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Canada Oil Pain Sparks Call for Government-Backed Output Cut

Nov 12, 2018, by Kevin Orland (Bloomberg) It may not just be OPEC that’s weighing whether to cut oil production. The pipeline bottlenecks that have strangled Canadian crude prices have at least one major energy producer calling for oil-rich Alberta to mandate output reductions. Oil-sands producer Cenovus Energy Inc. says the province already has legislation … Read moreCanada Oil Pain Sparks Call for Government-Backed Output Cut

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Canada’s Goldboro LNG project to issue equity before mid-2019 FID

LONDON, Nov 12 (Reuters) – Pieridae Energy, the company behind the Goldboro liquefied natural gas (LNG) export project on Canada’s east coast, wants to issue new equity before taking a Final Investment Decision (FID) by the middle of next year, an executive said. Mark Brown, Vice President of Business Development, said finalising offtake agreements — … Read moreCanada’s Goldboro LNG project to issue equity before mid-2019 FID

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Oil Pares Bear-Market Collapse on Prospect of OPEC Curbs in 2019

Oil-Prices

Nov 12, 2018 by Tsuyoshi Inajima and Alex Longley (Bloomberg)  Oil climbed after a record run of losses as Saudi Arabia said OPEC and its allies should rein in output, with the kingdom itself reducing shipments by about 500,000 barrels a day. Futures in New York rose as much as 1.8 percent, after slumping into … Read moreOil Pares Bear-Market Collapse on Prospect of OPEC Curbs in 2019

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Canada’s Oil Patch Feels Double Pain with Cuts, Price Collapse

Nov 12, 2018 by Robert Tuttle (Bloomberg)  Canada’s oil producers can’t catch a break. Even as local production cuts help alleviate pipeline bottlenecks, heavy crude plunged below $18 a barrel for the first time since 2016 — dragged down by global oil prices. “The differentials are holding to modestly improving but the global prices are … Read moreCanada’s Oil Patch Feels Double Pain with Cuts, Price Collapse

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Five Things to Know in World Business Today

Nov 12, 2018, by Lorcan Roche Kelly (Bloomberg) Crude bounce Global oil benchmarks are rising this morning with a record run of losses looking poised to end, driven by increased speculation that OPEC and its allies will cut output next year. Saudi Arabia said there should be a reduction constituting about half the increase made earlier … Read moreFive Things to Know in World Business Today

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Emotionally Intelligent Leader: Learn and practice EI concepts, frameworks and tools to develop your emotional leadership practices. Register with Haskayne Executive Education!

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Emotional Intelligent Leader Designed to integrate everyday workplace situations, the aim of this blended program is to develop your emotional intelligent (EI) strategies over a period of time. As you learn both foundational and advanced EI concepts and frameworks, you will intentionally focus on practicing tools within your work environment. Practically applying your new knowledge … Read moreEmotionally Intelligent Leader: Learn and practice EI concepts, frameworks and tools to develop your emotional leadership practices. Register with Haskayne Executive Education!

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See Vivian Krause – Edmonton (Nov 12) & Fort McMurray (Nov 15): Who is funding pipeline protests in Canada? Admission is FREE – Details HERE

Canada Action is  Proud to Bring Vivian Krause to Edmonton & Fort McMurray Hear Vivian Krause present her research on the foreign funding against Canadian pipelines If you care about the Canadian energy sector and its often unfair treatment at the hands of U.S. foundation-supported activists, then you probably know about Vancouver-based independent researcher and … Read moreSee Vivian Krause – Edmonton (Nov 12) & Fort McMurray (Nov 15): Who is funding pipeline protests in Canada? Admission is FREE – Details HERE

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Moving Equipment Across Provincial Borders? Here’s what your O&G Company Needs to Know

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With the investment landscape in the oil and gas industry starting to shift, and more Canadian companies expanding to manage projects in multiple provinces, issues of indirect tax are becoming more prevalent. Add the recent changes to GST/HST/PST, and oil and gas companies across Canada have had to re-assess their processes for moving equipment and … Read moreMoving Equipment Across Provincial Borders? Here’s what your O&G Company Needs to Know

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The Three Truths in Every Sales Call – Sandler Training

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Ask most salespeople to describe the purpose of each interaction with a prospect and they’ll probably say something like: “close ‘em” “build the relationship” “educate them” “solve their problems” All good answers, but the real purpose of every interaction with a prospect is to get to the truth. What’s uncomfortable about getting the truth in … Read moreThe Three Truths in Every Sales Call – Sandler Training

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basinINTEL Video – Quickly calculate your forecasts, filter to any well list that you paste into the project.

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When you are not sure which well will produce more oil and gas over the next few weeks and you need to quickly calculate your forecasts, you can use basinINTEL to filter to any well list that you paste into the project. Wells not found in the project will be identified. That is the power … Read morebasinINTEL Video – Quickly calculate your forecasts, filter to any well list that you paste into the project.

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LISTEN! The Three Biggest Ways Artificial Intelligence Will Impact Oil and Gas – Geoffrey Cann

Artificial intelligence is already having three pretty dramatic impacts on oil and gas. First, AI is being applied to subsurface data and petroleum engineers are confidently expanding the amount of oil and gas that is recoverable. Second, AI is helping reduce demand for fossil fuels by transforming transportation… ABOUT Geoffrey Cann is a former senior partner of one of the … Read moreLISTEN! The Three Biggest Ways Artificial Intelligence Will Impact Oil and Gas – Geoffrey Cann

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STEP & Trican: Canadian Fracker Rivalry Heating Up Amid Plunging Share Prices

by Michael Bellusci (Bloomberg)  The outlook for Canadian fracking companies is up in the air. Shares of Calgary-based STEP Energy Services Ltd. and Trican Well Service Ltd. are down more than 63 percent this year, while Calfrac Well Services Ltd. has lost about 36 percent amid activity slowdowns on both sides of the border. Battles … Read moreSTEP & Trican: Canadian Fracker Rivalry Heating Up Amid Plunging Share Prices

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Oil pucks and pellets; Canada eyes new ways to move stranded crude

CALGARY, Alberta (Reuters) – Canada’s biggest railroad says it is attracting interest from oil producers in its effort to move crude in solid, puck-like form, as clogged pipelines divert more oil to riskier rail transport. Congested pipelines have stranded much of Canada’s crude in Alberta, driving discounts to record-high levels. Canadian heavy crude traded on … Read moreOil pucks and pellets; Canada eyes new ways to move stranded crude

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If OPEC Thought Its Job Was Done, 2019 Will Be a Shock: Julian Lee

 by Julian Lee (Bloomberg Opinion)  It was meant to be a short, sharp shock. Instead, OPEC members are facing a long, slow grind with no end in sight. The deal reached with several non-OPEC countries in 2016 to cut oil supply and drain excess inventories was meant to last just six months. But after last week’s ugly slide … Read moreIf OPEC Thought Its Job Was Done, 2019 Will Be a Shock: Julian Lee

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Staggering! Economic cost of Canadian oil price discounts estimated to be $13 BILLION! for first 10 months of 2018

Imagine producing a bumper crop of a product in high demand around the globe, only to learn you must settle for a discounted price because there’s no easy way to get your product to market.
Canadian grain farmers experienced that situation in 2013 and…

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Keystone XL’s Decadelong Slog to Reality Just Got Longer

Nov 9, 2018, by Kevin Orland and Rachel Adams-Heard (Bloomberg) TransCanada Corp.’s $8 billion Keystone XL pipeline may face another eight months of delay after a court ruling raised issues with a four-year-old environmental review. A Montana federal judge Thursday found that the 2014 environmental assessment by the Obama administration fell short. President Donald Trump … Read moreKeystone XL’s Decadelong Slog to Reality Just Got Longer

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OPEC+ Weighs Output Cut as Threat of New Surplus Sinks Prices

Nov 11, 2018, by Grant Smith, Mahmoud Habboush, Anthony DiPaola and Elena Mazneva (Bloomberg) Many OPEC and allied oil producers see a need to cut output to stave off a new surplus, a key member of the coalition said, as delegates gathered in Abu Dhabi amid sinking prices. A number of global producers agree they … Read moreOPEC+ Weighs Output Cut as Threat of New Surplus Sinks Prices

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ALMOST ALL GONE! – ONLY 6 (of 58) Company Sponsorships Remain! Get Involved and Support STARS Air Ambulance- January 19 , 2019, BMO Centre, Calgary, AB – Get Details HERE

Official Invite Sponsor of the 2019 PSAC Stars & Spurs Gala Tickets Going Fast – Already 70% SOLD! Only 6 (of 58) Company Sponsorships Remain! In the spirit of Western hospitality and values, the PSAC Stars and Spurs Gala promises to be a night like no other. The 2018 PSAC STARS & Spurs Gala took … Read moreALMOST ALL GONE! – ONLY 6 (of 58) Company Sponsorships Remain! Get Involved and Support STARS Air Ambulance- January 19 , 2019, BMO Centre, Calgary, AB – Get Details HERE

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Trump slams U.S. judge’s decision to halt Keystone XL pipeline

November 9, 2018  U.S. President Donald Trump on Friday blasted a federal judge’s decision to halt construction of the Keystone XL pipeline that would carry heavy crude oil from Canada to the United States, a project that has been in development for a decade.The ruling out of U.S. Court in Montana on Thursday dealt a … Read moreTrump slams U.S. judge’s decision to halt Keystone XL pipeline

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Canada Weekly Rig Count Down 2 for Week Ending November 9, 2018

Drilling Rig 400x270

Canada’s drilling rig count decreased by 2 actively drilling rigs according to data collected by Baker Hughes for the week of November 9th. From one week ago, Alberta rig counts decreased 3 to 136 and the Saskatchewan rig counts stayed the same at 37. Oil drilling decreased 4 to 117 and gas drilling increased 2 … Read moreCanada Weekly Rig Count Down 2 for Week Ending November 9, 2018

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Hold put on Keystone: Alberta says it will keep working on other ways to move oil

EDMONTON — Alberta’s energy minister says a U.S. court decision ordering a halt to the Keystone XL pipeline project is frustrating.
Marg McCuaig-Boyd says the province will look to see what it can do to get the project restarted and also to find other…

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U.S. drillers add oil rigs for fourth week in five: Baker Hughes

(Reuters) – U.S. energy firms added oil rigs for a fourth time in the last five, keeping the rig count at its highest in over three years even though crude futures were on track to fall for a fifth week in a row to their lowest level since February. Drillers added 12 oil rigs in … Read moreU.S. drillers add oil rigs for fourth week in five: Baker Hughes

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Keystone XL Setback will Cost Canadian Industry Hundreds of Millions, Says Association

CALGARY — The Canadian oil industry reacted with frustration and bitterness Friday after a U.S. judge ordered a halt to the Keystone XL pipeline project until it passes further environmental review.
The decision on Thursday means longer delays in find…

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ARC Resources Ltd. Announces $775 Million Capital Program for 2019 That Will Advance Multi-year Infrastructure Development Projects at Attachie West, Dawson, and Ante Creek

November 8, 2018 CNW CALGARY, Nov. 8, 2018 /CNW/ – (ARX – TSX) ARC Resources Ltd. (“ARC” or “the Company”) announced today that its Board of Directors has approved a $775 million capital program for 2019 that focuses on profitable organic liquids growth to deliver a meaningful cash flow per share increase over the long term. The 2019 budget focuses on … Read moreARC Resources Ltd. Announces $775 Million Capital Program for 2019 That Will Advance Multi-year Infrastructure Development Projects at Attachie West, Dawson, and Ante Creek

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Parkland Fuel Corporation Announces $300 Million Senior Unsecured Note Financing

November 08, 2018  | Source: Parkland Fuel Corporation (All financial figures are approximate and in Canadian dollars unless otherwise noted) NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Nov. 08, 2018 (GLOBE NEWSWIRE) — Parkland Fuel Corporation (“Parkland”) (TSX:PKI), Canada’s largest and one of North America’s fastest growing independent … Read moreParkland Fuel Corporation Announces $300 Million Senior Unsecured Note Financing

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CES Energy Solutions Corp. Reports Record Third Quarter Results and Declares Cash Dividend

November 08, 2018  | Source: CES Energy Solutions Corp. CALGARY, Alberta, Nov. 08, 2018 (GLOBE NEWSWIRE) — CES Energy Solutions Corp. (“CES” or the “Company”) (TSX: CEU) (OTC – Nasdaq Intl: CESDF) is pleased to report on its financial and operating results for the three and nine months ended September 30, 2018.  Further, CES announced today that it will pay … Read moreCES Energy Solutions Corp. Reports Record Third Quarter Results and Declares Cash Dividend

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Strad Announces Third Quarter Results

November 08, 2018 | Source: Strad Energy Services Ltd. NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES (“U.S.”) The news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For full disclosure of the forward-looking information and statements and the risks to which they are subject, … Read moreStrad Announces Third Quarter Results

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Kelt Reports Financial and Operating Results for the Three and Nine Months Ended September 30, 2018

November 09, 2018  Source: Kelt Exploration Ltd CALGARY, Alberta, Nov. 09, 2018 (GLOBE NEWSWIRE) — Kelt Exploration Ltd. (TSX:KEL) (“Kelt” or the “Company”) has released its financial and operating results for the three and nine months ended September 30, 2018. The Company’s financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended September 30 Nine … Read moreKelt Reports Financial and Operating Results for the Three and Nine Months Ended September 30, 2018

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Oil Teeters Near Record Losing Streak After Entering Bear Market

LONDON (Reuters) – Oil prices fell to multi-month lows on Friday as global supply increased and investors worried about the impact on fuel demand of lower economic growth and trade disputes. Benchmark Brent crude LCOc1 fell below $70 a barrel for the first time since early April, down more than 18 percent since reaching four-year … Read moreOil Teeters Near Record Losing Streak After Entering Bear Market

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U.S. judge blocks construction of $10-billion Keystone XL pipeline

 Nov 9, 2018, by Andrew Harris (Bloomberg)  TransCanada’s $10-billion Keystone XL pipeline project has suffered another setback after a U.S. federal judge blocked its construction to allow more time to study the potential environmental impact. Thursday night’s ruling is the latest set-back for the Calgary-based pipeline company in its decade-long push to construct a 1,179-mile long … Read moreU.S. judge blocks construction of $10-billion Keystone XL pipeline

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Five Things to Know in World Business Today

Nov 9, 2018, by Lorcan Roche Kelly (Bloomberg) Not ready Democrats who take over control of the House in January are promising to launch probes into President Donald Trump’s policy decisions and personal financial affairs. The difficulty for the White House is that the president’s new chief lawyer has yet to take up his position, … Read moreFive Things to Know in World Business Today

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Canada at odds with U.S. changes to text of trade deal: source

OTTAWA (Reuters) – Canada is pushing back against U.S. attempts to change the text of their September trade pact and the issue may have to be referred to ministers to settle, a Canadian source with direct knowledge of the matter said on Thursday. “Some of the stuff they (the Americans) have been putting forward is … Read moreCanada at odds with U.S. changes to text of trade deal: source

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Petrus Resources Announces Third Quarter 2018 Financial & Operating Results

November 08, 2018 | Source: Petrus Resources Ltd. CALGARY, Alberta, Nov. 08, 2018 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) is pleased to report financial and operating results for the third quarter of 2018. The Company’s Management’s Discussion and Analysis (“MD&A”) and interim consolidated financial statements dated as at and for the period ended September … Read morePetrus Resources Announces Third Quarter 2018 Financial & Operating Results

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Big Oil Tells Big Tech: Trust Us, Being Arrogant Will Backfire

Nov 8, 2018, by Kelly Gilblom (Bloomberg) One of the biggest oil bosses in the world has a message for hotshot young tech stars: trust me, being arrogant won’t pay off. Royal Dutch Shell Plc Chief Executive Ben van Beurden said the oil industry’s own behavior in years past has eroded its relationship with society. … Read moreBig Oil Tells Big Tech: Trust Us, Being Arrogant Will Backfire

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Saudi Arabia think-tank studying possible effect of OPEC break up: WSJ

(Reuters) – Saudi Arabia’s top government-funded think-tank is studying the possible effects on oil markets of a breakup of OPEC, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The research project doesn’t reflect an active debate inside the government over whether to leave the Organization of the Petroleum Exporting Countries … Read moreSaudi Arabia think-tank studying possible effect of OPEC break up: WSJ

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ARC Resources Ltd. Reports Third Quarter 2018 Financial and Operational Results and Announces 2019 Budget

November 8, 2018 CNW CALGARY, Nov. 8, 2018 /CNW/ – (ARX – TSX) ARC Resources Ltd. (“ARC” or “the Company”) is pleased to report its third quarter 2018 financial and operational results. Third quarter production averaged 135,410 boe per day, net income was $45.1 million ($0.13 per share), funds from operations totaled $205.0 million ($0.58 per share), and net debt was $667.8 million as at September 30, 2018. ARC’s … Read moreARC Resources Ltd. Reports Third Quarter 2018 Financial and Operational Results and Announces 2019 Budget

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Perpetual Energy Inc. Releases Third Quarter 2018 Financial and Operating Results and Provides 2019 Guidance

November 8, 2018 Globe Newswire CALGARY, Nov. 8, 2018 /CNW/ – (TSX:PMT) – Perpetual Energy Inc. (“Perpetual”, the “Corporation” or the “Company”) is pleased to release its third quarter 2018 financial and operating results, and provide capital spending guidance for 2019. A complete copy of Perpetual’s unaudited condensed interim consolidated financial statements and related Management Discussion and Analysis (“MD&A”) for … Read morePerpetual Energy Inc. Releases Third Quarter 2018 Financial and Operating Results and Provides 2019 Guidance

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Government of Canada introduces legislation for responsible co-management of Arctic resources

November 8, 2018 CNW OTTAWA, Nov. 8, 2018 /CNW/ – The Government of Canada is taking action to protect Canada’s rich natural environment, respect the rights and interests of Indigenous peoples, and support a resilient Canadian natural resource sector, in order to help ensurea healthy environment and prosperous future for Northern communities. Today, the Honourable Dominic LeBlanc, Minister of Intergovernmental and Northern … Read moreGovernment of Canada introduces legislation for responsible co-management of Arctic resources

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The Carbon Tax Is Dead, Long Live the Carbon Tax: Tyler Cowen

Nov 8, 2018, by Tyler Cowen (Bloomberg Opinion) Often the most important results of any election come in the initiatives and referendums. And one striking result from Tuesday’s election is that voters in Washington state, a Democratic stronghold, soundly rejected a proposed carbon tax by a margin of 56 to 44 percent. This raises the … Read moreThe Carbon Tax Is Dead, Long Live the Carbon Tax: Tyler Cowen

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Insights & Key Factors for Blockchain Technology – Interview with James Graham of GuildOne – Maureen McCall

By Maureen McCall James Graham, President & CEO at GuildOne recently accepted the Outstanding Achievement in Information and Communication Technology award from the Alberta Science and Technology Leadership Foundation. Graham co-founded GuildOne in 2001 and has since been innovating the Energy industry by delivering complex data management and business intelligence solutions to the market. He … Read moreInsights & Key Factors for Blockchain Technology – Interview with James Graham of GuildOne – Maureen McCall

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Peyto Celebrates 20 Years With Q3 2018 Results

CALGARY, Alberta, Nov. 07, 2018 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to mark 20 years in the Canadian energy industry with its operating and financial results for the third quarter of the 2018 fiscal year. By strategically delaying capital investments and production additions until the fall, Peyto … Read morePeyto Celebrates 20 Years With Q3 2018 Results

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Gear Energy Ltd. Announces Third Quarter 2018 Operating Results

November 7, 20184:02 PM CNW CALGARY, Nov. 7, 2018 /CNW/ – Gear Energy Ltd. (“Gear” or the “Company”) (TSX:GXE) is pleased to provide the following third quarter operating update to shareholders. Gear’s Interim Financial Statements and related Management’s Discussion and Analysis (“MD&A”) for the period ended September 30, 2018 are available for review on Gear’s website at www.gearenergy.com and on www.sedar.com. Financial Summary Three … Read moreGear Energy Ltd. Announces Third Quarter 2018 Operating Results

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Tourmaline Delivers Strong Q3 Earnings and Cash Flow Growth, Increases 2018 Exit and 2019 Production Estimates and Reduces 2019 Capital Program

November 7, 20183:00 PM CNW CALGARY, Nov. 7, 2018 /CNW/ – Tourmaline Oil Corp. (TSX:TOU) (“Tourmaline” or the “Company”) is pleased to release  financial and operating results for the third quarter of 2018. HIGHLIGHTS 2018 exit production estimate increased from 290,000 to 300,000 boepd driven primarily by stronger than forecast well performance. Q3 2018 average production was … Read moreTourmaline Delivers Strong Q3 Earnings and Cash Flow Growth, Increases 2018 Exit and 2019 Production Estimates and Reduces 2019 Capital Program

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Precision Drilling Corporation Announces Transaction Update, Preliminary 2019 Financial Guidance and Transaction Benefits Highlighted in Management Information Circular

November 07, 2018  | 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 this … Read morePrecision Drilling Corporation Announces Transaction Update, Preliminary 2019 Financial Guidance and Transaction Benefits Highlighted in Management Information Circular

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STEP Energy Services Ltd. Reports Third Quarter 2018 Financial and Operating Results

November 08, 2018 | Source: STEP Energy Services Ltd. CALGARY, Alberta, Nov. 08, 2018 (GLOBE NEWSWIRE) — STEP Energy Services Ltd. (the “Company” or “STEP”) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2018.  This news release should be read in conjunction with Management’s Discussion and Analysis (“MD&A”), … Read moreSTEP Energy Services Ltd. Reports Third Quarter 2018 Financial and Operating Results

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Pengrowth Announces Third Quarter 2018 Results, 2019 Capital Plan and 2019 Guidance

November 08, 2018  Pengrowth Energy Corporation Lindbergh Production Establishes New Record in October Averaging 18,350 bbl/d with Five of Eight Infill Wells on Production CALGARY, Alberta, Nov. 08, 2018 (GLOBE NEWSWIRE) — Pengrowth Energy Corporation (“Pengrowth”) (TSX:PGF, OTCQX:PGHEF), today reported its results for the three and nine months ended September 30, 2018. Unless otherwise indicated, … Read morePengrowth Announces Third Quarter 2018 Results, 2019 Capital Plan and 2019 Guidance

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Five Things to Know in World Business Today

Nov 8, 2018, by Lorcan Roche Kelly (Bloomberg) Fired? The question as to whether Jeff Sessions resigned or was fired from the position of Attorney General is more substantive than may appear at first blush. President Donald Trump appointed Matthew Whitaker, who has been openly critical of Special Counsel Robert Mueller’s Russia investigation, as acting AG. Should Mueller … Read moreFive Things to Know in World Business Today

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End Is Near for `Frack Holiday’ as Permian Expects 2019 Boom

Nov 7, 2018, by Kevin Crowley and David Wethe (Bloomberg) The oil fields of West Texas don’t sit still for long. Take Carrizo Oil & Gas Inc.’s operations, for instance. Just three months after moving drill rigs out of the Permian Basin because of pipeline shortages, the Houston-based explorer is already talking about bringing them … Read moreEnd Is Near for `Frack Holiday’ as Permian Expects 2019 Boom

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Prairie Provident Announces Third Quarter 2018 Financial, Operating Results and Management Appointment

CALGARY, Alberta , Nov. 07, 2018 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) (TSX:PPR) is pleased to announce its operating and financial results for the three and nine months ended September 30, 2018, and to provide an operational update.   PPR’s consolidated interim financial statements (“Financial Statements”) and related management’s … Read morePrairie Provident Announces Third Quarter 2018 Financial, Operating Results and Management Appointment

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A new training course to prepare industry for the impacts of wildfire – Phoenix Wildfire and Environmental

Phoenix Wildfire and Environmental Feature

Wildfire is a reality in Alberta’s forests and grasslands and the impacts on oil and gas, timber and mining industries of Western Canada can be harsh and far-reaching. To improve safety and awareness there is much industry can do to prepare for these wildfire events and to potentially minimize the impacts on facilities, resources and … Read moreA new training course to prepare industry for the impacts of wildfire – Phoenix Wildfire and Environmental

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Trudeau’s Reforms Won’t Break Pipeline Logjam, Oil Groups Warn

Nov 8, 2018, by Josh Wingrove (Bloomberg) It’s a rough time in Canada’s oil patch, and the energy industry is warning that Justin Trudeau is about to make it worse. The bottom has fallen out of Canadian heavy crude prices, with their discount relative to the U.S. benchmark near a record amid a supply glut … Read moreTrudeau’s Reforms Won’t Break Pipeline Logjam, Oil Groups Warn

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Exxon’s $2 Billion Canada Move Shows Confidence When Others Flee

Nov 7, 2018, by Robert Tuttle (Bloomberg) Almost two years after Exxon Mobil Corp. removed billions of barrels of oil-sands crude from its reserves, its Imperial Oil Ltd. unit is investing again, saying low Canadian crude prices that scared off the other majors make it a perfect time to build. Imperial Chief Executive Officer Rich … Read moreExxon’s $2 Billion Canada Move Shows Confidence When Others Flee

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Shell, Total Are Anomaly, Allowing Investors to Track Carbon

Nov 7, 2018, by Mathew Carr and Kelly Gilblom (Bloomberg) Royal Dutch Shell Plc and Total SA are the only companies among the 10 biggest oil and gas producers in the world which disclose how their carbon emissions will decline over time, according to the first analysis of its kind by managers overseeing more than … Read moreShell, Total Are Anomaly, Allowing Investors to Track Carbon

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Sharing Their Progress on Digital Technologies – Interview with Keith Steeves, CFO, NAL Resources – Geoffrey Cann

The Chief Financial Officer of NAL Resources, Keith Steeves, and I sit down to discuss the progress that NAL has made with adopting digital technologies, and why NAL is sharing the results. ABOUT Geoffrey Cann is a former senior partner of one of the big 4 consulting firms. He has a deep passion for the impacts that digital technology … Read moreSharing Their Progress on Digital Technologies – Interview with Keith Steeves, CFO, NAL Resources – Geoffrey Cann

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Imperial Oil, Teck double down on Canadian oil sands after others flee

WINNIPEG, Manitoba (Reuters) – Two Canadian-based crude producers are looking to double down on their oil sands investments, betting that new pipelines and cutting-edge technology can improve profitability and reduce environmental damage. The moves by Imperial Oil Ltd (IMO.TO) and Teck Resources Ltd (TECKb.TO) run counter to an exodus of foreign companies from the oil … Read moreImperial Oil, Teck double down on Canadian oil sands after others flee

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Canada Development Investment Corporation announces Board of Directors of Trans Mountain Corporation

November 7, 2018 CNW TORONTO, Nov. 7, 2018 /CNW/ – The Board of Directors of Canada Development Investment Corporation (CDEV) is pleased to announce the appointment of several prominent Canadians to the Board of Directors overseeing the governance and management of Trans Mountain Corporation (TMC). The newly-constituted Board will be chaired by William Downe, former CEO of BMO Financial … Read moreCanada Development Investment Corporation announces Board of Directors of Trans Mountain Corporation

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Baker Hughes, a GE company Announces October 2018 Rig Counts

HOUSTON & LONDON–(BUSINESS WIRE)–Baker Hughes, a GE company (NYSE:BHGE) announced today that the Baker Hughes international rig count for October 2018 was 1,017, up 13 from the 1,004 counted in September 2018, and up 66 from the 951 counted in October 2017. The international offshore rig count for October 2018 was 207, up 3 from … Read moreBaker Hughes, a GE company Announces October 2018 Rig Counts

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U.S. crude output to surpass 12 million barrels per day by mid 2019: EIA

NEW YORK (Reuters) – U.S. crude oil production is expected to average 12.06 million barrels per day (bpd) in 2019, passing the 12 million bpd milestone sooner than expected on surging domestic shale output, the U.S. Energy Information Administration said on Tuesday. For 2019, production is expected to rise 1.16 million bpd from the prior … Read moreU.S. crude output to surpass 12 million barrels per day by mid 2019: EIA

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Keyera Corp. Announces 2018 Third Quarter Results

CALGARY, Nov. 6, 2018 /CNW/ – Keyera Corp. (TSX:KEY) (“Keyera”) announced its third quarter 2018 financial results today, the highlights of which are included in this news release. The entire news release can be viewed by visiting Keyera’s website at www.keyera.com, or, to view the MD&A and financial statements, visit either Keyera’s website or Keyera’s filings on SEDAR … Read moreKeyera Corp. Announces 2018 Third Quarter Results

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Energy Companies Gear up for Winter Construction with All-Weather Road-Building Materials

Access to Energy Resources has Immense Challenges in Winter Conditions. In late fall, wet, muddy conditions can slow down access to energy sources in Western Canada’s oil sands region—making access by heavy trucks and equipment nearly impossible. So, energy companies wait for frozen ground before ramping back up on production. Even in winter, access to … Read moreEnergy Companies Gear up for Winter Construction with All-Weather Road-Building Materials

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ClearStream Announces Third Quarter 2018 Financial Results

November 06, 2018 17:00 ET | Source: ClearStream Energy Services Inc. CALGARY, Alberta, Nov. 06, 2018 (GLOBE NEWSWIRE) — ClearStream Energy Services Inc. (“ClearStream”, TSX: CSM and CSM.DB.A) today announced its results for the three and nine months ended September 30, 2018. “EBITDAS” and “Adjusted EBITDAS” are not standard measures under IFRS. Please refer to the “Non-IFRS measures” … Read moreClearStream Announces Third Quarter 2018 Financial Results

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Pulse Seismic Inc. Reports Q3 2018 Result

November 06, 2018 | Source: Pulse Seismic Inc. CALGARY, Alberta, Nov. 06, 2018 (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 nine months ended September 30, 2018. The unaudited condensed consolidated interim financial statements, accompanying notes and MD&A are being … Read morePulse Seismic Inc. Reports Q3 2018 Result

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Parex Q3 2018 Results: 25th Consecutive Quarter of Growth

November 06, 2018  | Source: Parex Resources Inc. CALGARY, Alberta, Nov. 06, 2018 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), a company focused on Colombian oil exploration and production, announces its unaudited financial and operating results for the three months and nine months ended September 30, 2018 (“Third Quarter” or “Q3”). All amounts herein are … Read moreParex Q3 2018 Results: 25th Consecutive Quarter of Growth

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Iran Oil Waivers: How Buyers Are Lining Up After U.S. Exemptions

Nov 7, 2018, by Heesu Lee and Debjit Chakraborty (Bloomberg) Armed with waivers to keep importing Iranian oil without running afoul of U.S. sanctions, some of the Islamic Republic’s top customers are preparing to buy. The exemptions mean at least some supplies from OPEC’s third-biggest producer will keep flowing into international markets, after its exports … Read moreIran Oil Waivers: How Buyers Are Lining Up After U.S. Exemptions

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Oil Set for Longest Losing Run Since 2014 as Supply Fears Ease

Oil-Prices

Nov 7, 2018, by Sharon Cho (Bloomberg) Crude’s poised for the longest losing streak since 2014 as concerns of a supply crunch eased on a forecast for rising U.S. production and waivers for eight countries allowing temporary import of Iranian oil. Futures in New York fell as much as 0.9 percent and headed for an … Read moreOil Set for Longest Losing Run Since 2014 as Supply Fears Ease

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Pine Cliff Energy Ltd. Announces Third Quarter 2018 Results and Updates Guidance

November 06, 2018  | Source: Pine Cliff Energy Ltd. CALGARY, Alberta, Nov. 06, 2018 (GLOBE NEWSWIRE) — Pine Cliff Energy Ltd. (“Pine Cliff” or the “Company”) (TSX: PNE) is pleased to announce the filing of its third quarter financial and operating results. Included in the filings were Pine Cliff’s unaudited interim condensed consolidated financial statements and related … Read morePine Cliff Energy Ltd. Announces Third Quarter 2018 Results and Updates Guidance

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Five Things to Know in World Business Today

Nov 7, 2018, by Lorcan Roche Kelly (Bloomberg) Democrats and Republicans win The U.S. midterm election results are in line with market expectations: Democrats will control the House from January, while Republicans maintain their majority in the Senate. There will be a record number of women in the House, with the first female Muslim and Native American representatives elected. Looking … Read moreFive Things to Know in World Business Today

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OPEC Considers 2019 Oil Output Cuts in Yet Another U-Turn

Nov 7, 2018, by Grant Smith and Javier Blas (Bloomberg) OPEC is enduring one of the most head-spinning years in its history, swerving from cutting oil production to boosting it as quickly as possible. Now it’s talking about reversing course again. Ministers from the group gathering in Abu Dhabi this weekend will discuss the possibility … Read moreOPEC Considers 2019 Oil Output Cuts in Yet Another U-Turn

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China’s Canadian Oil Binge to Wind Down as U.S. Refiners Ramp Up

Nov 6, 2018, by Sheela Tobben and Robert Tuttle (Bloomberg) China is finally getting a taste of Canadian crude, if only for a couple of months. At least five tankers hauling as much as a combined 3.76 million barrels of crude have departed Vancouver for China since the start of September, Bloomberg ship-tracking data show. … Read moreChina’s Canadian Oil Binge to Wind Down as U.S. Refiners Ramp Up

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Imperial Oil going ahead with construction of $2.6B Aspen oilsands project

CALGARY — Imperial Oil Ltd. says it will go ahead with its $2.6-billion Aspen oilsands project.
Construction will begin this year, with the project expected to start up in 2022.
The Aspen project, located about 45 kilometres northeast of Fort McMurray…

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U.S. says Enbridge can start more of Ohio-Michigan Nexus natgas pipeline

(Reuters) – U.S. energy regulators on Tuesday approved Canadian energy company Enbridge Inc’s (ENB.TO) request to put more of its $2.6 billion Nexus natural gas pipeline from Ohio to Michigan into service. In a filing, the U.S. Federal Energy Regulatory Commission (FERC) said it approved the company’s request to put the Wadsworth compressor in Medina … Read moreU.S. says Enbridge can start more of Ohio-Michigan Nexus natgas pipeline

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Spy service says federal pipeline purchase seen as ‘betrayal’ by many opponents

Pipeline-construction-canada

November 6, 2018 The Canadian Press OTTAWA – Canada’s spy agency says many members of the environmental and Indigenous communities see the federal purchase of the Trans Mountain pipeline as a betrayal, and suggests that could intensify opposition to expanding the project. A Canadian Security Intelligence Service assessment highlights a renewed sense of indignation among protesters … Read moreSpy service says federal pipeline purchase seen as ‘betrayal’ by many opponents

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Iron Bridge Resources Inc. Announces Shareholder Approval of Amalgamation with Velvet Acquisition Company Ltd.

November 06, 2018 | Source: Velvet Energy Ltd. CALGARY, Alberta, Nov. 06, 2018 (GLOBE NEWSWIRE) — Velvet Energy Ltd. (“Velvet”) and Iron Bridge Resources Inc. (TSX: IBR) (“Iron Bridge”) announce that at the special meeting of shareholders (the “Meeting”) of Iron Bridge held earlier today, holders (“Iron Bridge Shareholders”) of common shares of Iron Bridge (“Iron Bridge … Read moreIron Bridge Resources Inc. Announces Shareholder Approval of Amalgamation with Velvet Acquisition Company Ltd.

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B.C. introduces new project review rules

November 5, 2018 Reuters The province of British Columbia introduced on Monday new environmental assessment rules that it said will increase clarity and certainty for the companies behind projects, mirroring efforts by the Canadian government to update major project reviews.The proposed changes will enhance early consultation with indigenous groups and allow “good projects” to be approved … Read moreB.C. introduces new project review rules

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BlackPearl Announces Third Quarter 2018 Financial and Operating Results

November 5, 2018 CNW CALGARY, Nov. 5, 2018 /CNW/ – BlackPearl Resources Inc. (“BlackPearl” or the “Company”) (TSX: PXX) (NASDAQ Stockholm: PXXS) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2018. View PDF Version. Q3 Highlights: The Company entered into an Arrangement Agreement with International Petroleum Corporation (“IPC”) whereby IPC has agreed … Read moreBlackPearl Announces Third Quarter 2018 Financial and Operating Results

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Painted Pony Grows Third Quarter Production By 38% and Announces Third Quarter Financial and Operational Results

November 5, 2018 CNW CALGARY, Nov. 5, 2018 /CNW/ – Painted Pony Energy Ltd. (“Painted Pony” or the “Corporation“) (TSX: PONY) is pleased to report significant production volume growth of 38%, which includes a corresponding increase of 37% in liquids production, over the third quarter of 2017. HIGHLIGHTS: Increased third quarter 2018 average daily production by 38% to … Read morePainted Pony Grows Third Quarter Production By 38% and Announces Third Quarter Financial and Operational Results

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TORC Oil & Gas Ltd. Announces Third Quarter 2018 Financial & Operational Results; Increased 2018 Production Guidance; and Appoints New Member to Board of Directors

November 5, 2018 PR Newswire CALGARY, Nov. 5, 2018 /CNW/ – TORC Oil & Gas Ltd. (“TORC” or the “Company”) (TSX: TOG) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2018.  The associated management’s discussion and analysis (“MD&A”) and unaudited interim financial statements as at and for the three and … Read moreTORC Oil & Gas Ltd. Announces Third Quarter 2018 Financial & Operational Results; Increased 2018 Production Guidance; and Appoints New Member to Board of Directors

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Exxon Chief Says Size Doesn’t Matter in Potential Deal-making

Nov 6, 2018 by Dan Murtaugh, Erik Schatzker and Alfred Cang (Bloomberg)  The world’s biggest public energy company doesn’t worry about size when it comes to potential deal-making. The driver of any acquisition for Exxon Mobil Corp. isn’t the scope of the target, it’s whether the company finds more value in it than the market … Read moreExxon Chief Says Size Doesn’t Matter in Potential Deal-making

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Oil Could Touch $100 If Supply Crunch Worsens, Citi’s Morse Says

Nov 6, 2018 by Manus Cranny and Anthony DiPaola (Bloomberg)  Oil prices are likely to be “biased to the upside” for the rest of the year as demand from refineries rises in November and December, according to Citigroup Inc. An average price of $80 a barrel for this quarter is “realistic,” with spikes to $90 … Read moreOil Could Touch $100 If Supply Crunch Worsens, Citi’s Morse Says

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Digital Oil and Gas Still in Early Innings – Geoffrey Cann

The oil and gas industry is clearly into digital innovation, but if this was like a baseball game, what inning are we in? Recently I was invited to address ARC Financial’s CEO Summit on the impacts of digital innovation in oil and gas. Jackie Forrest, the Senior Director of Research at the ARC Energy Research Institute, interviewed me on stage, and asked me how I would compare the adoption of … Read moreDigital Oil and Gas Still in Early Innings – Geoffrey Cann

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Energy Titan’s Take on Oil Nemesis Musk: `Creative, Innovative’

Nov 6, 2018, by Dan Murtaugh (Bloomberg) The head of Exxon Mobil Corp. has nothing but public praise for the man who may hasten the demise of the oil industry. “ Elon Musk is a very creative, innovative individual,” Darren Woods, chief executive officer of Exxon, said when asked his opinion of the Tesla Inc. … Read moreEnergy Titan’s Take on Oil Nemesis Musk: `Creative, Innovative’

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Five Things to Know in World Business Today

Nov 6, 2018, by Lorcan Roche Kelly (Bloomberg) Vote Welcome to election day. When the polls close this evening, we will start to find out if the Democrats have done enough to flip the House, or if President Donald Trump’s vigorous campaigning has been enough to help the Republicans retain control of Congress. The mostly likely … Read moreFive Things to Know in World Business Today

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Iran oil exports to plummet in Nov, then rebound as buyers use waivers

SINGAPORE/LONDON (Reuters) – Iran’s oil exports have fallen sharply since U.S. President Donald Trump said at mid-year he would reimpose sanctions on Tehran, but with waivers in hand the Islamic Republic’s major buyers are already planning to scale up orders again. The original aim of the sanctions was to cut Iran’s oil exports as much … Read moreIran oil exports to plummet in Nov, then rebound as buyers use waivers

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Oil prices down on Iran sanction exemptions, demand concerns

By Shadia Nasralla LONDON (Reuters) – Oil prices fell on Tuesday after Washington granted sanctions exemptions to top buyers of Iranian oil, lifting supply concerns and turning the market’s focus to worries that an economic slowdown may curb fuel demand. Benchmark Brent crude futures LCOc1 were down 53 cents at $72.64 a barrel by 1243 … Read moreOil prices down on Iran sanction exemptions, demand concerns

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Artificial Intelligence: What it is and how to get started – Aimsio

The phrases “Digital transformation” and “Artificial intelligence” (AI) are trending in the energy industry. Individuals and companies are trying to wrap their heads around these terms and make sense of what it all means. How could it benefit your business? Where do you start? Do you need to have a Ph.D. in AI to utilize … Read moreArtificial Intelligence: What it is and how to get started – Aimsio

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Bellatrix Announces Closing of Grafton Acquisition

Bellatrix Announces Closing of Grafton Acquisition November 05, 2018  | Source: Bellatrix Exploration Ltd. CALGARY, Alberta, Nov. 05, 2018 (GLOBE NEWSWIRE) — Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX, NYSE: BXE) announces that it has closed the previously announced acquisition of the remaining assets earned by Grafton Energy Co I Ltd. under the joint venture arrangement … Read moreBellatrix Announces Closing of Grafton Acquisition

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QINETIQ TARGET SYSTEMS AND CANADIAN UAVS SIGN MEMORANDUM OF UNDERSTANDING FOR COMMERCIAL AND MILITARY UAV SERVICES IN CANADA

Canadian UAVs Logo Feature

CALGARY, Alberta – QinetiQ Target Systems, the largest UAV manufacturer in Canada, and Canadian UAVs (CUAVS), Canada’s leading unmanned aviation solutions provider for enterprise and military applications, is proud to announce that they have signed a Memorandum of Understanding (MoU), outlining how the two companies will work together to bring combined ‘best of breed’ solutions … Read moreQINETIQ TARGET SYSTEMS AND CANADIAN UAVS SIGN MEMORANDUM OF UNDERSTANDING FOR COMMERCIAL AND MILITARY UAV SERVICES IN CANADA

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Strategic Oil & Gas Ltd. Announces Recapitalization Transaction

November 5, 2018 Globe Newswire CALGARY, Alberta, Nov. 05, 2018 (GLOBE NEWSWIRE) — Strategic Oil & Gas Ltd. (“Strategic” or the “Company“) (TSXV:SOG) announces further to its press release dated August 29, 2018 regarding its strategic alternatives process, the Company and certain investment funds managed by GMT Capital Corp. (the “GMT Funds“), have entered into a … Read moreStrategic Oil & Gas Ltd. Announces Recapitalization Transaction

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Crew Energy Inc. Announces Third Quarter 2018 Financial and Operating Results

November 5, 2018 CNW CALGARY, Nov. 5, 2018 /CNW/ – Crew Energy Inc. (TSX: CR) (“Crew” or the “Company”) is pleased to announce our operating and financial results for the three and nine month periods ended September 30, 2018.  Our Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) for the three and nine month periods … Read moreCrew Energy Inc. Announces Third Quarter 2018 Financial and Operating Results

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Encana Founder Blames Trudeau for Newfield Deal, U.S. Focus

Nov 3, 2018 by Kevin Orland (Bloomberg) — Encana Corp.’s founder and former Chief Executive Officer Gwyn Morgan said he’s disappointed by the driller’s $5.5 billion purchase of Newfield Exploration Co., which moves focus to the U.S. and dashes his hopes that the company would represent Canada on the world stage. Morgan, who named the … Read moreEncana Founder Blames Trudeau for Newfield Deal, U.S. Focus

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Oil rally faces tidal wave of supply

(Reuters) – The oil market’s two-year bull run is running into one of its biggest tests in months, facing a tidal wave of supply and growing worries about economic weakness sapping demand worldwide. After topping out at more than $75 and $85 a barrel just a month ago, both U.S. crude and Brent benchmark futures … Read moreOil rally faces tidal wave of supply

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Husky Energy Reaffirms Commitment to Full and Fair Offer for MEG Energy

Husky-Energy

November 05, 2018 | Source: Husky Energy Inc. Husky’s Offer is a Premium Valuation MEG’s Share Price Would Be Substantially Lower Absent the Offer Delivers Immediate Value With Comparable Upside and Much Less Risk CALGARY, Alberta, Nov. 05, 2018 (GLOBE NEWSWIRE) — Husky Energy (TSX:HSE) today reaffirms its commitment to the full and fair Offer to acquire MEG … Read moreHusky Energy Reaffirms Commitment to Full and Fair Offer for MEG Energy

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As U.S. starts oil sanctions against Iran, major buyers get waivers

A staff member removes the Iranian flag from the stage after a group picture with foreign ministers and representatives of the U.S., Iran, China, Russia, Britain, Germany, France and the European Union during the Iran nuclear talks at the Vienna International Center in Vienna, Austria July 14, 2015. REUTERS/Carlos Barria/File Photo

SEOUL/TOKYO (Reuters) – The United States reintroduced sanctions against Iranian oil on Monday while giving some of Washington’s closest allies exemptions that allow Tehran’s biggest customers, mostly in Asia, to keep buying crude for now. Washington has restored measures lifted under a 2015 nuclear deal negotiated with Tehran by the administration of President Barack Obama. … Read moreAs U.S. starts oil sanctions against Iran, major buyers get waivers

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Oil Trades Near Six-Month Low as Fears of a Shortage Subside

Oil-Prices

Nov 5, 2018, by Sharon Cho and Grant Smith (Bloomberg) Oil traded near a six-month low as the prospects of a tight global market at the end of year further receded after the U.S. softened the restart of sanctions against Iran. Crude in New York slipped 0.4 percent, falling for a sixth day. Sanctions against … Read moreOil Trades Near Six-Month Low as Fears of a Shortage Subside

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Welcome to Pipelines on Wheels as LNG Giant Turns to Trucks

Nov 5, 2018, by Dan Murtaugh (Bloomberg) Gas is in such hot demand in China right now it’s allowing a quirky market to flourish: transporting the fuel on trucks. Call them pipelines on wheels. The country’s top suppliers are loading liquefied natural gas onto tanker trucks and delivering it to users to make up for … Read moreWelcome to Pipelines on Wheels as LNG Giant Turns to Trucks

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Five Things to Know in World Business Today

Nov 5, 2018, by Lorcan Roche Kelly (Bloomberg) Split decision? With the most expensive midterm campaign in U.S. history coming to a close, both sides are braced for the possibility of a split Congress where Democrats gain control of the House while Republicans retain the Senate. Turnout is surging, with both sides saying they stand to … Read moreFive Things to Know in World Business Today

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Canadian Solar rejects CEO’s offer to take company private

(Reuters) – Canadian Solar (CSIQ.O) has rejected an offer from its Chief Executive Officer Shawn Qu to take the solar module maker private. The company will not review any future going-private deal proposed by Qu unless its board receives “reasonable evidence” that the transaction is fully financed, Canadian Solar said on Monday. Reporting by John … Read moreCanadian Solar rejects CEO’s offer to take company private

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New Trans Mountain Pipeline Review Doomed to Fail: Vancouver Mayor-Elect

Vancouver’s incoming mayor says a revamped National Energy Board review of the Trans Mountain pipeline expansion is likely doomed to fail and will land the federal government back in a courtroom.
The energy board is reviewing the project’s impacts on …

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Avoiding New Year Sales Panic – Sandler Training

Sandler-Training

Most salespeople take their foot off the accelerator in Q4. For some it’s because they’ve already hit their quota (or they believe they’ll coast in with opportunities already in their funnel). For others they’ve given up because they’re so far behind their target that they don’t believe they hit it unless a whale falls on their … Read moreAvoiding New Year Sales Panic – Sandler Training

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geoLOGIC’s basinINTEL-powered by BetaZi, helps you better allocate resources

geologic-feature

By accessing production forecasts for every well in Western Canada, you can track competitors’ activities. basinINTEL allows you to quickly filter results by province, by field, by well and by operator! It provides you with the single best and unbiased production forecasts, which helps you better plan and best allocate your resources. You can conveniently filter … Read moregeoLOGIC’s basinINTEL-powered by BetaZi, helps you better allocate resources

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Getting to know Energy Efficiency: Alberta’s Custom Energy Solutions

Energy Efficiency Alberta Feature Logo V2

In May 2018, Energy Efficiency Alberta announced a new program focusing on tailored improvements for a variety of industrial, institutional and commercial facilities. Custom Energy Solutions offers a wide range of offerings for Alberta businesses including scoping audits to identify potential improvement opportunities, incentives to hire an on-site energy manager, and a variety of incentives … Read moreGetting to know Energy Efficiency: Alberta’s Custom Energy Solutions

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Join Haskayne Executive Education for a complimentary lunch and learn session on Engaging Your Teamwork Superpowers. RSVP here!

UofC Haskayne Feature Logo

Engaging Your Teamwork Superpowers: FREE Lunch and Learn Join us for a complimentary Lunch and Learn session with Willow Brocke, and learn more on building effective teams by understanding the basic ‘neuroscience’ of teamwork and why it matters so much. Friday, November 23, 2018 Lunch: 11:30 a.m. Session: 12:00 – 1:00 p.m. MST (GMT-7) Location: … Read moreJoin Haskayne Executive Education for a complimentary lunch and learn session on Engaging Your Teamwork Superpowers. RSVP here!

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Do you understand the Fundamentals of the Safety Lifecycle? Take the course November 14-15, 2018

ACM_Logo_feature

If your role involves understanding the safety in facilities from Concept to Operation to Decommissioning you need to take this course! HERE IS WHAT SOME OF OUR PAST ATTENDEES HAVE SAID:   “Great course! The instructor made the course very enjoyable. With their wealth of knowledge and experience they could answer all of the questions, … Read moreDo you understand the Fundamentals of the Safety Lifecycle? Take the course November 14-15, 2018

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Canadian UAVS enters into a third party financing relationship with CWB Maxium Financial

Canadian UAVs Logo Feature

CALGARY, Alberta — Canadian UAVs (CUAVS), a leading supplier of commercial unmanned aerial vehicles (UAV), commonly known as drones, has entered into a referral relationship with CWB Maxium Financial, a proud member of the CWB Financial Group (TSX:CWB). Canadian UAVs offers commercial drone leasing, training and maintenance solutions for utility enterprises.  The referral relationship for … Read moreCanadian UAVS enters into a third party financing relationship with CWB Maxium Financial

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Encana’s Newfield Sweeteners Draw a Sour Response: Liam Denning

Encana Logo

Nov 1, 2018, by Liam Denning (Bloomberg Opinion) When you’re selling a deal, it helps to throw in a gift or two. That’s Encana Corp.’s approach in pitching Thursday’s surprise $7.7 billion acquisition of Newfield Exploration Co. to investors. This is one tough crowd, though: Encana’s stock dropped by almost 18 percent in early trading. In theory, the … Read moreEncana’s Newfield Sweeteners Draw a Sour Response: Liam Denning

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Canada Weekly Rig Count Down 2 for Week Ending November 2, 2018

Drilling Rig 400x270

Canada’s drilling rig count decreased by 2 actively drilling rigs according to data collected by Baker Hughes for the week of November 2nd. From one week ago, Alberta rig counts decreased 2 to 139 and the Saskatchewan rig counts decreased 1 to 37. Oil drilling decreased 3 to 121 and gas drilling increased 1 to … Read moreCanada Weekly Rig Count Down 2 for Week Ending November 2, 2018

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Alberta Energy Regulator Comments on Industry Liabilities

For immediate release Calgary, Alberta (Nov 01, 2018) Several media outlets have reported liability estimates provided by the AER in presentations to industry. We want to apologize for the concern and confusion that this information has caused. The numbers are staggering – $260 billion in total liability, which is $200 billion more than we have … Read moreAlberta Energy Regulator Comments on Industry Liabilities

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Oil Caps Worst Week Since February as Iran Supply Fears Subside

Oil-Prices

Nov 2, 2018 by Samuel Robinson (Bloomberg)  Oil extended its slide to six-month lows as the U.S. softened its crackdown on Iranian exports and American supplies surged, easing concerns of an impending shortage. Futures slumped 6.3 percent this week, the biggest drop since early February. The U.S. has agreed to let eight countries — including … Read moreOil Caps Worst Week Since February as Iran Supply Fears Subside

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Jim Ellis resigns as AER president and Chief Executive Officer

For immediate release Calgary, Alberta (Nov 02, 2018)… The Alberta Energy Regulator (AER) announced today that Jim Ellis, president and Chief Executive Officer, will resign from the organization, effective January 31, 2019. Mr. Ellis joined the AER in 2013 as the first CEO for the newly-formed regulator. Mr. Ellis worked with the Government of Alberta and … Read moreJim Ellis resigns as AER president and Chief Executive Officer

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Oil Explorers Hold Course on Drilling as Prices Signal Growth

Nov 2, 2018, by David Wethe (Bloomberg) Oil explorers maintained drilling activity close to a 3 1/2-year high, spurred by oil prices that have been above $60 a barrel for most of this year. Working U.S. oil rigs ticked down by one to 874, according to data released Friday by oilfield services provider Baker Hughes. … Read moreOil Explorers Hold Course on Drilling as Prices Signal Growth

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GuildOne Wins Prestigious ASTech Award for Outstanding Achievement in Tech

November 2, 2018 Globe Newswire Calgary-based advanced data solutions and business intelligence provider recognized for innovative application of blockchain and machine intelligence in Alberta energy sector CALGARY, Alberta, Nov. 02, 2018 (GLOBE NEWSWIRE) — GuildOne Inc. (GuildOne) is proud to announce that it has been selected as the 2018 winner of the ASTech award for Outstanding … Read moreGuildOne Wins Prestigious ASTech Award for Outstanding Achievement in Tech

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U.S. oil drillers cut rigs for first week in four: Baker Hughes

(Reuters) – The U.S. oil drilling rig count declined this week for the first time in four weeks, although the rig count held close to its highest in over three years as production surges to record highs and some companies forecast even higher output this year. Drillers cut one oil rig in the week to … Read moreU.S. oil drillers cut rigs for first week in four: Baker Hughes

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Encana’s CEO Probably Isn’t Moving Back to Calgary Anytime Soon

Nov 1, 2018, by Kevin Orland (Bloomberg)  The CEO of Calgary-based Encana Corp. is at no risk of losing his Texas accent. With the $5.5 billion purchase of Texas-based Newfield Exploration Co., Doug Suttles says he envisions a “headquarterless” company. That transformation may have actually begun in March when he moved house to Denver. Ever since … Read moreEncana’s CEO Probably Isn’t Moving Back to Calgary Anytime Soon

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Bellatrix Exploration Ltd. Announces Third Quarter 2018 Financial and Operating Results

November 01, 2018  | Source: Bellatrix Exploration Ltd. CALGARY, Alberta, Nov. 01, 2018 (GLOBE NEWSWIRE) — Bellatrix Exploration Ltd. (“Bellatrix”, “we”, “us”, “our” or the “Company”) (TSX, NYSE: BXE) announces its financial and operating results for the three and nine months ended September 30, 2018.  This press release contains forward-looking statements.  Please refer to our cautionary language on forward-looking … Read moreBellatrix Exploration Ltd. Announces Third Quarter 2018 Financial and Operating Results

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Cardinal Energy Ltd. Announces Third Quarter 2018 Result

CALGARY, Alberta, Nov. 01, 2018 (GLOBE NEWSWIRE) — (TSX: CJ) Cardinal Energy Ltd. (“Cardinal” or the “Company”) is pleased to announce its operating and financial results for the quarter ended September 30, 2018. The Company’s unaudited financial statements and management’s discussion and analysis for the quarter ended September 30, 2018, will be available on the … Read moreCardinal Energy Ltd. Announces Third Quarter 2018 Result

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Parkland Fuel Corporation Reports Record Q3 Adjusted EBITDA of $200 million and Payout Ratio of 28%

November 01, 2018  | Source: Parkland Fuel Corporation Parkland Tracking Well Toward 2018 Adjusted EBITDA Guidance of $775 Million ± 5% CALGARY, Alberta, Nov. 01, 2018 (GLOBE NEWSWIRE) — Parkland Fuel Corporation, (“Parkland”, “We”, or “Our”) (TSX:PKI) Canada’s largest and one of North America’s fastest growing independent marketers of fuel and petroleum products and a leading convenience … Read moreParkland Fuel Corporation Reports Record Q3 Adjusted EBITDA of $200 million and Payout Ratio of 28%

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Baytex Reports Strong Q3 2018 Results and Significant Duvernay Light Oil Discovery

November 02, 2018 06:30 ET | Source: Baytex Energy Corp. CALGARY, Alberta, Nov. 02, 2018 (GLOBE NEWSWIRE) — Baytex Energy Corp. (“Baytex”) (TSX, NYSE: BTE) reports its operating and financial results for the three and nine months ended September 30, 2018 (all amounts are in Canadian dollars unless otherwise noted). “Our strategic combination has repositioned Baytex as a … Read moreBaytex Reports Strong Q3 2018 Results and Significant Duvernay Light Oil Discovery

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Trudeau’s dilemma: how to be tough on Saudi Arabia and save jobs

LONDON, Ontario (Reuters) – Canadian Prime Minister Justin Trudeau is faced with a dilemma as an election approaches – how to credibly clamp down on Riyadh over its human rights record while sparing a $13 billion arms deal with Saudi Arabia. Trudeau, who has promised “consequences” for the murder of Saudi journalist Jamal Khashoggi, is … Read moreTrudeau’s dilemma: how to be tough on Saudi Arabia and save jobs

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Five Things to Know in World Business Today

Nov 2, 2018, by Lorcan Roche Kelly and Cecile Gutscher (Bloomberg) Terms of trade President Donald Trump seems to want to reach a trade deal with China when he meets President Xi Jinping at the G20 next month. He has asked key U.S. officials to start drawing up potential terms for a deal, according to four people … Read moreFive Things to Know in World Business Today

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It’s Not Just Facebook and Google Buying Clean Power Anymore

Nov 1, 2018, by Brian Eckhouse (Bloomberg) Companies don’t have to be as big as Walmart Inc. or Facebook Inc. to buy solar or wind power anymore. Businesses with more modest appetites for electricity — including Swiss Re AG, Nestle SA and others — are increasingly banding together to line up deals for clean power, … Read moreIt’s Not Just Facebook and Google Buying Clean Power Anymore

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OPEC Output Climbs to Highest Since 2016 on Saudi, Libyan Gains

Nov 1, 2018, by Grant Smith (Bloomberg) OPEC’s crude production climbed to the highest level since 2016 as increases by Saudi Arabia and Libya offset losses stemming from impending U.S. sanctions on Iran. The group’s 15 members boosted output by 430,000 barrels a day to 33.33 million a day in October, according to a Bloomberg … Read moreOPEC Output Climbs to Highest Since 2016 on Saudi, Libyan Gains

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Oil Producers in Canada Look Past Grim Days to a Rosier Future

Nov 2, 2018, by Robert Tuttle and Kevin Orland (Bloomberg) The sun will come out tomorrow, or at least some time next year. That’s the message from Canadian oil producers suffering from the worst domestic glut in at least a decade. Even as prices dipped to new lows on Thursday, some companies including Suncor Energy … Read moreOil Producers in Canada Look Past Grim Days to a Rosier Future

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Whitecap Resources Inc. Announces Record Funds Flow and Third Quarter 2018 Results

November 1, 2018 CNW CALGARY, Nov. 1, 2018 /CNW/ – Whitecap Resources Inc. (“Whitecap” or the “Company”) (TSX: WCP) is pleased to report its operating and unaudited financial results for the three and nine months ended September 30, 2018. Selected financial and operating information is outlined below and should be read with Whitecap’s unaudited interim consolidated financial statements and … Read moreWhitecap Resources Inc. Announces Record Funds Flow and Third Quarter 2018 Results

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Shell Canada sees cost advantage in LNG Canada expansion

CALGARY, Alberta (Reuters) – An expansion of LNG Canada has a cost advantage over its rivals in the race to build more liquefied natural gas export capacity, but a go-ahead decision on phase two is likely still a few years away, Shell Canada’s president said on Thursday. “What’s in our favor now is expansions are … Read moreShell Canada sees cost advantage in LNG Canada expansion

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Suncor Energy not trimming oil output as rivals pull back

CALGARY, Alberta (Reuters) – Suncor Energy Inc, Canada’s second-largest energy producer, does not need to reduce crude output as some of its peers are doing to cope with low prices, Chief Executive Steve Williams said on Thursday. Suncor, which has dedicated pipeline space for its crude as well as refineries in Canada, is mostly insulated … Read moreSuncor Energy not trimming oil output as rivals pull back

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PSAC Forecasts 6,600 Wells Drilled in 2019 The Pain Continues

PSAC_Feature

CALGARY, AB, November 1, 2018 – Today, the Petroleum Services Association of Canada (PSAC) released its 2019 Canadian Drilling Activity Forecast. PSAC expects a total of 6,600 wells (rig releases) to be drilled in Canada in 2019. For 2018, the Association’s final revised forecast predicts a yearly total of 6,980 wells. PSAC bases its 2019 … Read morePSAC Forecasts 6,600 Wells Drilled in 2019 The Pain Continues

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TransCanada eyes joint ventures, sales to fund Keystone XL

(Reuters) – Canadian pipeline operator TransCanada Corp said on Thursday it is eyeing joint ventures and asset sales, among other options, to finance the construction of its $8 billion Keystone XL crude oil pipeline. The Calgary-based company also said it has had substantial interest from potential partners for its Coastal Gaslink pipeline, which will carry … Read moreTransCanada eyes joint ventures, sales to fund Keystone XL

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Suncor Energy CEO sees no need for oil output cuts despite growing discounts

CALGARY, Alberta, Nov 1 (Reuters) – Suncor Energy Inc , Canada’s second-largest energy producer, does not need to reduce crude output as some of its peers are doing to cope with low prices, Chief Executive Steve Williams said on Thursday. Suncor, which has dedicated pipeline space for its crude as well as refineries in Canada, … Read moreSuncor Energy CEO sees no need for oil output cuts despite growing discounts

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Master Of Engineering UBC

MEG Energy reports record production, record low net operating costs per barrel, and strong funds flow from operations in third quarter of 2018

November 1, 2018 CNW Solid operations deliver production and cash flow growth All financial figures in Canadian dollars ($ or C$) unless otherwise noted CALGARY, Nov 1, 2018 /CNW/ – MEG Energy Corp. (TSX:MEG) today reported third quarter 2018 operating and financial results. Highlights include: Record quarterly bitumen production volumes of 98,751 barrels per day (bpd) and low … Read moreMEG Energy reports record production, record low net operating costs per barrel, and strong funds flow from operations in third quarter of 2018

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Iridium Risk Services
Olds College
Capstone Oilfield Services Ltd.
Xi Technologies Inc.
Display Dynamics
Sur-Flo Meters & Controls Ltd.
Northern Mat & Bridge LP
Master Of Engineering UBC

The Petroleum Services Association of Canada (PSAC) welcomes new President and CEO

PSAC_Feature

CALGARY, ALBERTA, November 1, 2018 – Following an extensive search process with Optimum Talent, the Board of Directors is pleased to announce that Mr. Gary G. Mar will become the new President and CEO of the Petroleum Services Association of Canada (PSAC) on December 1, 2018. Gary brings to PSAC global and entrepreneurial business experience … Read moreThe Petroleum Services Association of Canada (PSAC) welcomes new President and CEO

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Xi Technologies Inc.
Capstone Oilfield Services Ltd.
Iridium Risk Services
Olds College
Display Dynamics
Northern Mat & Bridge LP
Sur-Flo Meters & Controls Ltd.
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Encana announces strategic combination with Newfield Exploration Company; intends to raise dividend by 25 percent and expand its share buyback program to $1.5 billion, post closing

November 01, 2018  | Source: Encana Corporation CALGARY, Alberta, Nov. 01, 2018 (GLOBE NEWSWIRE) — Encana Corporation (Encana) (TSX, NYSE: ECA) and Newfield Exploration Company (Newfield) (NYSE: NFX) today announced that they have entered into a definitive agreement whereby Encana will acquire all of the outstanding shares of common stock of Newfield in an all-stock transaction valued … Read moreEncana announces strategic combination with Newfield Exploration Company; intends to raise dividend by 25 percent and expand its share buyback program to $1.5 billion, post closing

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Olds College
Xi Technologies Inc.
Iridium Risk Services
Capstone Oilfield Services Ltd.
Master Of Engineering UBC
Sur-Flo Meters & Controls Ltd.
Display Dynamics
Northern Mat & Bridge LP

Commentary: Five reasons why Trump’s Iran sanctions will fail

By Seyed Hossein Mousavian The next round of economic sanctions on Iran, which will start going into effect on Nov.4, will mainly target the country’s oil and gas industries. These sanctions were eased after the 2015 signing of the Joint Comprehensive Plan of Action (JCPOA), commonly known as the Iran nuclear deal, but are being … Read moreCommentary: Five reasons why Trump’s Iran sanctions will fail

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Capstone Oilfield Services Ltd.
Xi Technologies Inc.
Iridium Risk Services
Olds College
Master Of Engineering UBC
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Northern Mat & Bridge LP
Sur-Flo Meters & Controls Ltd.

Getting Canadian Propane to Asian markets – The Ridley Island  Propane Export Terminal success story – McCall

By Maureen McCall The Ridley Terminal Propane Export Terminal – the first on Canada’s West Coast to export cleaner-burning propane from BC and Alberta to Asia is on time and on budget. Commercial operations are on track to start April 1, 2019. It’s been endorsed by BC Premier John Horgan last year as “an excellent … Read moreGetting Canadian Propane to Asian markets – The Ridley Island  Propane Export Terminal success story – McCall

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Capstone Oilfield Services Ltd.
Olds College
Iridium Risk Services
Xi Technologies Inc.
Northern Mat & Bridge LP
Sur-Flo Meters & Controls Ltd.
Master Of Engineering UBC
Display Dynamics

U.S. doesn’t want to harm friends, allies with Iran sanctions: Bolton

A staff member removes the Iranian flag from the stage after a group picture with foreign ministers and representatives of the U.S., Iran, China, Russia, Britain, Germany, France and the European Union during the Iran nuclear talks at the Vienna International Center in Vienna, Austria July 14, 2015. REUTERS/Carlos Barria/File Photo

WASHINGTON (Reuters) – U.S. national security adviser John Bolton said on Wednesday the Trump administration wants sanctions on Iran’s crude exports to strain Tehran, but does not want to harm countries that depend on the oil. The United States is preparing to impose the new sanctions on Iran’s oil industry after Washington withdrew from a … Read moreU.S. doesn’t want to harm friends, allies with Iran sanctions: Bolton

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Xi Technologies Inc.
Olds College
Iridium Risk Services
Capstone Oilfield Services Ltd.
Master Of Engineering UBC
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