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Gastech Exhibition & Conference – Register for Your FREE Visitor Pass: Houston – Sept 17-19, 2019

Gastech_2019_400x270 Feature

We would like to invite you to register for your free visitor pass to attend the Gastech Exhibition and join 35,000 of your gas, LNG & energy colleagues & peers! REGISTER FOR FREE From 17 – 19 September at the NRG Center in Houston, you will have the unique opportunity to: Visit the world’s largest gas, LNG … Read moreGastech Exhibition & Conference – Register for Your FREE Visitor Pass: Houston – Sept 17-19, 2019

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NEB announces next steps for the Trans Mountain Expansion Project

Decision outlines how regulatory processes will resume News Release For Immediate Release July 19, 2019 – Calgary, Alberta – National Energy Board The NEB has decided how regulatory processes for the Trans Mountain Expansion Project (Project) will continue, including detailed route and condition compliance processes. NEB decisions and orders issued prior to the Federal Court of … Read moreNEB announces next steps for the Trans Mountain Expansion Project

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Oil Jumps as Tanker Seizures Escalate Persian Gulf Tensions

Oil-Prices

By Harkiran Dhillon Jul 19, 2019 (Bloomberg) – Oil jumped in after-market trading following the Iranian Revolutionary Guard Corp seizing a British oil tanker and a Liberian-flagged ship in the Strait of Hormuz, raising stakes in the critical oil chokepoint.Brent futures rose as much as 1.4% from its settlement, while WTI futures also edged higher … Read moreOil Jumps as Tanker Seizures Escalate Persian Gulf Tensions

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

July 19, 2019 Reuters  U.S. energy firms this week reduced the number of oil rigs operating for a third week in a row as drillers follow through on plans to cut spending with oil prices declining amid a global supply glut. Drillers cut five oil rigs in the week to July 19, bringing the total count … Read moreU.S. oil drillers cut rigs for third week in a row -Baker Hughes

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Canada Weekly Rig Count Up 1 for Week Ending July 19, 2019

Canada’s drilling rig count up 1 actively drilling rigs according to data collected by Baker Hughes for the week ending July 19, 2019 From one week ago, Alberta rig counts increased 1 to 63 and the Saskatchewan rig count stayed at 39. Oil drilling decreased 2 to 83 and gas increased 3 to 35.   … Read moreCanada Weekly Rig Count Up 1 for Week Ending July 19, 2019

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Canada’s 220,000-bpd Hibernia oil platform halts production for second day after spill

July 18, 2019 Reuters Production was shut down for a second day at the 220,000-barrel-per-day Hibernia oil platform off the coast of Atlantic Canada as crews worked to clean up an oil spill into the ocean, Hibernia’s largest shareholder ExxonMobil Corp said on Thursday.A sheen was first spotted on the water near the platform on Wednesday … Read moreCanada’s 220,000-bpd Hibernia oil platform halts production for second day after spill

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IEA does not expect “huge increase” in crude prices

July 19, 2019 The International Energy Agency (IEA) doesn’t expect oil prices to rise significantly because demand is slowing and there is a glut in global crude markets, its executive director said on Friday. “Prices are determined by the markets…If we see the market today we see that the demand is slowing down considerably,” said … Read moreIEA does not expect “huge increase” in crude prices

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Oil Pares Steep Weekly Loss as U.S. Says It Downed Iranian Drone

Oil-Prices

By Sharon Cho and Alex Longley Jul 19, 2019 (Bloomberg) Oil snapped four days of losses after the U.S. said it downed an Iranian drone near the Strait of Hormuz, stoking concern crude flows from the Middle East may be disrupted.Futures rose as much as 1.9% in New York, paring their steepest weekly decline since … Read moreOil Pares Steep Weekly Loss as U.S. Says It Downed Iranian Drone

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Five Things to Know in World Business Today

By Lorcan Roche Kelly Jul 19, 2019, 4:30 AM (Bloomberg) China and U.S. speak by phone, central bank easing bets mount, and it could be an interesting weekend in European politics. Here are some of the things people in markets are talking about today. Talking U.S. and Chinese senior officials spoke by phone yesterday, a USTR spokesman … Read moreFive Things to Know in World Business Today

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Pulse Seismic Inc. Reports Q2 2019 Results

July 18, 2019  | Source: Pulse Seismic Inc. CALGARY, Alberta, July 18, 2019 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or “the Company”) is pleased to report its financial and operating results for the three and six months ended June 30, 2019. The unaudited condensed consolidated interim financial statements, accompanying notes and MD&A are … Read morePulse Seismic Inc. Reports Q2 2019 Results

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Suncor Energy releases 2019 Report on Sustainability

July 18, 2019 Globe Newswire All financial figures are in Canadian dollars    CALGARY, Alberta, July 18, 2019 (GLOBE NEWSWIRE) — Suncor today released its annual Report on Sustainability which details the company’s environmental, social and economic performance. Suncor’s perspective on the challenges and opportunities of climate change, and the transition to a low-carbon economy are contained in … Read moreSuncor Energy releases 2019 Report on Sustainability

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Canada Gas Producers Seek Royalty Help to Tame Wild Market

By Kevin Orland and Robert Tuttle Jul 18, 2019 Canadian natural gas producers are asking Alberta’s government to give drillers a break on their royalty payments in return for cutting back output during periods of heavy pipeline maintenance, a bid to smooth out the province’s volatile gas market.That would give producers an incentive to dial … Read moreCanada Gas Producers Seek Royalty Help to Tame Wild Market

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From Startup to Game Changer: My Path to Commercialization – Koleya Karringten (Absolute Combustion International)

Koleya Karringten I was with my young son the other day, unwinding and spending some quality time while watching a show on the Discovery Channel – one of those nature programs with a soothing British narrator. Turtle eggs were hatching on a beautiful Caribbean beach; as thousands of tiny babies raced across the sand, dodging … Read moreFrom Startup to Game Changer: My Path to Commercialization – Koleya Karringten (Absolute Combustion International)

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Five Things to Know in World Business Today

By Lorcan Roche Kelly Jul 18, 2019 (Bloomberg)Trade talks difficulty, Iran’s Hormuz threat, and another big day for earnings. Here are some of the things people in markets are talking about today. Key demands President Donald Trump’s continued complaints about China’s lack of agricultural concessions and Beijing’s insistence on the easing of trade restrictions on technology giant Huawei Technologies Co. mean … Read moreFive Things to Know in World Business Today

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Capstone Saves client 40% on abandonment using Ventmeter Technology

Capstone Logo Feature

Capstone recently saved additional remediation work on an abandonment for a client in southern Alberta. They were able to do this by definitively showing a marked reduction in flow and pressure on the surface casing vent that would not have passed a bubble test for several days utilizing their unique Ventmeter technology during abandonment operations. … Read moreCapstone Saves client 40% on abandonment using Ventmeter Technology

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What Do Millennials Want in A Perfect Job? Have a Read and Find Out!

Careers Feature

By Sophie Alexander (Bloomberg) Welcome to Bloomberg Work Wise, a series of reports aimed at helping young professionals navigate their way to financial and career success. The cliche about young professionals (one of them anyway) is they won’t settle for a job that just pays well—it has to be something they want to do. It has … Read moreWhat Do Millennials Want in A Perfect Job? Have a Read and Find Out!

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Oil Rises After Iran Confirms It Seized Fuel Tanker in the Gulf

By Alex Longley  Jul 18, 2019 Oil extended gains after Iran confirmed it had seized a foreign oil tanker in the Persian Gulf earlier this week.Brent crude gained as much as 1.3%, reversing some of the heavy losses the global benchmark suffered in the previous two sessions. Iran’s Revolutionary Guards said it captured a foreign vessel … Read moreOil Rises After Iran Confirms It Seized Fuel Tanker in the Gulf

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Enbridge delays open season for bids on Mainline oil pipeline system -sources

July 17, 2019 Reuters Enbridge Inc has delayed the start of an open season to solicit bids for contracted space on its Mainline oil pipeline system, North America’s largest oil-shipping network, three market sources told Reuters on Wednesday. The reason for the delay was not immediately clear. Canadian pipeline company Enbridge plans to turn the Mainline … Read moreEnbridge delays open season for bids on Mainline oil pipeline system -sources

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Kinder Morgan Canada Limited Declares Dividend and Announces Results for Second Quarter of 2019

July 17, 2019 CNW CALGARY, July 17, 2019 /CNW/ – The Kinder Morgan Canada Limited (TSX: KML) board of directors has declared a dividend for the second quarter of 2019 of  $0.1625 per restricted voting share ($0.65 annualized), payable on August 15, 2019, to restricted voting shareholders of record as of July 31, 2019.  KML’s restricted voting share dividends are eligible dividends … Read moreKinder Morgan Canada Limited Declares Dividend and Announces Results for Second Quarter of 2019

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Prairie Provident Announces Continued Drilling and Operational Success and Provides Select Preliminary Q2 2019 Highlights

July 17, 2019 | Source: Prairie Provident Resources Inc. CALGARY, Alberta, July 17, 2019 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) is pleased to provide an operational update outlining the successful initial results from a new well, which supports the Company’s established asset base within the southern portion of its core … Read morePrairie Provident Announces Continued Drilling and Operational Success and Provides Select Preliminary Q2 2019 Highlights

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Fraser Institute – Bills C-69 and C-48 further damage investment climate of Canada’s energy sector while U.S. investment soars

VANCOUVER—The ability of Canada’s energy sector to attract investment has been weakened by several government policies in recent years, all the while investment in the United States has soared, finds a new collection of essays released today by the Fraser Institute, an independent, non-partisan Canadian policy think-tank. “While Canada’s energy sector has suffered from insufficient … Read moreFraser Institute – Bills C-69 and C-48 further damage investment climate of Canada’s energy sector while U.S. investment soars

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Point Loma Resources Announces Entering into an Agreement to Market its Wizard Lake Rex Oil Property

July 17, 2019 Accesswire CALGARY, AB / ACCESSWIRE / July 17, 2019 / Point Loma Resources Ltd. (TSX VENTURE: PLX) (the “Corporation” or “Point Loma”) is pleased to announce the retention of Mackie Research Capital Corporation (“MRCC”) to market the Corporation’s Wizard Lake Rex oil property in central Alberta. Highlights: MRCC and Point Loma have … Read morePoint Loma Resources Announces Entering into an Agreement to Market its Wizard Lake Rex Oil Property

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Five Things to Know in World Business Today

By Lorcan Roche Kelly Jul 17, 2019 (Bloomberg)Trump bangs the tariff drum again, debt limit talks, and Wall Street earnings roll in. Here are some of the things people in markets are talking about today. Tariff reminder President Donald Trump reiterated that he could add more tariffs to Chinese imports  if he wants. His comments hit stocks in the … Read moreFive Things to Know in World Business Today

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Canadian Heavy Crude Surges as Crude-by-Rail Shipments Pick Up

By Robert Tuttle and Kevin Orland Jul 17, 2019 (Bloomberg) Heavy Canadian crude prices narrowed to the smallest discount against U.S. benchmark futures since April as crude-by-rail shipments were forecast to increase.Western Canadian Select, an oil sands benchmark, shrank $1.30 to $9.20 a barrel below West Texas Intermediate crude Tuesday, data compiled by Bloomberg show. … Read moreCanadian Heavy Crude Surges as Crude-by-Rail Shipments Pick Up

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Connacher Oil and Gas Limited Announces Creditor and Court Approval of Restructuring and Extension of CCAA Stay of Proceedings

CALGARY, July 16, 2019 /CNW/ – Connacher Oil and Gas Limited (“Connacher” or the “Company”) is pleased to announce the approval of the Company’s Plan of Compromise and Arrangement, as amended and restated in accordance with its terms (the “Plan”), by the required majorities of affected creditors and the Court of Queen’s Bench of Alberta (the “Court”) in the … Read moreConnacher Oil and Gas Limited Announces Creditor and Court Approval of Restructuring and Extension of CCAA Stay of Proceedings

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Heavy discount edges wider as monthly trade cycle ends

July 16, 2019 Reuters The differential on Canadian heavy crude widened slightly on Tuesday as the monthly trading window drew to a close:  Western Canada Select (WCS) heavy blend crude for August delivery in Hardisty, Alberta, settled at $9.50 per barrel below West Texas Intermediate (WTI) oil, according to Net Energy Exchange. On Monday, WCS for … Read moreHeavy discount edges wider as monthly trade cycle ends

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FortisBC signs Canada’s first long-term contract to supply LNG for China

July 16, 2019 Reuters FortisBC has signed Canada’s first long-term supply agreement to produce liquefied natural gas for export to China, the company said in a statement on Tuesday.Under the two-year agreement with China’s Top Speed Energy Corp, 53,000 tonnes of LNG will be shipped from the Tilbury facility in British Columbia to China by summer … Read moreFortisBC signs Canada’s first long-term contract to supply LNG for China

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XI Technologies: Adopting a Well Data Management Approach for Liabilities

Each week, XI Technologies scans their 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.  Following the Supreme Court of Canada Redwater decision in January in favour … Read moreXI Technologies: Adopting a Well Data Management Approach for Liabilities

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Insight Analytical: Addressing Safety Concerns of Sample Collection

Insight Analytical Logo Feature 400x270

The Insight Analytical automated floating piston sampler is designed to completely automate the sample collection process. In removing the human element it also removes the variance in collection technique, the risk to the health of your operators, and the time spent collecting and managing samples. Also saves your company money in reduced manpower needs. Features … Read moreInsight Analytical: Addressing Safety Concerns of Sample Collection

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STEP Energy Services Launches Online Bi-Fuel Savings Calculator

Step Energy Services Feature

Calgary, AB (July 17, 2019) – Calculating your estimated cost savings has never been easier. This week STEP has launched an online savings calculator that operators can use to estimate their cost savings when they use STEP’s bi-fuel fracturing fleet. Bi-fuel pumps use a mixture of natural gas and diesel which reduces diesel usage, improves operational efficiency … Read moreSTEP Energy Services Launches Online Bi-Fuel Savings Calculator

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High Temperature Life Assessment Conference (HTLAC 2019)

Stress Engineering Feature Logo 400x270

August 27 – 29, 2019 Cincinnati Marriott Northeast Mason, Ohio Register Today! The High Temperature Life Assessment Conference will focus on design, inspection, testing, fitness-for-service, and remaining life assessments of components operating in the high temperature regime, with emphasis on creep, creep fatigue interaction, high-temperature fracture mechanics, and high-temperature hydrogen attack. There will be a … Read moreHigh Temperature Life Assessment Conference (HTLAC 2019)

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Companies to appear before panel today in public inquiry into B.C. gas prices

VANCOUVER — Four oil and gas companies are expected to answer questions today about how they use the Trans Mountain pipeline, how refinery closures affect their prices and other factors that could contribute to British Columbia’s volatile prices at th…

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Climate Emergency? Eliminate Tourism!

By David Yager – July 16, 2019 EnergyNow.ca Ottawa’s recent “climate emergency” declaration demands decisive action. Even if we act now the word “emergency” means it’s already too late. Fire prevention is proactive. Fire control is emergency response. Federal Energy Minister Catherine McKenna assures us forest fires, floods and droughts can be mitigated by impeding … Read moreClimate Emergency? Eliminate Tourism!

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Alberta economy doing better than expected in June forecast, TD economists note

CALGARY — Encouraging data points are forcing economists to consider upgrading their expectations for weak 2019 economic growth in Alberta as the province continues to recover from the effects of extreme heavy oil price weakness late last year.
The pr…

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Five Things to Know in World Business Today

By Sam Unsted  Jul 16, 2019 (Bloomberg) Good morning. Increasingly hostile Brexit talks, phone calls about trade and the debate surrounding Facebook’s Libra cryptocurrency. Here’s what’s moving markets. Hostile Talks The meeting held between the chief negotiators on either side of Brexit was among the most difficult encounters held in the past three years, according to European … Read moreFive Things to Know in World Business Today

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Oil Steady on Lower U.S. Stockpile Forecast While Storm Eases

By Tsuyoshi Inajima and Alex Longley  Jul 16, 2019 (Bloomberg) Oil traded near $60 a barrel amid forecast U.S. crude inventories fell for a fifth week, while some production in the Gulf of Mexico is returning as a tropical storm eased.Futures were up 0.2% in New York after sliding 1.1% on Monday. Oil producers and refiners along … Read moreOil Steady on Lower U.S. Stockpile Forecast While Storm Eases

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Federal Politics: CPC lead holds, but as Liberals begin to climb, will their task be simple, or Sisyphean?

Four-in-ten Canadians, and six-in-ten CPC supporters, are absolutely certain of their vote in October July 16, 2019 – While the Conservative Party of Canada maintains a comfortable eight-point lead over the governing Liberals, all eyes are on the latter party to see if its slow increase in voter intention over the last three months will maintain … Read moreFederal Politics: CPC lead holds, but as Liberals begin to climb, will their task be simple, or Sisyphean?

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PERMIAN WATCH: America’s Hottest Shale Play Is Slowing Down

By Ryan Collins Jul 16, 2019 (Bloomberg) The engine of America’s shale boom is beginning to sputter. Slowing Growth The almost relentless thrust that has doubled crude output from the Permian Basin in three years is showing some signs of waning. Oil flows from the formation spanning West Texas and New Mexico are set to … Read morePERMIAN WATCH: America’s Hottest Shale Play Is Slowing Down

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Chevron Seeks All-Electric Canada LNG Plant to Cut Emissions

By Natalie Obiko Pearson  Jul 15, 2019 (Bloomberg) Chevron Corp. is seeking approval to modify its plans for a liquefied natural gas export facility on Canada’s Pacific Coast to an all-electric design that it says will result in the lowest greenhouse-gas emissions per ton of LNG of any large project in the world.Chevron and its … Read moreChevron Seeks All-Electric Canada LNG Plant to Cut Emissions

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Heavy crude discount shrinks

July 15, 20195 Reuters The differential on Canadian heavy crude narrowed on Monday to trade at the tightest discount since April: * Western Canada Select (WCS) heavy blend crude for August delivery in Hardisty, Alberta, settled at $9.15 per barrel below West Texas Intermediate (WTI) oil, according to Net Energy Exchange. On Friday, WCS for August … Read moreHeavy crude discount shrinks

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U.S. Shale Fracklog Keeps Falling as Drillers Face Investor Pressure

By Stephen Cunningham Jul 15, 2019 (Bloomberg) The fracklog in major U.S. shale plays fell for a fourth straight month, the longest stretch of declines since 2016, as producers came under intense pressure from shareholders to rein in costs while boosting output.The number of drilled but uncompleted wells, or DUCs, fell by 41 to 8,248 … Read moreU.S. Shale Fracklog Keeps Falling as Drillers Face Investor Pressure

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Gasoline companies to speak at public inquiry into B.C. pump prices Wednesday

VANCOUVER — An industry expert says a public inquiry into British Columbia’s record-breaking gasoline prices may increase the public’s understanding of a murky market but the provincial government’s options for response are limited.
Michael Ervin, sen…

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Five Things to Know in World Business Today

By Lorcan Roche Kelly Jul 15, 2019 China growth slows while outlook improves, Wall Street earnings kick off, and Iran deal on its last legs. Here are some of the things people in markets are talking about today. Slowing? China’s economy slowed to the weakest pace since quarterly data began in 1992, rising 6.2% in the second quarter … Read moreFive Things to Know in World Business Today

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Oil Trades Near $60 on Storm Disruption as Glut Concerns Linger

By Saket Sundria and Alex Longley Jul 15, 2019 (Bloomberg) Oil traded near $60 a barrel after a storm shut almost three-quarters of U.S. Gulf of Mexico crude production, even as lingering demand concerns continue to dent the outlook.Futures rose 0.2% in New York. About 73% of crude output in the Gulf of Mexico was … Read moreOil Trades Near $60 on Storm Disruption as Glut Concerns Linger

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Osprey Informatics is hiring: Account Executive, Calgary

Osprey Logo - December 2018 Update Feature

Osprey Informatics is seeking an energetic, insightful, imaginative and analytical person to join our growing SaaS firm in Calgary, Alberta. In just 5 years Osprey has built a strong product based on real market needs, an energetic and talented team that collaborates daily, and an enviable industry reputation. These strengths have helped Osprey attract a … Read moreOsprey Informatics is hiring: Account Executive, Calgary

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SURPLUS EQUIPMENT: Caterpillar G3608LE A3 Ariel JGC/4 Reciprocating Compressor, 2370 hp – Ironhub

Iron Hub Logo Feature

  Click here to see the specifications for Caterpillar G3608LE A3 Ariel JGC/4 Reciprocating Compressor, 2370 hp   About Marketplace by IronHub Markeplace by IronHub is North America’s leading surplus collaboration tool. Source, connect and save – all in one place. Visit: marketplace.theironhub.com

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EnerTech Staffing and Workforce Solutions is pleased to return to the 2020 Forward Summit

EnerTech Staffing and Workforce Solutions is pleased to return to the 2020 Forward Summit.  We are committed to working with Indigenous communities and industry to advance economic opportunities by increasing participation in the workplace.  To learn more about the Forward Summit please visit their website at www.forwardsummit.ca EnerTech is a Certified Aboriginal Business (CAB), based … Read moreEnerTech Staffing and Workforce Solutions is pleased to return to the 2020 Forward Summit

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Column: Ottawa’s carbon tax is so bad it’s uniting Alberta and Quebec – Franco Terrazzano

July 14, 2019 – Franco Terrazzano Imagine a tax so bad that it’s uniting Alberta and Quebec. With all of the heated rhetoric over pipelines and equalization, that sort of unity seems like an impossibility. But it turns out the tax is all too real and it’s Ottawa’s carbon tax. The Trudeau government has been … Read moreColumn: Ottawa’s carbon tax is so bad it’s uniting Alberta and Quebec – Franco Terrazzano

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We the West? – An Open Letter to the Leaders of each Federal Political Party – Deidra Garyk

by Deidra Garyk Dear Federal Leaders justin.trudeau@parl.gc.ca    andrew.scheer@parl.gc.ca    Jagmeet.Singh@parl.gc.ca   Elizabeth.May@parl.gc.ca   maxime.bernier@parl.gc.ca I’ve been thinking a lot about the win by the Toronto Raptors, Canada’s only basketball team. I don’t watch a lot of sports. Well, I don’t really watch any sports. But I enjoy basketball, so I was excited about the Raptors’ success and found myself … Read moreWe the West? – An Open Letter to the Leaders of each Federal Political Party – Deidra Garyk

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Trudeau stresses balancing economy, environment during brief Stampede visit – Wants a “thank-you” for TMX

CALGARY — Prime Minister Justin Trudeau has told Liberal supporters their party is best positioned to get major projects like the Trans Mountain pipeline expansion built because it’s able to take “difficult compromise positions” between growing the ec…

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Your 12 Month Digital Marketing Plan on EnergyNow – Generate Exposure & Leads:

Welcome to Your 12 Month Digital Marketing Plan on EnergyNow EnergyNow uses all of its Marketing Platforms to Promote Your Company (Website, Daily Email, EnergyNow SHOWCASE, Social Media etc.) Marketing on EnergyNow is Designed to: Focus on your company’s target market Consistently get your company marketing exposure for a Whole Year on EnergyNow Effectively market your products and services or … Read moreYour 12 Month Digital Marketing Plan on EnergyNow – Generate Exposure & Leads:

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Marksmen Announces Increase and Extension of Private Placement

July 12, 2019 17:23 ET | Source: Marksmen Energy CALGARY, Alberta, July 12, 2019 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (“Marksmen” or the “Company”) announces that it is increasing its previously announced non-brokered private placement of units (the “Units”) of Marksmen at a price of $0.05 per Unit by $150,000 for aggregate gross proceeds of up to … Read moreMarksmen Announces Increase and Extension of Private Placement

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STEP Energy Services Ltd. to Announce Second Quarter Results and Host Conference Call; Appoints Rob Kukla as Director, Corporate Development

Step Energy Services Feature

July 12, 2019 07:00 ET | Source: STEP Energy Services Ltd. CALGARY, Alberta, July 12, 2019 (GLOBE NEWSWIRE) — STEP Energy Services Ltd. (“STEP”) intends to release its 2019 second quarter results on Thursday, August 8, 2019 before markets open and will host a conference call at 8:00 a.m. MT (10:00 a.m. ET) on the same morning. … Read moreSTEP Energy Services Ltd. to Announce Second Quarter Results and Host Conference Call; Appoints Rob Kukla as Director, Corporate Development

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Heavy crude differential tightens further

July 12, 2019 Reuters The discount on Canadian heavy crude narrowed on Friday to trade at less than $11 a barrel:* Western Canada Select (WCS) heavy blend crude for August delivery in Hardisty, Alberta, last traded at $10.65 per barrel below West Texas Intermediate (WTI) oil, according to Net Energy Exchange. On Thursday, WCS for August … Read moreHeavy crude differential tightens further

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Alberta, Quebec seek to intervene in B.C. appeal to Supreme Court on pipelines

EDMONTON — Alberta and Quebec want to have their say when British Columbia goes to the Supreme Court for a ruling on who is in charge of interprovincial projects like pipelines.
Both provinces say they have filed a notice of intervention in B.C.’s app…

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Canada Weekly Rig Count Down 3 for Week Ending July 12, 2019

Canada’s drilling rig count down 3 actively drilling rigs according to data collected by Baker Hughes for the week ending July 12, 2019 From one week ago, Alberta rig counts decreased 3 to 62 and the Saskatchewan rig count increased 3 to 39. Oil drilling increased 5 to 85 and gas decreased 8 to 40. … Read moreCanada Weekly Rig Count Down 3 for Week Ending July 12, 2019

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Trudeau visits Alberta pipeline site, says national unity is not under threat – Will visit Calgary today

EDMONTON — Prime Minister Justin Trudeau is dismissing claims by conservative politicians that national unity is under threat.
The Liberal leader says conservative politicians are playing petty politics, which is hurting people across the country.
“Co…

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U.S. oil drillers cut rigs for second week in a row – Baker Hughes

Reuters U.S. energy firms this week reduced the number of oil rigs operating for a second week in a row as drillers follow through on plans to cut spending this year. Drillers cut four oil rigs in the week to July 12, bringing the total count down to 784, the lowest since February 2018, General … Read moreU.S. oil drillers cut rigs for second week in a row – Baker Hughes

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Oil Heads for Weekly Gain as Supply Risks Buoy Fragile Market

By Grant Smith and Tsuyoshi Inajima  Jul 12, 2019 (Bloomberg) Oil headed for a weekly increase as a storm in the Gulf of Mexico and simmering Middle East tensions supported the market, though the outlook remained clouded by concerns of a renewed surplus.Futures rose 0.5% in New York on Friday, pushing this week’s increase above … Read moreOil Heads for Weekly Gain as Supply Risks Buoy Fragile Market

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Oil Surplus Makes Surprise Return Despite OPEC Cuts, IEA Says

IEA Logo Feature

By Grant Smith Jul 12, 2019 (Bloomberg) Global oil stockpiles swelled surprisingly in the first half of this year as production cuts by OPEC and its partners failed to prevent the return of a surplus, the International Energy Agency said.World supply exceeded demand at a rate of 900,000 barrels a day during the first six … Read moreOil Surplus Makes Surprise Return Despite OPEC Cuts, IEA Says

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Cracks Show in the Permian’s Promise as Shale Producers Retrench

By Kevin Crowley and Rachel Adams-Heard Jul 12, 2019 (Bloomberg) The promise of the Permian is shrinking.Producers in the nation’s oil-rich shale basins are dialing back growth plans in the face of a growing panoply of problems that’s killing returns, and keeping skeptical investors away.The constraints are manifold: pipeline limits, reduced flow from wells drilled … Read moreCracks Show in the Permian’s Promise as Shale Producers Retrench

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Five Things to Know in World Business Today

By Lorcan Roche Kelly (Bloomberg) Fed chiefs swim against dovish tide, trade-war damage piles up, and another an oil-market warning. Here are some of the things people in markets are talking about today. Not so fast.. Markets have a July rate cut from the Federal Reserve as the base case following Chair Jerome Powell’s two-day testimony to … Read moreFive Things to Know in World Business Today

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Pieridae Negotiates Extensions of Key Deadlines in Its Long-Term LNG Agreement With Uniper

July 11, 2019 Globe Newswire CALGARY, Alberta, July 11, 2019 (GLOBE NEWSWIRE) — Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) today announced it has negotiated extensions of the key deadlines under its 20-year agreement with German utility Uniper. These include expected commercial deliveries of gas to Uniper to start between November 30th, 2024 and May 31st, … Read morePieridae Negotiates Extensions of Key Deadlines in Its Long-Term LNG Agreement With Uniper

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Delphi Energy Corp. Announces Extension of Credit Facility

July 11, 2019 Globe Newswire CALGARY, Alberta, July 11, 2019 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“Delphi” or the “Company”) announces that the annual borrowing base redetermination of its senior credit facility has been finalized. The amended credit facility has a borrowing base of $100.0 million reducing to $90.0 million upon the earlier of September 30, 2019 and the … Read moreDelphi Energy Corp. Announces Extension of Credit Facility

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Besting U.S. Growth Is Canada’s Ticket to Defying Easing Spree

By Luke Kawa Jul 11, 2019 The Bank of Canada’s firmly entrenched holding pattern on rates will be put to the test by the country’s ability to withstand a deceleration in the world’s largest economy and its biggest trading partner.The Ottawa-based central bank left the overnight rate unchanged at 1.75% on Wednesday for a sixth straight decision, … Read moreBesting U.S. Growth Is Canada’s Ticket to Defying Easing Spree

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What will new fuel standards do to gas prices? The Baloney Meter Weighs In

OTTAWA — “Your secret fuel tax will undoubtedly increase the cost of gasoline by at least another four cents a litre, a fact you continue to hide.”  — Conservative Leader Andrew Scheer in a letter to Prime Minister Justin Trudeau

Conservative Lead…

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Five Things to Know in World Business Today

July 11, 2019 by EnergyNow Media By Lorcan Roche Kelly Jul 11, 2019 (Bloomberg) Day two of Powell, things are heating up in the Persian Gulf, and ECB minutes due. Here are some of the things people in markets are talking about today. Over easy Fed Chairman Jerome Powell is in the Senate today for his second … Read moreFive Things to Know in World Business Today

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Saudis Do Heavy Lifting on OPEC+ Cuts as U.S. Shale Oil Surges

By Anthony DiPaola Jul 11, 2019 (Bloomberg) Saudi Arabia is fulfilling its pledge to make deeper cuts in oil output than the OPEC+ agreement on output requires, according to the first indication of the kingdom’s production since the supplier group extended curbs earlier this month.The de facto leader of the Organization of Petroleum Exporting Countries … Read moreSaudis Do Heavy Lifting on OPEC+ Cuts as U.S. Shale Oil Surges

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Cenovus achieves landmark business milestone

cenovus-logo

One billion barrels of cumulative oil sands production July 11, 2019 06:00 ET | Source: Cenovus Energy Inc Cenovus’s Christina Lake project Cenovus’s Christina Lake project in northern Alberta uses steam-assisted gravity drainage (SAGD) to produce oil. Cenovus Energy Inc. Cenovus’s Foster Creek project in northern Alberta Steam generators at Cenovus’s Foster Creek project in northern Alberta. … Read moreCenovus achieves landmark business milestone

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A Better Future Demands Better Roadbuilding Techniques Today – Paradox Access Solutions

By Marc Breault, President, Paradox Access Solutions For most of us, roads are long stretches of pavement that serpentine through the countryside and keep our cities organized in neat grids. But – as with anything – there’s a lot more going on beneath the surface. Across the earth, the composition and compactness of the ground … Read moreA Better Future Demands Better Roadbuilding Techniques Today – Paradox Access Solutions

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Hy-Lok Canada: Your Source for CNG Fittings and Components

Hy-Lok Logo Feature 1 400x270

Since 1977, Hy-Lok Canada has become a top manufacturer and supplier of valve and fitting solutions for industry leaders worldwide. With a dedication to creating the highest quality products, continuous innovation, and customer service that’s second to none, Hy-Lok is proud to be a trusted name throughout Canada, as well as around the globe. Hy-Lok … Read moreHy-Lok Canada: Your Source for CNG Fittings and Components

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Quebec premier at odds with Alberta and Saskatchewan over Energy East pipeline

SASKATOON — Alberta’s premier says it doesn’t matter if Quebec opposes the idea of an oil pipeline as part of the Energy East project — the federal government should step in and make it happen.
Jason Kenney said he and Quebec Premier Francois Legault …

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Heavy crude differential narrows slightly

July 10, 2019 Reuters The discount on Canadian heavy crude narrowed slightly on Wednesday:* Western Canada Select (WCS) heavy blend crude for August delivery in Hardisty, Alberta, last traded at $11.50 per barrel below West Texas Intermediate (WTI) oil, according to Net Energy Exchange. On Tuesday, WCS for August delivery settled at $11.70 a barrel below … Read moreHeavy crude differential narrows slightly

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Enbridge eases oil volume terms for Mainline pipeline in response to small producers’ fears

July 10, 2019 Reuters Enbridge Inc has lowered oil-shipping requirements on its Mainline pipeline by nearly two-thirds, the company confirmed on Wednesday, a move likely to satisfy smaller producers that feared they would be elbowed out by the company’s initial requirements.Enbridge now requires minimum volume commitments of 2,200 barrels per day (bpd), down from the 6,000 … Read moreEnbridge eases oil volume terms for Mainline pipeline in response to small producers’ fears

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Gasoline prices in B.C. rose with land costs but full differentials unexplained: report

VANCOUVER — A report analyzing gasoline prices in British Columbia says rising land costs and credit card processing fees may account for nearly the entire differential in retail margins observed between Vancouver and comparable areas up to the end of…

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Parkland Announces Closing of Senior Unsecured Notes Offering

July 10, 2019 | Source: Parkland Fuel Corporation CALGARY, Alberta, July 10, 2019 (GLOBE NEWSWIRE) — Parkland Fuel Corporation (“Parkland”) (TSX:PKI), announced today the closing of its previously announced private offering (the “offering”) of US$500 million aggregate principal amount of senior unsecured notes due 2027 (the “notes”). The notes bear interest at a rate of 5.875% … Read moreParkland Announces Closing of Senior Unsecured Notes Offering

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Poloz Puts Canadian Rates Firmly on Hold Amid Global Trade Risks

By Theophilos Argitis Jul 10, 2019, 8:00 AM The Bank of Canada left interest rates unchanged for a sixth straight decision and showed little willingness to consider easing policy, as stronger domestic growth offsets mounting global trade tensions. At a decision Wednesday, policy makers reiterated the current policy rate — at 1.75% — remains “appropriate.” … Read morePoloz Puts Canadian Rates Firmly on Hold Amid Global Trade Risks

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Five Things to Know in World Business Today

By Lorcan Roche Kelly Jul 10, 2019, 4:30 AM (Bloomberg) Powell set to give Congressional testimony, U.S.- China trade talks restart and outlook for euro-area growth cut. Here are some of the things people in markets are talking about today. Powell in the House Federal Reserve Chair Jerome Powell starts his semi-annual monetary policy testimony to Congress at 10 a.m. … Read moreFive Things to Know in World Business Today

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Oil gains on U.S. inventory drawdown, Gulf of Mexico storm

Oil prices rose more than 2% on Wednesday after industry data showed U.S. inventories fell more than expected and as major U.S. producers evacuated rigs in the Gulf of Mexico before a storm. U.S. West Texas Intermediate (WTI) crude futures climbed $1.28 to $59.11 by 1136 GMT, after hitting a session high of $59.31. Brent … Read moreOil gains on U.S. inventory drawdown, Gulf of Mexico storm

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Pieridae Closes the TSX – Injects Some Stampede Spirit!

July 09, 2019  | Source: Pieridae Energy Limited CALGARY, Alberta, July 09, 2019 (GLOBE NEWSWIRE) — Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) today had the privilege to close the Toronto Stock Exchange. The TSX has a rich history, created in the fall of 1861 by 24 men who had gathered at Toronto’s Masonic Hall … Read morePieridae Closes the TSX – Injects Some Stampede Spirit!

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Gran Tierra Energy Inc. Announces Operations Update

July 10, 2019  | Source: Gran Tierra Energy Inc. CALGARY, Alberta, July 10, 2019 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE) (LSE:GTE) today announced an operations update.  Production amounts are unaudited and on an average working interest before royalties (“WI”) basis unless otherwise indicated. Key Highlights Southern Putumayo Blockades Lifted – Production Restored: Gran Tierra … Read moreGran Tierra Energy Inc. Announces Operations Update

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XI Technologies: July 2019 Expiring Land Report – Are there opportunities for you?

Each week, XI Technologies scans their 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.  Every few months, we like to take a look expiring land. According … Read moreXI Technologies: July 2019 Expiring Land Report – Are there opportunities for you?

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Canada’s bias meant improper consultations: First Nations challenging pipeline

VANCOUVER — Six First Nations that have filed another legal challenge against the Trans Mountain pipeline expansion say Canada’s ownership of the corporation behind the project created a bias that prevented full consultations as ordered by the Federal…

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Russian output falls to three-year low as oil rivals clash

July 9, 2019 AM Reuters Russian oil production fell close to a three-year low in early July, as output was undermined by a row between Russian oil pipeline monopoly Transneft and the country’s biggest producer Rosneft.Transneft curbed oil intake from Yuganskneftegaz, Rosneft’s main upstream unit, the oil producer said, hurting production that has already been … Read moreRussian output falls to three-year low as oil rivals clash

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Gear Energy Ltd. Announces Update to Board of Directors

July 9, 2019 CNW CALGARY, July 9, 2019 /CNW/ – Gear Energy Ltd. (“Gear“) (TSX: GXE) today announces changes to the Board of Directors of Gear effective immediately. Gear is pleased to announce the addition of Scott Robinson, P. Eng. to the Board of Directors of Gear. Mr. Robinson has a Master’s degree in Chemical Engineering from the Colorado School … Read moreGear Energy Ltd. Announces Update to Board of Directors

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Five Things to Know in World Business Today

By Lorcan Roche Kelly Jul 9, 2019 (Bloomberg) Investors start to distance themselves from Deutsche Bank, a plethora of central bank speakers, and U.S.-U.K. diplomatic spat escalates. Here are some of the things people in markets are talking about today. Negative assessment Skepticism about Deutsche Bank’s mammoth turnaround plan is mounting, if the lender’s market price is … Read moreFive Things to Know in World Business Today

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Oil Steadies Before Fed Testimony While Mideast Risks Linger

By Sharon Cho and Grant Smith Jul 9, 2019 (Bloomberg) Oil steadied near $58 a barrel in New York as investors awaited guidance from the Federal Reserve on interest rates and as tensions in the Persian Gulf maintained the risk of supply disruption.West Texas Intermediate futures added 0.2%, recouping earlier losses. Fed Chairman Jerome Powell … Read moreOil Steadies Before Fed Testimony While Mideast Risks Linger

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FMI Releases the 2019 Second Quarter North American Construction Outlook

FMI Corporation Feature

The Outlook is released every quarter and offers comprehensive construction forecasts for a broad range of market segments and geographies in the U.S. and Canada as well as information on key market drivers. Key highlights from 2019 Q2 report include: Total engineering and construction spending for the U.S. is forecast to end up 1 percent … Read moreFMI Releases the 2019 Second Quarter North American Construction Outlook

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Save Hours (And Money) with a Modern EHS Management System – Workaware

Workaware Feature Logo 400x270

“If each of your employees only make minimum wage, but become a couple hours more efficient in one month, the software has already paid for itself multiple times over.”   As regulatory bodies continue to increase industry standards, traditional EHS Management systems are rendered inadequate for handling high volumes of information. Spreadsheets or outdated technology … Read moreSave Hours (And Money) with a Modern EHS Management System – Workaware

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WATCH: Too Short, Too Long, Just Wrong – How to Install Sign Hardware, Just Right! – IDENT Oil & Gas Signage

IDENT Feature

Installing a sign may look easy peasy lemon squeezy, but we want you to know the proper way to install your sign hardware so your crisp new sign isn’t wrecked in an instant. 3 IMPORTANT TAKEAWAYS: make sure to have galvanized hardware have a locking mechanism have an appropriate spacer for the appropriate post What … Read moreWATCH: Too Short, Too Long, Just Wrong – How to Install Sign Hardware, Just Right! – IDENT Oil & Gas Signage

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GLJ’s July Price Forecast: Glimmers of light at the end of the tunnel

GLJ_NewHire_Dr. Erfan Sarvaramini_Energy Now_400x270_181112_FINAL

Despite current challenges that face the Canadian energy industry, there are continued plans for future development reinforcing the assumption that conditions will eventually improve. With a deep-rooted sense of determination, Canadian industry continues to work towards developing our resources and building out market access in a socially responsible way. SLOW AND STEADY To a certain … Read moreGLJ’s July Price Forecast: Glimmers of light at the end of the tunnel

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Absolute Combustion International and Edmonton International Airport develop an advanced new heating technology

Absolute Combustion Inc 400x270 Feature

Globally competitive product tested and launched at EIA Caption (L to R) Laura Kilcrease, CEO of Alberta Innovates, Koleya Karringten, CEO of Absolute Combustion International, Steve Maybee, VP of Operations and Infrastructure, Edmonton International Airport and Rollie Dykstra, VP of Investments, Alberta Innovates, pose in front of the new Absolute Combustion International-SM1000 portable aircraft heater, … Read moreAbsolute Combustion International and Edmonton International Airport develop an advanced new heating technology

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OPINION: A First Nations pipeline toward reconciliation

Project Reconciliation Feature 400x270

What if the Trans Mountain Pipeline became the same kind of physical, unifying force in this country that the transcontinental railway proved to be more than 100 years ago? The Trans Mountain Pipeline has long been a source of bitter and unresolved division in Canada. The future of its proposed expansion to transport more crude … Read moreOPINION: A First Nations pipeline toward reconciliation

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Advantage Provides Second Quarter 2019 Operational Update

July 8, 2019 CNW Increased Liquids Production and Market Diversification Gains Deliver Solid Adjusted Funds Flow (TSX: AAV) CALGARY, July 8, 2019 /CNW/ – Advantage Oil & Gas Ltd. (“Advantage” or the “Corporation”) is pleased to provide an operational update which includes solid second quarter 2019 results driven by higher than planned liquids production and strong market diversification gains. … Read moreAdvantage Provides Second Quarter 2019 Operational Update

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Plains Midstream Canada Announces Rangeland Pipeline Expansion

July 8, 2019 CNW CALGARY, July 8, 2019 /CNW/ – Plains Midstream Canada (PMC) today announces a proposed expansion of its Rangeland crude oil pipeline system for additional delivery capacity both north to Edmonton, Alberta and south to the border at Carway, Alberta. This expansion is subject to receiving sufficient commitments from shippers and receipt of necessary permits and regulatory approvals, … Read morePlains Midstream Canada Announces Rangeland Pipeline Expansion

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Heavy and synthetic differentials steady

July 8, 2019 Reuters Canada’s heavy and synthetic crude differentials were little changed on Monday: * Western Canada Select (WCS) heavy blend crude for August delivery in Hardisty, Alberta, settled at $12.05 per barrel below West Texas Intermediate (WTI) oil, according to Net Energy Exchange. On Friday, WCS for August delivery settled at $12.10 a barrel … Read moreHeavy and synthetic differentials steady

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Scheer promises to scrap clean-fuel standard…yet another Trudeau tax on Canadians

OTTAWA — Conservative Leader Andrew Scheer is promising to scrap new standards that will force cleaner-burning fuels, in addition to eliminating the federal price on carbon if his party wins the fall federal election.
In a letter to Prime Minister Jus…

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Encana Announces Commencement of US$213 Million Substantial Issuer Bid

Encana Logo

July 8, 2019 CNW CALGARY, July 8, 2019 /CNW/ – Encana Corporation (NYSE,TSX: ECA) today is commencing its previously announced substantial issuer bid (“the Offer”) to purchase for cancellation up to US$213 million of its common shares (“Shares”). The Offer will expire at 5:00 p.m. (Eastern time) on August 14, 2019, unless extended or withdrawn. The … Read moreEncana Announces Commencement of US$213 Million Substantial Issuer Bid

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InPlay Oil Corp. Provides Operations Update and Announces Renewal of Credit Facilities

July 8, 2019 Globe Newswire CALGARY, Alberta, July 08, 2019 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) is pleased to provide an operations update and announce that the annual review of its operating and syndicated credit facilities by its lenders has been completed. Production for the second quarter, … Read moreInPlay Oil Corp. Provides Operations Update and Announces Renewal of Credit Facilities

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Encana Signs Agreement to Sell its Arkoma Basin Natural Gas Assets

Encana Logo

July 8, 2019 CNW CALGARY, July 8, 2019 /CNW/ – Encana Corporation (NYSE, TSX: ECA) today announced that its wholly owned subsidiary, Newfield Exploration Mid-Continent Inc., signed an agreement to sell its natural gas assets in Oklahoma’s Arkoma Basin to an undisclosed buyer. Total cash consideration to Encana under the transaction is $165 million. The agreement is subject to ordinary closing conditions, regulatory approvals and other … Read moreEncana Signs Agreement to Sell its Arkoma Basin Natural Gas Assets

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Oil Holds Above $57 as Iran Tension Keeps Investors Wary

By Tsuyoshi Inajima and Grant Smith Jul 7, 2019 (Bloomberg) Oil held above $57 as rising tension in the Middle East kept investors wary of potential supply disruptions.Futures in New York were little changed after rallying 2.2% over the previous three sessions. European powers urged Iran to reverse its decision to breach the levels of uranium enrichment … Read moreOil Holds Above $57 as Iran Tension Keeps Investors Wary

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NEXT UP: Tackle equalization to stand up for taxpayers and Canada’s resources – Franco Terrazzano

July 5, 2019 Franco Terrazzano Ottawa gave Alberta’s struggling energy industry a body blow by passing legislation to ban tankers on the West Coast and make the pipeline approval process virtually impossible. It’s tempting to seek retribution. So tempting. But there’s a better way for Premier Jason Kenney to stand up for Alberta and strengthen Canada: … Read moreNEXT UP: Tackle equalization to stand up for taxpayers and Canada’s resources – Franco Terrazzano

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The True Price of Electric Cars -Thousands of job losses

By Lionel Laurent Jul 8, 2019 (Bloomberg Opinion) Most people will be happy to see the back of the combustion engine. Cleaner air and less dependence on oil are good reasons to look forward to the mass adoption of electric cars.But for the 3 million or so Europeans working in the auto industry, the transition to … Read moreThe True Price of Electric Cars -Thousands of job losses

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Five Things to Know in World Business Today

By Lorcan Roche Kelly Jul 8, 2019 Deutsche Bank’s radical overhaul, Turkey’s central bank loses its head, and the Fed’s no-win situation. Here are some of the things people in markets are talking about today. One in five Deutsche Bank AG’s radical overhaul announced over the weekend includes cutting 20% of the lender’s global workforce, exiting its equities … Read moreFive Things to Know in World Business Today

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Alberta’s Jason Kenney hosting four other premiers at Calgary Stampede Premier’s Breakfast

Visitors arrive at the Calgary Stampede entrance gate on the first day of the Stampede in Calgary, Alberta, Canada, July 6, 2018. REUTERS/Marcy Nicholson

CALGARY — The premiers of Alberta, Ontario, Saskatchewan, New Brunswick and the Northwest Territories are mixing business with pleasure at the Calgary Stampede.
According to a release from the Alberta government Jason Kenney will officially welcome th…

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WATCHNow! Oklahoma Produces a Pro-Energy Video Albertans Can Relate To

The Oklahoma Energy Resource Board has recently produced a  powerful video to defend the state’s primary industry, it’s energy industry. The video was published in response to an announced Green New Deal, which would decimate the US oil and gas industry. The video is relatable many Albertans, as it shows strength from a thriving Oklahoma oil industry … Read moreWATCHNow! Oklahoma Produces a Pro-Energy Video Albertans Can Relate To

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Column: Is Energy Industry Hypocrisy a Deception or a Lie? – Dave Humphreys

By  Dave Humphreys I would like to start off by saying, I am not a politician nor am I a writer or a journalist. I am a 53 year old Albertan who has worked for over 33 years in our Alberta oil patch and I am damn proud of it! I have reached a critical … Read moreColumn: Is Energy Industry Hypocrisy a Deception or a Lie? – Dave Humphreys

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Oil prices rise on Iran tensions, OPEC output cuts

July 5, 2019 Reuters Oil futures rose on Friday as tensions over Iran and an extension to output cuts by OPEC and its allies boosted prices, but mixed economic data limited the rally. Brent crude futures settled at $64.23 a barrel, up 93 cents, or 1.47%. U.S. West Texas Intermediate (WTI) settled at $57.51 a barrel, … Read moreOil prices rise on Iran tensions, OPEC output cuts

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SOLD OUT! THANK-YOU! 2019 BIG GUNS STAMPEDE BREAKFAST – Breakfast Details & Sponsors HERE

Western Canada’s Largest Energy Industry “Meet & Greet” Stampede Breakfast  The 21st Annual BIG GUNS STAMPEDE BREAKFAST Each year, all areas of the Energy Industry come to this grand event to Meet, Great & Network This year will be no different, only better! BE PART OF THE ACTION! WHO WILL BE THERE: Oil & gas … Read moreSOLD OUT! THANK-YOU! 2019 BIG GUNS STAMPEDE BREAKFAST – Breakfast Details & Sponsors HERE

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Government of Canada supports training and resources for workplace harassment and violence

Government of Canada supports training and resources for workplace harassment and violence July 5, 2019           Toronto, Ontario              Employment and Social Development Canada All Canadians deserve a workplace that is free from harassment and violence. That is why the Government of Canada is making significant investments to … Read moreGovernment of Canada supports training and resources for workplace harassment and violence

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Canada Weekly Rig Count Down 4 for Week Ending July 5, 2019

Canada’s drilling rig count down 4 actively drilling rigs according to data collected by Baker Hughes for the week ending July 5, 2019 (reported only up to July 3, 2019 because of the July 4th holiday in the U.S.) From one week ago, Alberta rig counts decreased 4 to 65 and the Saskatchewan rig count … Read moreCanada Weekly Rig Count Down 4 for Week Ending July 5, 2019

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OPEC output hits new low on Trump’s sanctions, supply pact

July 5, 2019 Reuters OPEC oil output sank to a new five-year low in June as a rise in Saudi supply did not offset losses in Iran and Venezuela due to U.S. sanctions and other outages elsewhere in the group, a Reuters survey found. The 14-member Organization of the Petroleum Exporting Countries pumped 29.60 million … Read moreOPEC output hits new low on Trump’s sanctions, supply pact

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Baker Hughes, a GE company Announces June 2019 Rig Counts

Baker-Hughes

July 3, 2019 Business Wire HOUSTON & LONDON–(BUSINESS WIRE)–Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for June 2019 was 1,138, up 12 from the 1,126 counted in May 2019, and up 179 from the 959 counted in June 2018. The international offshore rig count for June 2019 was … Read moreBaker Hughes, a GE company Announces June 2019 Rig Counts

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Five Things to Know in World Business Today

By Lorcan Roche Kelly (Bloomberg) It’s jobs day, Deutsche Bank’s massive cuts, and China sticks to its guns on trade. Here are some of the things people in markets are talking about today. Payrolls Employers in the U.S. are expected to have added 160,000 positions in June, according to a Bloomberg survey of economists, with the unemployment rate projected … Read moreFive Things to Know in World Business Today

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Point Loma Resources Announces Operational Update of Wizard Lake Rex Oil Discovery and Issuance of Settlement Units

July 4, 2019 Accesswire CALGARY, AB / ACCESSWIRE / July 4, 2019 / Point Loma Resources Ltd. (TSX VENTURE: PLX) (the “Corporation” or “Point Loma“) is pleased to announce an update on production and upcoming development drilling of the Corporation’s Wizard Lake Rex oil discovery and the issuance of Settlement Units (as defined below). Highlights: The Wizard … Read morePoint Loma Resources Announces Operational Update of Wizard Lake Rex Oil Discovery and Issuance of Settlement Units

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Inter Pipeline Completes Kirby North Connection Project

July 4, 2019 CNW CALGARY, July 4, 2019 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today that it successfully placed into service a diluent and bitumen blend pipeline connection to Canadian Natural’s Kirby North oil sands project. The connection is underpinned by a long-term take-or-pay agreement that will provide Inter Pipeline with stable cash flow … Read moreInter Pipeline Completes Kirby North Connection Project

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7 Ways to Set Up a New Hire for Success

Michael D. Watkins No one has a bigger impact on new employees’ success than the managers who hired them. Why? Because more than anyone else the hiring manager understands what his or her people need to accomplish and what it will take — skills, resources, connections — for them to become fully effective. Managers also … Read more7 Ways to Set Up a New Hire for Success

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U.S. oil drillers cut rigs for first week in three -Baker Hughes

July 5, 2019 U.S. energy firms this week reduced the number of oil rigs operating for the first time in three weeks as drillers follow through on plans to cut spending this year.Drillers cut five oil rigs in the week to July 3, bringing the total count down to 788, General Electric Co’s Baker Hughes … Read moreU.S. oil drillers cut rigs for first week in three -Baker Hughes

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More uncertainty ahead for Western Canadian energy markets as pipeline constraints and a lack of non-US markets continue to affect prices – Deloitte

CALGARY, ALBERTA (July 4, 2019) – Western Canadian energy markets will remain uncertain until producers have more details about whether Alberta will extend crude production curtailments beyond the end of the year and if it will proceed with rail car contracts to ease transportation bottlenecks, according to the latest forecast from Deloitte’s Resource Evaluation and … Read moreMore uncertainty ahead for Western Canadian energy markets as pipeline constraints and a lack of non-US markets continue to affect prices – Deloitte

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Ottawa won’t rush into sale of Trans Mountain to Indigenous groups: minister

CALGARY — Canada’s natural resources minister says the government is willing to consider bids from Indigenous groups for a stake in the Trans Mountain pipeline.
But Amarjeet Sohi also says Ottawa wouldn’t jump at the first offer on the table.
“We have…

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Alberta to hold $2.5-million public inquiry into funding for oil and gas foes

CALGARY — The Alberta government will hold a public inquiry into environmental groups that it says have been bankrolled by foreign benefactors hell-bent on keeping Canada’s oil and gas from reaching new markets while letting oil production grow unabat…

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ALMOST SOLD OUT! LESS THAN 20 (of 4,000) TICKETS LEFT! 2019 BIG GUNS STAMPEDE BREAKFAST: JULY 9th! DETAILS & TICKETS HERE

Western Canada’s Largest Energy Industry “Meet & Greet” Stampede Breakfast  The 21st Annual BIG GUNS STAMPEDE BREAKFAST Each year, all areas of the Energy Industry come to this grand event to Meet, Great & Network This year will be no different, only better! BE PART OF THE ACTION! WHO WILL BE THERE: Oil & gas … Read moreALMOST SOLD OUT! LESS THAN 20 (of 4,000) TICKETS LEFT! 2019 BIG GUNS STAMPEDE BREAKFAST: JULY 9th! DETAILS & TICKETS HERE

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