with high reliability since commencing operations late in the … Read moreNuVista Energy Ltd. Announces Operational Update With Record Production for the Fourth Quarter of 2019

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Crescent Point Announces 2020 Budget

January 14, 2020 CALGARY – Crescent Point Energy Corp. (“Crescent Point” or the “Company”) is pleased to announce its 2020 budget. KEY HIGHLIGHTS Expect to generate approximately $200 million to $350 million of excess cash flow in 2020 at US$55/bbl to US$60/bbl WTI, allowing for continued net debt reduction and accretive share repurchases. Disciplined and … Read moreCrescent Point Announces 2020 Budget

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GLJ Petroleum Consultants Ltd.
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Price Forecasting for Reserve Evaluations

GLJ_NewHire_Dr. Erfan Sarvaramini_Energy Now_400x270_181112_FINAL

How are commodity prices forecast? How do forecast prices differ from strip pricing? Why do these forecasts not always change in response to market variations? These are just some of the questions that arise time and time again throughout the reserves process. Futures, or forward curves are not truly spot price forecasts In addition to … Read morePrice Forecasting for Reserve Evaluations

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The best data is about to get better! – GDM Pipelines

With coverage across Canada and into the Northern United States, GDM Pipelines’ Enhanced Pipeline and Facility data is already the most comprehensive, complete and accurate pipeline data solution available. And, it’s getting even better!   On February 10th, we will be releasing GDM 5.0…the latest update to our industry-leading pipeline and facility data! Here’s what’s … Read moreThe best data is about to get better! – GDM Pipelines

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XI Technologies: Why LMR values aren’t a good indicator of a company’s liabilities

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 XI’s final article of 2019, it was pointed out that the … Read moreXI Technologies: Why LMR values aren’t a good indicator of a company’s liabilities

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Opinion: Alberta Needs the ‘War Room’ to Challenge Energy Ignorance – Brad Hayes

Too many reporters have bought into poorly conceived advocacy positions, and fail to provide readers with balanced information By Brad Hayes | January 14, 2020 The Canadian Energy Centre – also called the “war room” – is online, publishing featured stories, reports, briefs, analysis, perspective and even an Energy IQ quiz. It’s all aimed at distributing information … Read moreOpinion: Alberta Needs the ‘War Room’ to Challenge Energy Ignorance – Brad Hayes

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Heavy discount widens with congested transport, big stocks

January 14, 2020 The discount on Canadian heavy crude widened versus U.S. benchmark West Texas Intermediate (WTI) crude on Tuesday, as congested transport and high inventories weakened prices.Many western Canadian grades have seen weakening prices, with crude by rail movement seeming to flatten in recent weeks, and storage levels remaining elevated, said Matt Murphy, analyst … Read moreHeavy discount widens with congested transport, big stocks

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IT’S OFFICIAL! Encana Shareholders Vote 90 per cent for Name Change, Denver HQ move

January 14, 2020 The Canadian Press CALGARY – Shareholders in Encana Corp. have voted overwhelmingly in favour of the oil and gas company moving its headquarters to Denver from Calgary and changing its name to Ovintiv Inc. CEO Doug Suttles says the 90 per cent vote in favour of the resolution shows clear support for the … Read moreIT’S OFFICIAL! Encana Shareholders Vote 90 per cent for Name Change, Denver HQ move

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Success of Energy Sector Crucial to Ending Poverty on Reserves: Dale Swampy

Published by Canadian Energy Centre  Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter When Dale Swampy talks about poverty on reserves, he gets angry and frustrated. He thinks Canadians don’t want to deal with what’s going on in their own backyard. “You feel like it’s out of sight, out … Read moreSuccess of Energy Sector Crucial to Ending Poverty on Reserves: Dale Swampy

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Oil Falls to the Lowest in Over a Month as Gulf Tensions Recede

By Sheela Tobben Jan 13, 2020 (Bloomberg) Oil settled at the lowest level since early December as geopolitical tension in the Middle East eased.Futures in New York fell 1.6% Monday. The threat of an outright war has receded since Tehran fired missiles at U.S.-Iraqi bases last week in retaliation for Washington’s assassination of its top general. … Read moreOil Falls to the Lowest in Over a Month as Gulf Tensions Recede

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Five Things to Know in World Business Today

By Cecile Gutscher Jan 14, 2020 (Bloomberg) Trump lifts designation of China as a currency cheat, new front in trade war opens in Europe, and bank earnings roll in. Here are some of the things people in markets are talking about today. Sweeter deal The Trump administration took China off its watchlist of currency manipulators ahead of the scheduled signing … Read moreFive Things to Know in World Business Today

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Heavy discount narrows from 13-month high

January 13, 2020 Reuters The discount on Canadian heavy crude narrowed versus U.S. benchmark West Texas Intermediate (WTI) crude on Monday from a 13-month high reached last week, but remained elevated on tight takeaway capacity and bloated storage levels.Anticipation of upcoming turnarounds at U.S. refineries also weighed on Canadian prices, a Calgary-based industry source said. Western … Read moreHeavy discount narrows from 13-month high

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Petrus Resources Announces First Quarter Capital Budget and Outlook for 2020

January 14, 2020  | Source: Petrus Resources Ltd. CALGARY, Alberta, Jan. 14, 2020 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to provide its first quarter capital budget and outlook for 2020.  With the risk of volatility in the price of Canadian light oil and natural gas, the Company believes … Read morePetrus Resources Announces First Quarter Capital Budget and Outlook for 2020

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Column: No, Imperial Oil isn’t hiding important climate documents – Canadian Energy Network

On January 8th The Intercept, an activist news site, published an article shaming Imperial Oil for supposedly hiding its information about climate change for decades. This re-hashing of old arguments initially used to target ExxonMobil is making its rounds again on the internet as anti-hydrocarbon groups continue their assault on oil and gas companies. The idea … Read moreColumn: No, Imperial Oil isn’t hiding important climate documents – Canadian Energy Network

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January webinars to offer insights into ARO cost models and working interest.

XI Logo Vertical Feature 400x270

XI Technologies is hosting two free webinars in January to address common questions when it comes to asset retirement obligations. These webinars will be 30 minutes each and will demonstrate how ARO Manager helps users with a built-in, industry-recognized cost model and helps them discover working interest partners. Webinar: How to Find Working Interest Partners … Read moreJanuary webinars to offer insights into ARO cost models and working interest.

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Horgan Says ‘Rule of Law Applies,’ LNG Pipeline Will Proceed Despite Protests

VICTORIA — A natural gas pipeline across northern British Columbia is vital to the region’s economic future and it will be built despite the objections of some Indigenous leaders, Premier John Horgan said Monday. He said the courts have ruled in favour of the project and the rule of law will apply to ensure work … Read moreHorgan Says ‘Rule of Law Applies,’ LNG Pipeline Will Proceed Despite Protests

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India’s oil demand growth set to overtake China by mid-2020s, IEA says

Reuters KEY POINTS India’s oil demand growth is set to overtake China by mid-2020s, priming the country for more refinery investment but making it more vulnerable to supply disruption in the Middle East, according to the IEA. India’s oil demand is expected to reach 6 million barrels per day (bpd) by 2024 from 4.4 million bpd in 2017. … Read moreIndia’s oil demand growth set to overtake China by mid-2020s, IEA says

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EnergyNow SPECIAL – Market Your Company on EnergyNow for 18 Months for the Price of 12! Save 50% on Content Marketing Packages – Expires January 31st!!

18 MONTHS OF CONTENT MARKETING ON ENERGYNOW FOR THE PRICE OF 12 – SAVE 50%! MARKET THE FOLLOWING CONTENT ABOUT YOUR COMPANY:  Videos, Webinars, Press Releases, Announcements, Case Studies, New Technology, Special Promotions, White Papers, Events, Open House, Job Fair, Equipment Showcase, Service Showcase, New Hire Announcement, Now Hiring Announcement, Charitable Initiative, Special Awards or … Read moreEnergyNow SPECIAL – Market Your Company on EnergyNow for 18 Months for the Price of 12! Save 50% on Content Marketing Packages – Expires January 31st!!

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The Role of Blockchain in Managing Climate Impacts – Geoffrey Cann

By Geoffrey Cann More energy, less carbon: this is the dilemma facing governments, businesses and consumers as they determine how to respond to climate change. What role can digital technologies play? Climate and Energy The defining issue of our day—-on the one hand, global energy demand continues to rise, fuelled by rising prosperity and population … Read moreThe Role of Blockchain in Managing Climate Impacts – Geoffrey Cann

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Corridor Resources Inc. Announces Proposed Appointment of Former Raging River Management Team, Financing and Changing of Name to Headwater Exploration Inc.

January 13, 2020 CALGARY, Jan. 13, 2020 /CNW/ – Corridor Resources Inc. (“Corridor” or the “Company“) (CDH: TSX) is pleased to announce it has entered into a definitive investment agreement (the “Investment Agreement“) with Neil Roszell, Jason Jaskela, Ali Horvath, Jonathan Grimwood and Terry Danku (the “Initial Investors“) which provides for: (i) a non-brokered private … Read moreCorridor Resources Inc. Announces Proposed Appointment of Former Raging River Management Team, Financing and Changing of Name to Headwater Exploration Inc.

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GLJ Petroleum Consultants Ltd.
Hy-Lok Distribution Inc
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Five Things to Know in World Business Today

By Sam Potter Jan 13, 2020 (Bloomberg) A twist in the Mideast drama, investors brace for a busy week, and corporate headlines roll in. Here are some of the things people in markets are talking about today. Simmering The situation in the Middle East took an unexpected turn this weekend when Iran admitted it mistakenly shot down a Ukrainian … Read moreFive Things to Know in World Business Today

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GLJ Petroleum Consultants Ltd.
Hy-Lok Distribution Inc
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Oil Holds Biggest Weekly Drop Since July on Easing Gulf Tension

Oil-Prices

By Elizabeth Low and Grant Smith  Jan 13, 2020 (Bloomberg) Oil was steady after the biggest weekly drop since July as an easing of geopolitical tension in the Middle East turned attention back to a flood of new supply set to hit the market this year.The threat of an outright war has receded since Tehran fired … Read moreOil Holds Biggest Weekly Drop Since July on Easing Gulf Tension

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Saudi Arabia Says OPEC+ Focus on Oil Cuts Undeterred by Unrest

By Verity Ratcliffe and Annmarie Hordern Jan 13, 2020 (Bloomberg) Saudi Arabia’s Energy Minister said that OPEC and its allies remain focused on using production cuts to reduce oil inventories to normal levels, undeterred by the flare up of political tensions in the Middle East.Oil prices have erased all of this year’s rally, which saw … Read moreSaudi Arabia Says OPEC+ Focus on Oil Cuts Undeterred by Unrest

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Canadian Natural Gas Gains After Drilling Cutbacks, Pipeline Rule Change

By Kevin Orlan (Bloomberg) Canadian natural gas is trading at the highest price relative to U.S. benchmarks in about 10 months after producers cut back on drilling and a rule change on a key Alberta pipeline system last year helped better manage flows of the fuel.The discount on gas traded at Alberta’s AECO hub versus the … Read moreCanadian Natural Gas Gains After Drilling Cutbacks, Pipeline Rule Change

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DTN
Catch Engineering
GLJ Petroleum Consultants Ltd.
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Pacbrake Company

Here to support the oilfield industry! Falcon Equipment creates custom builds for your specific needs

Falcon Equipment Feature Logo 400x270

Although the current Canadian government is continuing to let down Canada’s largest natural resource sector, we are optimistic for the future of Canadian oil and gas. Falcon stands with everyone, including all gas and pipeline workers and their families, that are suffering due to the current downturn in the market. Despite the downturn, we are … Read moreHere to support the oilfield industry! Falcon Equipment creates custom builds for your specific needs

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GLJ Petroleum Consultants Ltd.
Hy-Lok Distribution Inc
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DTN
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Schachter’s Eye on Energy: WTI crude oil swings US$7/b on Iran tit for tat last week

Each week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 32 energy and energy service companies with regular updates. He holds quarterly subscriber webinars and provides Action BUY and SELL … Read moreSchachter’s Eye on Energy: WTI crude oil swings US$7/b on Iran tit for tat last week

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Catch Engineering
Hy-Lok Distribution Inc
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Temporary & Portable Signs for Winter Conditions – IDENT Oil & Gas Signage

IDENT Feature

By Morgan Fraser The need for temporary signage is situational, whether it be for seasonality, portability or functionality. Seasonality is a good indicator for when businesses may need temporary signage, especially throughout those winter months. Permanent signage is usually too costly to continuously update and is typically mounted or deep in the ground. Temporary signage … Read moreTemporary & Portable Signs for Winter Conditions – IDENT Oil & Gas Signage

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Shell: Osperity’ AI-driven intelligent visual monitoring solutions a great fit for our midstream terminals

Osperity Feature Logo 400x270

In the short video below, Giancarlo Savini (Implementation Manager at Shell Ventures in Houston) explains how Osprey is a great fit for a Shell midstream terminal in Canada. About us Osperity (Formerly Osprey Informatics) assists industrial companies to reduce operational costs and mitigate safety and environmental risks through intelligent visual monitoring. With our platform clients … Read moreShell: Osperity’ AI-driven intelligent visual monitoring solutions a great fit for our midstream terminals

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Featured Article: DK-Lok High Pressure Fittings and Valves

DK LOK Logo Feature

DK-Lok is specialized in the manufacturing of Instrument Fitting & Valves and DKHP Series has developed to satisfy the unique customer who requests for the high pressure application. Made out of 316 cold-worked stainless steel meeting NACE MR 0175. ¼” to 1”; other sizes available upon request Cone & Thread design Sour gas equipment DK … Read moreFeatured Article: DK-Lok High Pressure Fittings and Valves

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A Letter to the UN’s Committee on th Elimination of Racial Discrimination (CERD) – Why Are You Targeting Canada and Three of its Energy Projects? – Deidra Garyk

Committee on the Elimination of Racial Discrimination (CERD) Human Rights Treaties Division (HRTD) Office of the United Nations High Commissioner for Human Rights (OHCHR) Palais Wilson – 52, rue des Pâquis CH-1201 Geneva (Switzerland) E-mail:  cerd@ohchr.org Dear CERD, I’m writing today, as a Canadian, in response to the Committee’s letter to halt the construction of the … Read moreA Letter to the UN’s Committee on th Elimination of Racial Discrimination (CERD) – Why Are You Targeting Canada and Three of its Energy Projects? – Deidra Garyk

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How the Oil Market Learned to Live With a Middle East in Flames

By Catherine Ngai, Grant Smith, Javier Blas and Dan Murtaugh Jan 12, 2020 (Bloomberg) A dramatic U.S. drone strike kills Iran’s most important general. Tehran vows retribution and oil prices jump almost 5% as traders rush to cover the risk of a Middle East war. Then the selling starts.It’s a trading pattern that would have been unthinkable a decade ago, … Read moreHow the Oil Market Learned to Live With a Middle East in Flames

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Canada Oil Sands Threatened With Price Drop Below Key Level

By Kevin Orland (Bloomberg) Canadian heavy crude’s discount to U.S. benchmark oil hit the widest since Alberta introduced a plan to limit the province’s production more than a year ago, threatening more adversity for the beleaguered industry.Western Canadian Select’s discount to West Texas Intermediate reached $24.05 a barrel on Friday, the biggest gap since Nov. 30, … Read moreCanada Oil Sands Threatened With Price Drop Below Key Level

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Canada Weekly Rig Count Up 118 for Week Ending January 10, 2020

Canada’s drilling rig count is up 118 actively drilling rigs according to data collected by Baker Hughes for the week ending January 10, 2020. From one week ago, Alberta rig counts increased 69 to 133 and the Saskatchewan rig counts increased 42 to 50. Oil drilling increased 93 to 120 and gas increased 25 to … Read moreCanada Weekly Rig Count Up 118 for Week Ending January 10, 2020

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GPS AWARDS – 2020: Award Nominations Open Until February 14, 2020 – See Details HERE

There are rare moments in time when certain individuals or companies shine. They come along unexpectedly and have a profound effect on us; they become a legend in their area of expertise. To some they are controversial, to others they are heroes; but, regardless, no one can deny that they have an ongoing influence within … Read moreGPS AWARDS – 2020: Award Nominations Open Until February 14, 2020 – See Details HERE

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Energy Markets Have an Interesting Year Ahead: Nathaniel Bullard

By Nathaniel Bullard  Jan 10, 2020 (Bloomberg Opinion)The start of a new year brings with it a raft of data on the world’s energy systems. So far, electricity sector figures show a transition well underway — some sources increasing, others collapsing. Each market is different, but the trends in markets as diverse as the U.K., … Read moreEnergy Markets Have an Interesting Year Ahead: Nathaniel Bullard

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JANUARY 23rd! Tom Olsen, CEO and Managing Director of the Canadian Energy Centre to speak at the Calgary Petroleum Club.

Presents Mr. Tom Olsen CEO of the newly founded Canadian Energy Centre The Canadian Association of Petroleum Landmen is pleased to host Mr. Tom Olsen of the newly founded Canadian Energy Centre at the Calgary Petroleum Club, Thursday, January 23, 2020. Join us at one of the first public appearances of Mr. Olsen, set to … Read moreJANUARY 23rd! Tom Olsen, CEO and Managing Director of the Canadian Energy Centre to speak at the Calgary Petroleum Club.

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U.S. drillers cut oil rigs for third week in a row

January 10, 2020 Reuters U.S. energy firms reduced the number of oil rigs operating for a third week in a row as producers follow through on plans to slash spending on new drilling for a second year in a row in 2020. Drillers cut 11 oil rigs in the week to Jan. 10 in the biggest … Read moreU.S. drillers cut oil rigs for third week in a row

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B.C. human rights commissioner asks Canadian government to halt pipeline project

VANCOUVER — British Columbia’s human rights commissioner has called on Canada to stop building a contentious natural gas pipeline until the affected Indigenous groups consent to the construction. Kasari Govender said she believes Canada is shirking its obligations as a signatory to the United Nations Committee for the Elimination of Racial Discrimination. “I join (the … Read moreB.C. human rights commissioner asks Canadian government to halt pipeline project

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EnergyNow SPECIAL – Market Your Company on EnergyNow for 18 Months for the Price of 12! Save 50% on Content Marketing Packages – Expires January 15th!

18 MONTHS OF CONTENT MARKETING ON ENERGYNOW FOR THE PRICE OF 12 – SAVE 50%! MARKET THE FOLLOWING CONTENT ABOUT YOUR COMPANY:  Videos, Webinars, Press Releases, Announcements, Case Studies, New Technology, Special Promotions, White Papers, Events, Open House, Job Fair, Equipment Showcase, Service Showcase, New Hire Announcement, Now Hiring Announcement, Charitable Initiative, Special Awards or … Read moreEnergyNow SPECIAL – Market Your Company on EnergyNow for 18 Months for the Price of 12! Save 50% on Content Marketing Packages – Expires January 15th!

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Cenovus Has Ambitious Plans to Neutralize Carbon Footprint & Boost Indigenous Partnerships – CEC

Published by Canadian Energy Centre  Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter View of a Cenovus steam-assisted gravity drainage oil sands project in northern Alberta. Photograph courtesy Cenovus Energy Inc. The effort to produce cleaner oil and position Canada as one of the world’s most responsible energy suppliers … Read moreCenovus Has Ambitious Plans to Neutralize Carbon Footprint & Boost Indigenous Partnerships – CEC

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Pembina Pipeline Corporation Announces Closing of $1 Billion Public Note Offering

January 10, 202010:36 AM CNW CALGARY – Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA) is pleased to announce that it has closed its previously announced offering of $1 billion of senior unsecured medium-term notes (the “Offering”). The Offering was conducted in three tranches consisting of $250 million principal amount issued through a re-opening of the Company’s … Read morePembina Pipeline Corporation Announces Closing of $1 Billion Public Note Offering

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Five Things to Know in World Business Today

By Lorcan Roche Kelly Jan 10, 2020 (Bloomberg) It’s jobs day, Iran denies downing plane, and Trump impeachment trial may get Pelosi green light. Here are some of the things people in markets are talking about today. Payrolls The Labor Department will deliver the last jobs report of the 2010s at 8:30 a.m. Eastern Time this morning. It is … Read moreFive Things to Know in World Business Today

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Oil Set for Biggest Weekly Loss Since July as Mideast Risk Eases

Oil-Prices

By Sharon Cho and Grant Smith Jan 10, 2020 (Bloomberg) Oil headed for its biggest weekly loss since July as the prospect of an immediate confrontation between the U.S. and Iran abated, allaying fears of disruption to Middle East energy supplies.Futures initially soared to an eight-month high above $65 a barrel in New York on Jan. … Read moreOil Set for Biggest Weekly Loss Since July as Mideast Risk Eases

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‘Crucial’ Jobs Data to Reveal Extent of Canada’s Economic Slump

By Jacqueline Thorpe Jan 9, 2020 (Bloomberg)Jobs data on Friday are poised to reveal just how weak the Canadian economy is. Canada has posted less than stellar economic statistics recently, including weak retail spending and combined jobs losses of 73,000 in October and November, indicating the economy barely eked out growth beyond 1% on an annualized … Read more‘Crucial’ Jobs Data to Reveal Extent of Canada’s Economic Slump

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Hedge Fund That Won Big Shorting U.S. Shale Is Bullish on Canada

By Melissa Karsh and Catherine Ngai Jan 10, 2020 (Bloomberg) After big wins shorting U.S. shale companies last year, one energy hedge fund is turning its sights on the beaten-down Canadian oil sector. After gaining 40% last year, according to a person familiar with the results, Westbeck Capital Management is betting Canadian firms are better positioned … Read moreHedge Fund That Won Big Shorting U.S. Shale Is Bullish on Canada

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White House proposes dramatic overhaul of environmental approval process

January 9, 2020 WASHINGTON – The White House is promising sweeping changes to how major energy and infrastructure projects in the United States are evaluated for their potential environmental impact. U.S. President Donald Trump says the planned overhaul of the National Environmental Policy Act, or NEPA, will streamline environmental approvals for major construction efforts like … Read moreWhite House proposes dramatic overhaul of environmental approval process

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Labour group joins calls for federal government to approve Frontier oil sands project – CEC

Published by Canadian Energy Centre  Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Photograph courtesy Teck Resources. Building Trades of Alberta, a group representing 18 local unions and more than 60,000 skilled trades workers, is urging federal Environment and Climate Change Minister Jonathan Wilkinson to approve the $20.6 billion … Read moreLabour group joins calls for federal government to approve Frontier oil sands project – CEC

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Cenovus Energy aims for 30% cut in emission intensity by 2030

January 9, 2020 Reuters Canada’s Cenovus Energy on Thursday unveiled plans to reduce per-barrel greenhouse gas emissions by 30% by the end of 2030, as the country’s oil industry faces growing pressure from environmental activists. The Alberta-based integrated oil and gas company said it will spend an additional C$1.5 billion on businesses run by the country’s … Read moreCenovus Energy aims for 30% cut in emission intensity by 2030

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AltaGas Announces Board of Director Transition

AltaGas Announces Board of Director Transition January 9, 2020 CNW CALGARY – AltaGas Ltd. (AltaGas) (TSX: ALA) announces the appointment of two new Independent Directors – Linda Sullivan and Nancy Tower to its Board of Directors effective today.  In addition, AltaGas announces the retirement of Daryl Gilbert from the Board to be effective following the conclusion of AltaGas’ next annual meeting of shareholders … Read moreAltaGas Announces Board of Director Transition

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How Do We End The Blockage on Oil & Gas – A One Day Conference in Calgary: Saturday – January 18, 2020 – See Details & Tickets HERE

Tickets can be found at www.albertaproud.org/valueofalberta It’s a New Year and for many Albertans it feels like we are long overdue for a New Deal for the West. For those in the energy industry a New Deal isn’t just preferable, it’s ESSENTIAL. The energy industry is under attack. 2019 saw the government in Ottawa continuing … Read moreHow Do We End The Blockage on Oil & Gas – A One Day Conference in Calgary: Saturday – January 18, 2020 – See Details & Tickets HERE

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Five Things to Know in World Business Today

By Lorcan Roche Kelly Jan 9, 2020 (Bloomberg) War risk recedes, China to sign trade deal, and global growth to remain sluggish. Here are some of the things people in markets are talking about today. Peace rally The prospect of war between the U.S. and Iran faded after President Donald Trump backed away from threats to launch further attacks, instead … Read moreFive Things to Know in World Business Today

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Oil Steadies After Giving Up Gains From U.S.-Iran Hostilities

By Grant Smith and Sharon Cho Jan 9, 2020 (Bloomberg) Oil steadied after rapidly shedding all of its gains from the clash between the U.S. and Iran, as traders waited to see whether any further hostilities will disrupt exports from the Middle East.Brent held above $65 a barrel on Thursday, having tumbled 4.2% the previous day … Read moreOil Steadies After Giving Up Gains From U.S.-Iran Hostilities

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Saturn Oil & Gas Inc. Confirms a Strong 2019 Exit Production Rate and Q1 2020 Drilling Program Details

January 09, 2020  | Source: Saturn Oil + Gas Inc CALGARY, Alberta, Jan. 09, 2020 (GLOBE NEWSWIRE) — Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSX.V: SOIL) (FSE: SMK) today announced a strong production rate exiting 2019 as a result of its successful Q4 2019 capital program, and upcoming Q1 2020 drilling program. Successful … Read moreSaturn Oil & Gas Inc. Confirms a Strong 2019 Exit Production Rate and Q1 2020 Drilling Program Details

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Pembina Pipeline Corporation Announces $1 Billion Public Note Offering

January 8, 2020 CNW CALGARY, Jan. 8, 2020 /CNW/ – Pembina Pipeline Corporation (“Pembina”) (TSX: PPL; NYSE: PBA) announced today that it has agreed to issue $1 billion of senior unsecured medium-term notes (the “Offering”). The Offering will be conducted in three tranches consisting of $250 million principal amount to be issued through a re-opening of the Company’s 4.02% medium-term notes, series 10, … Read morePembina Pipeline Corporation Announces $1 Billion Public Note Offering

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Toscana Energy Initiates Formal Strategic Alternatives Process

January 8, 2020 Globe Newswire CALGARY, Alberta, Jan. 08, 2020 (GLOBE NEWSWIRE) — Toscana Energy Income Corporation (“Toscana” or the “Corporation”) (TSX: TEI) announces that the Board of Directors (the “Board“) of the Corporation is undertaking a formal process to identify, examine and consider the strategic alternatives available to the Corporation to maximize value for shareholders. Such strategic … Read moreToscana Energy Initiates Formal Strategic Alternatives Process

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Advantage Announces 2020 Capital Budget

January 8, 2020 CNW Advancing Light Oil with A Solid Natural Gas Foundation CALGARY, Jan. 8, 2020 /CNW/ – Advantage Oil & Gas Ltd. (“Advantage” or the “Corporation”) is pleased to announce its 2020 capital budget which targets investment between $170 and $200 million.  These investments will continue to advance the Corporation’s liquids transition plan by focusing on our Progress and Pipestone/Wembley … Read moreAdvantage Announces 2020 Capital Budget

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Athabasca Oil Provides Operations Update, 2020 Budget Guidance and Results of Special Shareholders Meeting

January 8, 2020 Globe Newswire CALGARY, Alberta, Jan. 08, 2020 (GLOBE NEWSWIRE) — Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or “the Company”) demonstrated strong operational results at the end of 2019 and has approved a 2020 capital budget focused on sustaining annual production within forecasted funds flow. Year-end 2019 Operations Update Production – Annual average of … Read moreAthabasca Oil Provides Operations Update, 2020 Budget Guidance and Results of Special Shareholders Meeting

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Heavy discount widens as storage levels remain elevated

January 8, 2020 Reuters The discount on Canadian heavy crude widened versus U.S. benchmark West Texas Intermediate (WTI) crude on Wednesday, with traders pointing to large stockpiles and limited pipeline space.Alberta oil storage levels have hit record highs after a temporary Keystone pipeline outage last year and a rail strike. In October, Alberta, Canada’s main oil-producing … Read moreHeavy discount widens as storage levels remain elevated

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COMING TO CALGARY IN OCTOBER! Supply Change Expo Addresses Global Need for Faster, Smarter Chain Management

Calgary, October 27-28, 2020 If you own, operate or work in a business, you have a supply chain and are part of others. A supply chain is a system of organizations, people, activities, information, and resources between an organization and its suppliers to produce and distribute products to buyers.  An organization’s supply chain is a key competitive … Read moreCOMING TO CALGARY IN OCTOBER! Supply Change Expo Addresses Global Need for Faster, Smarter Chain Management

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Natural gas pipeline company posts 72-hour notice to clear way in northern B.C.

January 8, 2020 The Canadian Press BRITISH COLUMBIA – A natural gas pipeline company has posted an injunction order giving opponents 72-hours to clear the way toward its work site in northern British Columbia. The order stamped Tuesday by the B.C. Supreme Court registry addresses members of the Wet’suwet’en Nation and supporters who say the project … Read moreNatural gas pipeline company posts 72-hour notice to clear way in northern B.C.

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Alberta petrochemical project cost estimate rises to about $4.9 billion

January 8, 2020 The Canadian Press CALGARY – The cost of a petrochemical project near Edmonton designed to turn propane into plastic pellets to be shipped to manufacturers around the world has risen to about $4.9 billion, up about $400 million from original estimates. Calgary-based Pembina Pipeline Corp. says the adjustment is a result of the … Read moreAlberta petrochemical project cost estimate rises to about $4.9 billion

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Canada Poised to Provide World’s ‘Greenest’ LNG…BUT… – CEC

Canada poised to provide world’s ‘greenest’ LNG Published by Canadian Energy Centre  Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Artist’s rendering of the LNG Canada export facility being built in Kitimat, B.C. Photograph courtesy LNG Canada Canada risks losing out on trillions of dollars and the opportunity to … Read moreCanada Poised to Provide World’s ‘Greenest’ LNG…BUT… – CEC

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COMMENTARY:  Self-interested UN Committee Decision a Threat to Our Communities – Cody Battershill

Cody Battershill January 7, 2020 Who doesn’t respect the United Nations? Or maybe it’s better to ask, who doesn’t respect them – until they really mess up? For almost 75 years, beginning with just over 50 member states, the UN has helped hold the world together, labouring to express the will of now almost 200 … Read moreCOMMENTARY:  Self-interested UN Committee Decision a Threat to Our Communities – Cody Battershill

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Pembina Pipeline Corporation Announces Lump Sum Contract for Petrochemical Facility

January 7, 2020 CNW All financial figures are approximate and 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, Jan. 7, 2020 /CNW/ … Read morePembina Pipeline Corporation Announces Lump Sum Contract for Petrochemical Facility

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Looking at the Facts: United Nations Committee Ignores Years of Engagement and Agreements – CEC

Published by Canadian Energy Centre  Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Coastal GasLink workers inspect pipe shipped in for the $6.6-billion project. Photograph courtesy Coastal GasLink The United Nations Committee on the Elimination of Racial Discrimination has released a directive calling on the Government of Canada to immediately suspend … Read moreLooking at the Facts: United Nations Committee Ignores Years of Engagement and Agreements – CEC

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Five Things to Know in World Business Today

By Mikael Holter and Christian Wienberg  Jan 8, 2020 (Bloomberg)Equinor ASA just unveiled its most ambitious climate plan yet, but it isn’t enough to get Norway’s biggest oil company off the exclusion list of a major Danish pension fund.State-controlled Equinor wants to make its production in Norway carbon neutral by 2050. Yet critics say it … Read moreFive Things to Know in World Business Today

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OPEC Seeks to Reassure Oil Market on Spiking Mideast Tension

By Mahmoud Habboush, Anthony DiPaola and Verity Ratcliffe Jan 8, 2020 (Bloomberg) OPEC and one of its biggest producers sought to tamp down concerns over Middle Eastern oil supply on Wednesday after Iran fired missiles at U.S. forces in Iraq.Global crude markets are well supplied, and the Organization of Petroleum Exporting Countries and allied producers will … Read moreOPEC Seeks to Reassure Oil Market on Spiking Mideast Tension

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CN Rail Strike Takes a Toll on Canada’s Trade Balance

By Shelly Hagan Jan 7, 2020 (Bloomberg) Canada’s trade gap reached C$1.1 billion ($847 million) in November after a multi-day rail strike disrupted transportation of key goods, causing exports to drop for a third straight month and raising concerns about the strength of the domestic economy. The headline figure slightly beat economist expectations for a C$1.2 billion trade deficit, … Read moreCN Rail Strike Takes a Toll on Canada’s Trade Balance

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Heavy discount unchanged, remains large on high storage levels

January 7, 2020 Reuters The discount on Canadian heavy crude was unchanged versus U.S. benchmark West Texas Intermediate (WTI) crude on Tuesday, but remained large due to large stockpiles and limited pipeline space.Alberta oil storage levels are high after a temporary Keystone pipeline outage last year and with production steady, a Calgary industry source said. The … Read moreHeavy discount unchanged, remains large on high storage levels

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Canadian Crude Oil Prices Expected to Strengthen in 2020 – Deloitte

Prospects for higher natural gas prices could also help bolster balance sheets CALGARY, ALBERTA (January 7, 2020) – Ongoing international trade tensions and the risk of a continuing oversupply of crude oil helped push global oil prices lower at the beginning of the final quarter of 2019, while Canadian oil prices remained under pressure due … Read moreCanadian Crude Oil Prices Expected to Strengthen in 2020 – Deloitte

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XI Technologies: January 2020 Expiring Land Report – Are there opportunities for you?

Each week, XI Technologies scans its unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you’d like to receive our Wednesday Word to the Wise in your inbox, subscribe here.  XI Technologies looks at expiring land every month because it can provide … Read moreXI Technologies: January 2020 Expiring Land Report – Are there opportunities for you?

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Gemini Fabrication nerves of steel: We bring your structure to life

Gemini Feature Logo 400x270

Gemini has over 20 years’ experience as a CWB shop. Our structural and site steel capabilities provide the fastest turnaround to all your structural applications. Our lean manufacturing process offers high value to all clients and their projects. Pipe Racks. Pipe Supports. Skids. Platforms. Stairs. Ladders structural modules and more! Specifications: Shop cutting and fabrication … Read moreGemini Fabrication nerves of steel: We bring your structure to life

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Commentary: Alberta’s Road to Recovery: Optimism for 2020 – Koleya Karringten

By Koleya Karringten At the start of a brand-new year, it’s always a time for reflecting on the lessons of the past and envisioning a path to the future we want to create. If you’re like most of the people I’ve spoken to over the holidays, there’s a definite air of relief at the end … Read moreCommentary: Alberta’s Road to Recovery: Optimism for 2020 – Koleya Karringten

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DTN
GLJ Petroleum Consultants Ltd.
Fusion Production Systems Inc
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Clear Glycol Inc.
Enverus

Calima Energy Canadian Operations – Delivered through CWL Energy’s Asset Management Team

CWL Energy Management Feature 400x270

Asset Management Services   CWL Energy Management (CWL Energy), based in Calgary, Alberta provides full-service oil and gas Asset Management services to industry. Our qualified professionals work with organizations to manage the complete value chain of asset management, from prospect generation through to sales, including production operations, engineering & geoscience, HSER, land and accounting services.  … Read moreCalima Energy Canadian Operations – Delivered through CWL Energy’s Asset Management Team

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DTN
Hy-Lok Distribution Inc
GLJ Petroleum Consultants Ltd.
Catch Engineering
Fusion Production Systems Inc
Enverus
Clear Glycol Inc.
Pacbrake Company

Alberta fires back at UN committee for criticism of energy megaprojects

EDMONTON — Alberta’s energy minister says the United Nations is an unelected, unaccountable body that has no business criticizing Canada’s energy megaprojects.
Sonya Savage, in a statement, says that it’s the job of elected leaders, not the UN, to mak…

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Hy-Lok Distribution Inc
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DTN
Fusion Production Systems Inc
Pacbrake Company
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Cona Resources Completes Acquisition of Pengrowth Energy Corporation

January 7, 2020 CNW CALGARY – Cona Resources Ltd. (“Cona”), a portfolio company of Waterous Energy Fund (“WEF”), today announced the completion of its acquisition of Pengrowth Energy Corporation (“Pengrowth”) for approximately C$740 million. With the Pengrowth acquisition, Cona is the largest privately-owned heavy oil producer in North America, with production of 35,000 boe/d and an industry-leading base decline … Read moreCona Resources Completes Acquisition of Pengrowth Energy Corporation

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Catch Engineering
DTN
Hy-Lok Distribution Inc
GLJ Petroleum Consultants Ltd.
Clear Glycol Inc.
Enverus
Pacbrake Company
Fusion Production Systems Inc

Oil Falls After Surging to Three-Month High on U.S.-Iran Clash

By Sharon Cho and Grant Smith  Jan 7, 2020 (Bloomberg) Oil fell from a three-month high in London as traders waited to see whether the clash between the U.S. and Iran would lead to a disruption in Middle East crude supplies. Brent futures retreated toward $68 a barrel after a two-day surge following a U.S. airstrike … Read moreOil Falls After Surging to Three-Month High on U.S.-Iran Clash

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GLJ Petroleum Consultants Ltd.
Hy-Lok Distribution Inc
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DTN
Pacbrake Company
Fusion Production Systems Inc
Clear Glycol Inc.
Enverus

Five Things to Know in World Business Today

By Lorcan Roche Kelly Jan 7, 2020 (Bloomberg)U.S.-Iran saber-rattling continues, markets bounce back and oil traders calm down. Here are some of the things people in markets are talking about today. Threat and counter-threat The head of Iran’s national security council said the country is assessing 13 scenarios in response to the killing of a powerful general, adding that even … Read moreFive Things to Know in World Business Today

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DTN
Hy-Lok Distribution Inc
Catch Engineering
GLJ Petroleum Consultants Ltd.
Enverus
Fusion Production Systems Inc
Pacbrake Company
Clear Glycol Inc.

Oil Giant Reveals Survival Tactics in Age of Climate Anxiety

By Mikael Holter  Jan 7, 2020 (Bloomberg) The largest oil company in western Europe’s biggest petroleum exporter wants to drastically cut its carbon footprint.Equinor ASA, which is based in the Norwegian town of Stavanger on the edge of the North Sea, is trying to adapt its business model to a world increasingly alarmed by the fallout … Read moreOil Giant Reveals Survival Tactics in Age of Climate Anxiety

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DTN
Catch Engineering
Hy-Lok Distribution Inc
GLJ Petroleum Consultants Ltd.
Pacbrake Company
Enverus
Fusion Production Systems Inc
Clear Glycol Inc.

Questerre reports on corporate developments at Red Leaf Resources

January 07, 2020| Source: Questerre Energy Corporation 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. 07, 2020 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today that its investee company, Red Leaf Resources Inc. … Read moreQuesterre reports on corporate developments at Red Leaf Resources

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GLJ Petroleum Consultants Ltd.
Hy-Lok Distribution Inc
DTN
Catch Engineering
Clear Glycol Inc.
Enverus
Fusion Production Systems Inc
Pacbrake Company

Precision Drilling Announces Updates on Debt Repayment, Share Repurchases, Liquidity and 2020 Capital Expenditure Plan

January 07, 2020  | Source: Precision Drilling Corporation This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For important information with respect to such forward-looking information and statements and the further assumptions and risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in … Read morePrecision Drilling Announces Updates on Debt Repayment, Share Repurchases, Liquidity and 2020 Capital Expenditure Plan

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Hy-Lok Distribution Inc
GLJ Petroleum Consultants Ltd.
Catch Engineering
DTN
Fusion Production Systems Inc
Clear Glycol Inc.
Enverus
Pacbrake Company

Trudeau Government Spending Hits All-Time High, Including Years of War and Recession – Fraser Institute

VANCOUVER—Prime Minister Justin Trudeau’s government has now recorded the highest ever per-person spending level of any federal government, including those that fought wars or faced recessions, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “This high level of spending could lead to a rapid deterioration of … Read moreTrudeau Government Spending Hits All-Time High, Including Years of War and Recession – Fraser Institute

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DTN
Catch Engineering
Hy-Lok Distribution Inc
GLJ Petroleum Consultants Ltd.
Fusion Production Systems Inc
Enverus
Clear Glycol Inc.
Pacbrake Company

Geopolitics – Energy & the Environment in Times of Conflict – Maureen McCall

Maureen McCall Canadians woke up to a new geopolitical reality last Friday morning, only three days into the New Year and a new decade. The US airstrike in Iraq that killed Qassem Suleimani has raised concerns that the escalation of the US-Iran conflict could disrupt crude oil supply. The conflict has pivoted the focus of … Read moreGeopolitics – Energy & the Environment in Times of Conflict – Maureen McCall

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GLJ Petroleum Consultants Ltd.
Hy-Lok Distribution Inc
DTN
Catch Engineering
Pacbrake Company
Fusion Production Systems Inc
Clear Glycol Inc.
Enverus

Pipeline promise: 2020 rings in progress on long-awaited energy projects – CEC

Published by Canadian Energy Centre  Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Enbridge workers pose next to the new Line 3 pipeline in Canada that got the go ahead in December. Photograph courtesy Enbridge As the sun rises on 2020, the year kicks off as a busy one … Read morePipeline promise: 2020 rings in progress on long-awaited energy projects – CEC

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Catch Engineering
DTN
GLJ Petroleum Consultants Ltd.
Hy-Lok Distribution Inc
Pacbrake Company
Enverus
Fusion Production Systems Inc
Clear Glycol Inc.

Here’s How Oil Sands Innovators Are Pioneering Technologies That Could Change the World – CEC

Updated by Shawn Logan on January 6, 2020 Published by Canadian Energy Centre  Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter GHGSat-D, a satellite that monitors greenhouse gas emissions, is one of hundreds of technologies spearheaded by COSIA. Photograph courtesy GHGSat Inc. From the nation’s energy heartland to Earth’s … Read moreHere’s How Oil Sands Innovators Are Pioneering Technologies That Could Change the World – CEC