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NOW ON! PSAC is a Proud Supporter of STARS Through the PSAC STARS & Spurs 50/50 Raffle

PSAC_Feature

One lucky Albertan will win a minimum of $200K CALGARY, AB (May 12, 2021) – The Petroleum Services Association of Canada (PSAC) is proud to continue our partnership with the Shock Trauma Air Rescue Service (STARS) by supporting the promotion of the PSAC STARS & Spurs 50/50 raffle, presented by Precision Drilling. This raffle, launched on May 10, 2021, has … Read moreNOW ON! PSAC is a Proud Supporter of STARS Through the PSAC STARS & Spurs 50/50 Raffle

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Enbridge federal court case receives broad support from government, business and labor from Michigan, Canada, and throughout the region

NEWS PROVIDED BY Enbridge Inc. May 12, 2021 CALGARY, AB and LANSING, Mich., May 12, 2021 /CNW/ – The Government of Canada and entities representing hundreds of thousands of businesses and workers from across the Great Lakes region in the United States and Canada demonstrated support for Enbridge’s case in federal court over the Line … Read moreEnbridge federal court case receives broad support from government, business and labor from Michigan, Canada, and throughout the region

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Irresponsible Politics: Line 5 shutdown threatens thousands of jobs in Canada, U.S. – Deborah Jaremko

Planned replacement tunnel expected to create jobs and provide safety certainty By Deborah Jaremko Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Artist’s rendering of $500-million Line 5 tunnel project proposed by Enbridge to protect the pipeline under the Great Lakes. Photograph courtesy Enbridge New estimates raise the number … Read moreIrresponsible Politics: Line 5 shutdown threatens thousands of jobs in Canada, U.S. – Deborah Jaremko

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$5.8 Billion: A Michigan-Canada Energy Snapshot – Lennie Kaplan and Mark Milke

Enbridge’s Line 5 pipeline part of strong historic energy trade relationship between Canada and Michigan By Lennie Kaplan and Mark Milke Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter The Mackinac Bridge straddles the Straits of Mackinac connecting Michigan’s upper and lower peninsulas. Getty Images photo Download the PDF here Download the … Read more$5.8 Billion: A Michigan-Canada Energy Snapshot – Lennie Kaplan and Mark Milke

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ARRON GUNN: Watch: Ellis Ross on “White Guilt”, Pipeline Protesters and Political Correctness

For too long, media and activists in our society have painted First Nations with the same paternalistic brush – especially when it comes to the development of our resources. The reality, in many cases, couldn’t be further from the truth. Thank you Ellis Ross for the insightful chat! SUBSCRIBE: https://www.youtube.com/aarongunnbc​​ JOIN THE FIGHT: https://aarongunn.ca/join/​​​​​​​​ SUPPORT … Read moreARRON GUNN: Watch: Ellis Ross on “White Guilt”, Pipeline Protesters and Political Correctness

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Enbridge vows to keep pipeline open, girds for legal fight with Michigan

Reuters May 11, 2021 CALGARY — Canadian pipeline company Enbridge Inc is squaring off for a legal battle with Michigan and courting protests from environmental groups, betting it can ignore the U.S. state’s Wednesday deadline to shut its oil pipeline that runs under the Straits of Mackinac.“We will not stop operating the pipeline unless we … Read moreEnbridge vows to keep pipeline open, girds for legal fight with Michigan

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IEA Says Oil Glut Gone Even as Demand Forecast Cut on India

May 12, 2021 (Bloomberg) The International Energy Agency said the supply glut created by the global pandemic has cleared, even as demand suffers a blow from a resurgence of the virus in India.Surplus oil inventories in developed nations are now just a small fraction of the levels seen when demand collapsed last year, with output cuts … Read moreIEA Says Oil Glut Gone Even as Demand Forecast Cut on India

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Hot Corner of ESG Investing Is Cooling Fast and Losing Cash

May 12, 2021 (Bloomberg) After a stellar 2020, the record-breaking boom in clean-energy funds is rapidly giving way to a bust.Investors are yanking cash from the sector at the fastest pace in a year, while two of the biggest exchange-traded funds tracking the industry — the iShares Global Clean Energy ETF (ICLN) and Invesco Solar ETF … Read moreHot Corner of ESG Investing Is Cooling Fast and Losing Cash

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World Oil Nears $70 With IEA Positive on Stockpiles, Pipe Still Shut

May 12, 2021 (Bloomberg) Oil rose toward $70 a barrel in London after the International Energy Agency said a record glut built up last year is gone, while the shutdown of a key U.S. pipeline sent gasoline prices soaring.Brent futures added 1.2% in a fourth day of gains. The IEA cut its oil demand forecasts in … Read moreWorld Oil Nears $70 With IEA Positive on Stockpiles, Pipe Still Shut

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Pipestone Energy Corp. Reports Record First Quarter 2021 Results and Provides an Operations Update

May 12, 2021 CALGARY, Alberta, May 12, 2021 (GLOBE NEWSWIRE) — (PIPE – TSX) Pipestone Energy Corp. (“Pipestone” or the “Company”) is pleased to report its Q1 2021 financial and operational results, as well as provide an update on its operations. Pipestone continues to efficiently grow its highly economic condensate-rich Montney asset. The Company is well on … Read morePipestone Energy Corp. Reports Record First Quarter 2021 Results and Provides an Operations Update

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Too Cold to Handle? Race is on to Pioneer Shipping of Hydrogen

Jonathan Saul The logo of the CO2-free Hydrogen Energy Supply-chain Technology Research Association (HySTRA) is seen on a liquefied hydrogen storage tank built by Kawasaki Heavy Industries at the hydrogen receiving terminal at the Kobe Airport Island in Kobe, western Japan January 22, 2021. Picture taken January 22, 2021. REUTERS/Yuka Obayashi/File Photo Hydrogen is touted … Read moreToo Cold to Handle? Race is on to Pioneer Shipping of Hydrogen

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Analysis: Cyberattack exposes lack of required defenses on U.S. pipelines

Holding tanks are seen in an aerial photograph at Colonial Pipeline’s Dorsey Junction Station in Woodbine, Maryland, U.S. May 10, 2021. REUTERS/Drone Base The shutdown of the biggest U.S. fuel pipeline by a ransomware attack highlights a systemic vulnerability: Pipeline operators have no requirement to implement cyber defenses. The U.S. government has had robust, compulsory … Read moreAnalysis: Cyberattack exposes lack of required defenses on U.S. pipelines

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XI Technologies: WATCH: The Role of ARO in Effective A&D

Each week, XI Technologies scans its unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you’d like to receive our Wednesday Word to the Wise in your inbox, subscribe here.  When scoping for acquisitions, it’s not enough to examine the potential profit of … Read moreXI Technologies: WATCH: The Role of ARO in Effective A&D

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Recommended Practices for Cost Estimating Maintenance Turnarounds

By Gordon Lawrence The Recommended Practices issued by AACE International are widely recognized and have been adopted in estimating and control departments across the process industries. Until recently, the focus of these practices was mainly on capital projects. However, they are now also beginning to cover Maintenance Turnarounds. As an initial step in covering this … Read moreRecommended Practices for Cost Estimating Maintenance Turnarounds

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WATCH: Global Energy Show 5×5 – Interview with Kate Chisholm, SVP & Sustainability Officer, Capital Power

Global Energy Show GES Feature Logo 400x270

Kate Chisholm, Q.C., Senior Vice President, Planning, Stakeholder Relations and Chief Sustainability Officer at Capital Power discusses the goal of going net carbon neutral by 2050, attracting investment from ESG investors and how supporting diversity, inclusion and equity helps Capital Power succeed. To learn more about the Global Energy Show, or to register, please visit: www.globalenergyshow.com or … Read moreWATCH: Global Energy Show 5×5 – Interview with Kate Chisholm, SVP & Sustainability Officer, Capital Power

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Scovan Engineering Inc. and Hive Innovations Inc. agree to merge to form a united company under the Scovan brand

Scovan Feature Logo 400x270

Greater Alignment.  Stronger Vision.  Immense Value. Scovan is once again advancing the emerging energy and energy innovation space by merging with Hive.  The new combined company will allow for more aligned synergies and offer a stronger value proposition to our partners. Calgary, AB – May 12, 2021: Scovan Engineering Inc. (Scovan) and HIVE Innovations Inc. … Read moreScovan Engineering Inc. and Hive Innovations Inc. agree to merge to form a united company under the Scovan brand

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Energy sector prepares for risks and rewards of digital disruption

KPMG Logo

By Jeff Thomas, Partner, Advisory Services, KPMG in Canada; Julie Pépin, Partner, Internal Audit, Risk & Compliance Services, KPMG in Canada; and Narmin Vasanji, Partner, Management Consulting, KPMG in Canada COVID-19 has spurred organizations to undergo widespread and rapid digital transformation. About one-third of the 500 small and medium-sized Canadian businesses surveyed by KPMG have … Read moreEnergy sector prepares for risks and rewards of digital disruption

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Delta Remediation Partners with BullHorn Bio-Remediation to Bring Indigenous Environmental Services to the Canadian Marketplace

Delta Remediation Feature Logo 400x270

Providing Naturally Amplified Solutions for Effective Remediation Effective April 30, 2021 – Delta Remediation Inc, a leader in bioremediation, officially entered a strategic partnership with BullHorn Bio-Remediation to provide Canadian industrial sectors with a variety of innovative environmental products and services. The BullHorn Delta partnership is majority-owned by BullHorn Bio-Remediation making the partnership applicable for indigenous engagement and … Read moreDelta Remediation Partners with BullHorn Bio-Remediation to Bring Indigenous Environmental Services to the Canadian Marketplace

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Canada says U.S. ties could be undermined if Michigan shuts pipeline

A day before Michigan’s deadline to close down a key crude oil pipeline, Canada on Tuesday issued its strongest remarks so far, saying the move could undermine relations with the United States, its closest ally and trading partner. Canadian company Enbridge Inc (ENB.TO) is preparing for a legal battle with Michigan and courting protests from environmental groups, … Read moreCanada says U.S. ties could be undermined if Michigan shuts pipeline

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NuVista Energy Ltd. Announces Positive First Quarter 2021 Financial and Operating Results

May 11, 2021 CALGARY, Alberta, May 11, 2021 (GLOBE NEWSWIRE) — NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX:NVA) is pleased to announce financial and operating results for the three months ended March 31, 2021, and provide a number of updates which demonstrate continued successful advancement of our Pipestone and Wapiti Montney play development. This … Read moreNuVista Energy Ltd. Announces Positive First Quarter 2021 Financial and Operating Results

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Prairie Provident Resources Announces First Quarter 2021 Results and Successful First Half 2021 Drilling Program

May 11, 2021  CALGARY, Alberta, May 11, 2021 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) today announces our financial and operating results for the three months ended March 31, 2021. PPR’s unaudited condensed interim consolidated financial statements for the three months ended March 31, 2021 (“Interim Financial Statements”) and related Management’s … Read morePrairie Provident Resources Announces First Quarter 2021 Results and Successful First Half 2021 Drilling Program

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Questerre reports first quarter 2021 results

May 11, 2021  THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, May 11, 2021 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its financial and operating results for the first quarter … Read moreQuesterre reports first quarter 2021 results

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NXT Energy Solutions Announces First Quarter 2021 Results

May 11, 2021 CALGARY, Alberta, May 11, 2021 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX: SFD; OTC QB: NSFDF) today announced the Company’s financial and operating results for the quarter ended March 31, 2021. All dollar amounts herein are in Canadian Dollars unless otherwise identified. Q1 Financial and Operating Highlights … Read moreNXT Energy Solutions Announces First Quarter 2021 Results

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Freehold Royalties Ltd. Announces First Quarter 2021 Results and Increases Dividend by 33%

May 11, 2021 CALGARY, Alberta, May 11, 2021 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announces first quarter results for the period ended March 31, 2021. OPERATING AND FINANCIAL HIGHLIGHTS Three Months Ended March 31 FINANCIAL ($000s, except as noted) 2021 2020 Change Royalty and other revenue 36,745 26,284 40 % Net … Read moreFreehold Royalties Ltd. Announces First Quarter 2021 Results and Increases Dividend by 33%

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Element Materials Technology: Register for May 18, 2021 live webinar – Back to the Basics: Sampling 101 to learn best practices for soil and water sampling.

    Register today for a live webinar on May 18th from 12-1 PM MDT to cover frequently asked questions about sampling so you can ensure quality results every time. Industry professionals Reesha Parmar and Danielle Hutson will show you how to reduce sampling errors and non-conformances and maintain sample integrity. Can’t attend live? Register … Read moreElement Materials Technology: Register for May 18, 2021 live webinar – Back to the Basics: Sampling 101 to learn best practices for soil and water sampling.

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Bonterra Energy Corp. Announces First Quarter 2021 Results

May 11, 2021 CALGARY, AB, May 11, 2021 /CNW/ – Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) (“Bonterra” or the “Company”) today announces its operating and financial results for the three month period ended March 31, 2021.  The related unaudited condensed financial statements and notes, as well as management’s discussion and analysis (“MD&A”), are available on SEDAR at www.sedar.com and on Bonterra’s website … Read moreBonterra Energy Corp. Announces First Quarter 2021 Results

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Unifor welcomes Canada’s intervention on eve of line 5 closure

May 11, 2021 CALGARY, AB, May 11, 2021 /CNW/ – Unifor is relieved the federal Minister of Natural Resources is intervening on the eve of tomorrow’s deadline for Enbridge to shut down a key artery in the energy infrastructure between Canada and the U.S., providing vital energy needs for four provinces and four states. “The Governor of Michigan is recklessly messing with a critical … Read moreUnifor welcomes Canada’s intervention on eve of line 5 closure

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Impact of Colonial Pipeline hack on Canadian gasoline prices ‘negligible’: analyst

TORONTO – An expert is reassuring Canadians to not be worried about a spike in gasoline prices after a cyberattack on a critical U.S. pipeline. The Colonial Pipeline, which delivers about 45 per cent of the fuel used along the Eastern seaboard, shut down Friday after a ransomware attack, reportedly causing gasoline prices in some … Read moreImpact of Colonial Pipeline hack on Canadian gasoline prices ‘negligible’: analyst

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Russia denies involvement in Colonial Pipeline cyberattack

Reuters Holding tanks are seen in an aerial photograph at Colonial Pipeline’s Dorsey Junction Station in Woodbine, Maryland, U.S. May 10, 2021. REUTERS/Drone Base Russia’s embassy in the United States on Tuesday rejected speculation that Moscow had any responsibility for a ransomware cyberattack that has disrupted activity at the biggest U.S. gasoline pipeline. President Joe … Read moreRussia denies involvement in Colonial Pipeline cyberattack

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Global renewable energy grew at fastest pace in two decades in 2020 – IEA

Renewable energy grew at its fastest pace in two decades last year, led by China, and will continue to grow in the next two years, a report by the International Energy Agency (IEA) showed on Tuesday. New renewable energy capacity in 2020 rose by 45% to 280 gigawatts (GW) last year, the largest year-on-year increase … Read moreGlobal renewable energy grew at fastest pace in two decades in 2020 – IEA

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OPEC sticks to 2021 oil demand growth forecast despite Indian COVID crisis

OPEC Secretary-General Mohammad Barkindo addresses a news conference in Vienna, Austria, November 7, 2017. REUTERS/Heinz-Peter Bader

OPEC on Tuesday stuck to its prediction of a strong recovery in world oil demand in 2021 as growth in China and the United States counters the coronavirus crisis in India, an outlook that bolsters the group’s plan to gradually ease output cuts. The Organization of the Petroleum Exporting Countries expected demand to rise by … Read moreOPEC sticks to 2021 oil demand growth forecast despite Indian COVID crisis

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Oil Declines With Inflation Fears Eroding Market Confidence

Oil-Prices

May 11, 2021 (Bloomberg) Oil fell with global equities after a recent rally that has taken some commodities to record high levels brought on concerns over inflation.U.S. crude futures were down 1.2%. Gasoline and heating-oil markets were also weaker with the hacked Colonial Pipeline system in the U.S. returning operations at one section of the key link. Full services are … Read moreOil Declines With Inflation Fears Eroding Market Confidence

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Suncor and ATCO partner on a potential world-scale clean hydrogen project in Alberta

May 11, 2021 Our ATCO/Suncor decision to collaborate on this potential project follows welcome messages of support from both the Government of Canada and the Government of Alberta for emission-reduction projects and infrastructure. Such collaboration between governments and business and across sectors will be critical to progressing this project and achieving Canada’s net zero by … Read moreSuncor and ATCO partner on a potential world-scale clean hydrogen project in Alberta

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EnergyNow is hosting the Energy Innovation Month from June 1st to 30th, 2021

This month-long promotional campaign will feature all of the latest and greatest innovation, technology, and research from experts across the energy sector. Sign-up to be one of the innovative companies to publish your marketing content, promote your products & present your innovation. Click Here To Learn More

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Clarifying Carbon Credits: An Undervalued Opportunity For Producers

Clear Rush Co Feature Logo 400x270

The Carbon Offset trading market has seen a significant increase in activity during recent years. As more industries, including the oil and gas sector, move towards net-zero carbon emissions, many companies are investigating ways to generate or purchase carbon offsets to achieve their long-term goals. The province of Alberta, Canada has had a carbon registry … Read moreClarifying Carbon Credits: An Undervalued Opportunity For Producers

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O’Toole’s Carbon Taxes Would Come with Big Costs for Families – Franco Terrazzano

Monday, May 10, 2021 Erin O’Toole’s proposed carbon taxes would cost you more to heat your home, put food on the table and drive to work. The leader of the Conservative Party of Canada broke his promise and announced that if elected prime minister, he’s going to impose his own carbon tax at $50 per … Read moreO’Toole’s Carbon Taxes Would Come with Big Costs for Families – Franco Terrazzano

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Reckless Michigan Politics: Line 5 Shutdown Would Cause at Least $20.8B in Losses to Michigan, Ohio, Indiana and Pennsylvania, Analysis Finds

Consumer Energy Alliance Releases Report Highlighting Economic Impacts to Midwest and Great Lakes Consumers from Reckless Line 5 Closure May 10, 2021 LANSING, Mich.–(BUSINESS WIRE)–An unnecessary and premature shutdown of the Line 5 pipeline risks at least 33,000 jobs and a minimum of $20.8 billion in economic losses to consumers in Michigan, Ohio, Indiana and Pennsylvania, an independent third-party analysis requested by Consumer … Read moreReckless Michigan Politics: Line 5 Shutdown Would Cause at Least $20.8B in Losses to Michigan, Ohio, Indiana and Pennsylvania, Analysis Finds

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Renewed Cyber Worries in Oil and Gas – Geoffrey Cann

A fresh ransomware attack on an energy company reminds Boards that cyber threats are still real, and that energy infrastructure remains vulnerable. Weaponizing Digital This past week, a petroleum products company, Colonial Pipelines of Georgia, suffered a ransom-ware attack, and as a precaution, the company shut down its pipeline operations until the business could be secured. … Read moreRenewed Cyber Worries in Oil and Gas – Geoffrey Cann

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Oil Climbs With Gasoline as Cyberattack Knocks Out U.S. Pipeline

May 10, 2021 (Bloomberg) Crude oil climbed along with gasoline in New York after a cyberattack put the largest oil-products pipeline in the U.S. out of action.West Texas Intermediate and Brent both rose as gasoline surged as much as 4.2% to the highest since May 2018, before paring gains. Colonial Pipeline Co., a supplier of gasoline, … Read moreOil Climbs With Gasoline as Cyberattack Knocks Out U.S. Pipeline

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Athabasca Oil Corporation Announces Further Hangingstone Cost Reductions

May 10, 2021 CALGARY, Alberta, May 10, 2021 (GLOBE NEWSWIRE) — Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to announce that it has executed an amending Hangingstone Transportation and Storage Services Agreement (“TSSA”) that resulted in a $44 million prepayment from restricted cash and a ~$5 million reduction to annual tolls. … Read moreAthabasca Oil Corporation Announces Further Hangingstone Cost Reductions

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Commentary: Democracies that hamper oil and gas production do their allies no favours – Mark Milke and Lennie Kaplans –

By Mark Milke and Lennie Kaplan Canadian Energy Centre Anyone with even a modest understanding of history will grasp how tyrannies and autocracies interact with democracies when it comes to energy: by using oil and natural gas as a weapon. This is sometimes literal and obvious during wars — tanks and jets do not run on vegetable … Read moreCommentary: Democracies that hamper oil and gas production do their allies no favours – Mark Milke and Lennie Kaplans –

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Schachter’s Eye on Energy: Massive 19.2Mb Decline In Net Imports Pulled Commercial Crude Stocks Down By 8.0Mb Last Week. US Consumption Fell.

Each week Josef Schachter will give you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 30 energy and energy service companies with regular updates. We hold quarterly subscriber webinars (next one May 13th) and provide … Read moreSchachter’s Eye on Energy: Massive 19.2Mb Decline In Net Imports Pulled Commercial Crude Stocks Down By 8.0Mb Last Week. US Consumption Fell.

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Be a leading innovative company and share your energy innovation or emerging technologies to our EnergyNow audience – Energy Innovation Month June 1st – 30th, 2021

EnergyNow is featuring the Energy Innovation Month from June 1st to 30th, 2021 Energy Innovation Month is a month-long promotional campaign that will feature some of the latest and greatest innovation, technology, and research from experts across the energy sector. Be a leading innovative company and share your energy innovation or emerging technologies to our … Read moreBe a leading innovative company and share your energy innovation or emerging technologies to our EnergyNow audience – Energy Innovation Month June 1st – 30th, 2021

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The Coverall Shop Celebrates 11 Year Anniversary With Special Offer

Updated-Coverall-Shop-Logo-JM-RV2a

As The Coverall Shop celebrates 11 years in business, our owners are also celebrating 40 years of continuous business operations in 2021!  We are proud to support many local charitable organizations and have earned 2 Red Deer Chamber of Commerce Business of the Year Awards since 2008  As always, we want to hear from you … Read moreThe Coverall Shop Celebrates 11 Year Anniversary With Special Offer

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ICBA Energy Member Feature – All West Glass

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ALL-WEST GLASS: YOUR TRUSTED STORE FOR GLASS IN BRITISH COLUMBIA ALBERTA, WHITEHORSE AND YELLOWKNIFE. Locally owned by Northerners, All-West Glass was established in 1971 with the belief that a company could have both high quality products and outstanding customer service. AWG has grown into one of the largest and most dynamic independent glass companies in … Read moreICBA Energy Member Feature – All West Glass

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Reduce your company’s loss caused by inefficiencies and disputes

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Unique and Precise Terminal Solutions Accurate measurement is the primary requirement for any industry to realize expected profit returns and reduce loss through inefficiencies and disputes. Westech understands this critical element of your business and can help you make the right technology choices for your next project. Our broad industry experience and thorough knowledge base … Read moreReduce your company’s loss caused by inefficiencies and disputes

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How to Optimize Operational Processes With BKY Tech

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If it ain’t broke don’t fix it, right? The 2020’s version of this idiom is, “Don’t create solutions for problems that don’t exist”. Sound familiar? Like that new memo that seems to come through every other week, the SOP for the SOP, the meeting that should have been an email, or the grandiose policy shift … Read moreHow to Optimize Operational Processes With BKY Tech

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Mozambique LNG Delays Could Open the Door for Canadian Expansion: Analyst

Work suspended on major project following insurgent attacks By Deborah Jaremko Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Photo courtesy Total SA A major security threat in Mozambique is highlighting the risks of oil and gas development in unstable nations.  Work on a $20–billion liquefied natural gas (LNG) project operated by … Read moreMozambique LNG Delays Could Open the Door for Canadian Expansion: Analyst

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Need Custom Fabrication? WATCH an Industry Leader – Dacro Industries

Dacro has been manufacturing equipment for the resource industry since 1974. Located in Edmonton, Alberta, Canada, in the center of the industrial activity of Western Canada, Dacro is well positioned to serve the resource based industries of North America, including Oil and Gas, Refining, Petrochemical, and Pulp and Paper. Dacro has established themselves as a … Read moreNeed Custom Fabrication? WATCH an Industry Leader – Dacro Industries

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Delta Remediation Inc.
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Ransomware Attack Shuts Down Biggest U.S. Gasoline Pipeline

May 8, 2021 (Bloomberg) The operator of the biggest gasoline pipeline in the U.S. shut down operations late Friday following a ransomware attack that threatens to roil energy markets and upend the supply of gas and diesel to the East Coast. Colonial Pipeline said in a statement Saturday that it “proactively took certain systems offline … Read moreRansomware Attack Shuts Down Biggest U.S. Gasoline Pipeline

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WATCH: Scovan’s International Women’s Day Interview Series!

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Scovan launches International Women’s Day Interview Series With the importance of ESG strategies on the rise, diversity and inclusion are key components of corporate and social responsibility. Watch this clip from our interview series to hear our speakers perspectives on creating shareholder value through diverse voices at the table. With challenge comes change. Let’s all … Read moreWATCH: Scovan’s International Women’s Day Interview Series!

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What is the ‘Hold-Up’ In Considering Pneumatic Hold-Up Time in Your Facility?

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Up to 43% Savings in Compressed Air System Capital Costs What is “Hold-Up Time”?   In Pneumatic power systems, “hold up time” is the length of a time a compressed air supply can continue to meet downstream pressure demands after the failure of the upstream compressors – ie:  With zero system input.   Compressed air is used … Read moreWhat is the ‘Hold-Up’ In Considering Pneumatic Hold-Up Time in Your Facility?

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Canada Weekly Rig Count Up 4 for Week Ending May 7, 2021

Canada’s drilling rig count is up 4 active drilling rigs according to data collected by Baker Hughes for the week ending May 7, 2021. From one week ago, Alberta rig counts increased 3 to 38 and the Saskatchewan rig counts increased 2 to 5. Oil drilling increased 2 to 22 and gas increased 2 to … Read moreCanada Weekly Rig Count Up 4 for Week Ending May 7, 2021

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Muddy Boots
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Delta Remediation Inc.
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Obsidian Energy Announces First Quarter 2021 Results and Successful First Half Development Program

Successful completion of nine well, first half 2021 drilling program in Cardium Robust initial well results with first five wells on-stream; completion activity commenced on remaining four wells Free cash flow generation results in lower net debt Calgary, Alberta–(Newsfile Corp. – May 7, 2021) – OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) (“Obsidian Energy“, the “Company“, … Read moreObsidian Energy Announces First Quarter 2021 Results and Successful First Half Development Program

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

Drilling rigs operate at sunset in Midland, Texas, U.S., February 13, 2019. REUTERS/Nick Oxford U.S. energy firms added oil and natural gas rigs for a second week in a row as higher oil prices prompted some drillers to return to the wellpad. The oil and gas rig count, an early indicator of future output, rose … Read moreU.S. drillers add oil and gas rigs for second week in a row -Baker Hughes

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Bill C-10 Opens the Door for Regulating Government Accountability

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Friday, May 7, 2021 This column first appeared in the Toronto Sun and is now available for reprint. Bill C-10 opens the door for regulating government accountability Canadians can choose to watch virtually anything from anywhere in the world online. And they can share virtually any opinion globally through their cellphone. It’s astonishing freedom. But the federal … Read moreBill C-10 Opens the Door for Regulating Government Accountability

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Big Oil Braces for Climate Votes as Investor Pressure Mounts

May 7, 2021 As Europe’s oil majors prepare to host their annual shareholder meetings, one topic is garnering almost all the attention.Climate change looms large for Royal Dutch Shell Plc, BP Plc and Total SE, with investors at all three energy giants calling for greater action. Shareholder resolutions on cutting carbon emissions are set to … Read moreBig Oil Braces for Climate Votes as Investor Pressure Mounts

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Oil Heads for Back-to-Back Weekly Gain as Commodities Run Hot

May 7, 2021 (Bloomberg) Oil headed for a second weekly advance as investors bet on rising energy demand amid a broader rally in commodities.West Texas Intermediate futures dipped on Friday after U.S. jobs data missed expectations. But the U.S. benchmark is on track for a 0.7% gain this week. That would be its first back-to-back weekly … Read moreOil Heads for Back-to-Back Weekly Gain as Commodities Run Hot

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Cenovus makes strong progress on Husky integration and synergies

Generates $1.1 billion in adjusted funds flow in first quarter 2021 May 07, 2021  CALGARY, Alberta, May 07, 2021 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) delivered solid operating and financial performance in the company’s inaugural quarter of operations following the acquisition of Husky Energy Inc. on January 1. With its disciplined … Read moreCenovus makes strong progress on Husky integration and synergies

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TC Energy reports solid first quarter operating performance

Continues to advance $20 billion secured capital program following formal suspension of Keystone XL May 07, 2021  CALGARY, Alberta, May 07, 2021 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced a net loss attributable to common shares for first quarter 2021 of $1.1 billion or $1.11 per … Read moreTC Energy reports solid first quarter operating performance

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ClearStream Announces First Quarter 2021 Financial Results

New project awards and contract renewals total $176 million during the first four months of 2021 May 06, 2021 CALGARY, Alberta, May 06, 2021 (GLOBE NEWSWIRE) — ClearStream Energy Services Inc. (“ClearStream” or the “Company”) (TSX: CSM) today announced its results for the three months ended March 31, 2021. All amounts are in Canadian dollars and … Read moreClearStream Announces First Quarter 2021 Financial Results

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Crew Energy Inc. Announces First Quarter 2021 Financial and Operating Results Highlighted by a 174% Increase in Adjusted Funds Flow

May 06, 2021  CALGARY, Alberta, May 06, 2021 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR) (“Crew” or the “Company”) today announced our operating and financial results for the three-month period ended March 31, 2021. Crew’s Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) for the three-month period ended March 31, … Read moreCrew Energy Inc. Announces First Quarter 2021 Financial and Operating Results Highlighted by a 174% Increase in Adjusted Funds Flow

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Woodfibre LNG says contract with BP Gas ties up 70% of proposed facility’s capacity

CALGARY — The company proposing the Woodfibre LNG export project near Squamish, B.C., says it has struck a second sales contract with BP Gas Marketing Ltd. that allows it to account for over 70 per cent of future production from the plant.The 15-year …

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Inter Pipeline Reports Strong First Quarter 2021 Financial and Operating Results

CALGARY, AB, May 6, 2021 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline” or the “Company”) (TSX: IPL) announced its financial and operating results for the three-month period ended March 31, 2021. Related Documents VIEW PDF Inter Pipeline Reports Strong First Quarter 2021 Financial and Operating Results (CNW Group/Inter Pipeline Ltd.) Inter Pipeline’s Heartland Petrochemical Complex in Strathcona County, Alberta. Q2, … Read moreInter Pipeline Reports Strong First Quarter 2021 Financial and Operating Results

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Pembina Pipeline Corporation Reports Results for the First Quarter 2021 and Provides Business Update

May 06, 2021 Business fundamentals returning to pre-pandemic levels; important ESG and global market access milestones achieved All financial figures are in Canadian dollars unless otherwise noted. This news release refers to certain financial measures that are not defined by Generally Accepted Accounting Principles (“GAAP”), including net revenue; adjusted earnings before interest, taxes, depreciation and … Read morePembina Pipeline Corporation Reports Results for the First Quarter 2021 and Provides Business Update

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Enerplus Announces First Quarter 2021 Results; Increases and Transitions to a Quarterly Dividend

All financial information contained within this news release has been prepared in accordance with U.S. GAAP, except as noted under “Non-GAAP Measures”. This news release includes forward-looking statements and information within the meaning of applicable securities laws. Readers are advised to review the “Forward-Looking Information and Statements” at the conclusion of this news release. A … Read moreEnerplus Announces First Quarter 2021 Results; Increases and Transitions to a Quarterly Dividend

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Canada Energy Regulator issues monetary penalty to Trans-Northern Pipelines Inc.

Regulator found the company’s Environmental Protection Program was not adequate to manage contaminated sites May 06, 2021 12:21  CALGARY, Alberta, May 06, 2021 (GLOBE NEWSWIRE) — Today the Canada Energy Regulator (CER) released full details of its $40,000 Administrative Monetary Penalty to Trans-Northern Pipelines Inc. (TNPI), the maximum amount based on the facts of this case. The … Read moreCanada Energy Regulator issues monetary penalty to Trans-Northern Pipelines Inc.

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Woodfibre LNG signs second BP deal for British Columbia LNG plant

Canadian liquefied natural gas developer Woodfibre LNG said Thursday it signed a second agreement to sell LNG from its proposed export plant in British Columbia to a unit of oil major BP PLC (BP.L). That puts the plant a step closer to getting built in a market that has seen some cancellations in recent months … Read moreWoodfibre LNG signs second BP deal for British Columbia LNG plant

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Oil Slides Amid Uneven Recovery in Global Consumption

May 6, 2021 (Bloomberg) Oil slipped below $69 a barrel as traders assessed an uneven recovery in global demand.Global benchmark Brent has struggled for momentum after failing to break above $70 a barrel on Wednesday. While major crude importer India is battling a record coronavirus wave that’s sapped economic activity, there are signs of rising oil … Read moreOil Slides Amid Uneven Recovery in Global Consumption

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Canadian Natural Resources Limited Announces 2021 First Quarter Results

Calgary, Alberta–(Newsfile Corp. – May 6, 2021) – Commenting on the Company’s first quarter 2021 results, Tim McKay, President of Canadian Natural stated “The COVID-19 pandemic continues to challenge our everyday living and the way we operate our businesses. With our strong measures in place we have minimized impacts on our operations, but it remains … Read moreCanadian Natural Resources Limited Announces 2021 First Quarter Results

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Hemisphere Energy Provides an Operations Update on Its Atlee Buffalo Polymer Project

Vancouver, British Columbia–(Newsfile Corp. – May 6, 2021) – Hemisphere Energy Corporation (TSXV: HME) (OTCQB: HMENF) (“Hemisphere” or the “Company”) is pleased to provide an update on its Upper Mannville G pool polymer project in the Atlee Buffalo area of southeast Alberta. Hemisphere has made significant progress on the construction work at its G pool facility … Read moreHemisphere Energy Provides an Operations Update on Its Atlee Buffalo Polymer Project

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Parex Announces Strong Q1 2021 Performance: Top Tier Balance Sheet, Industry Leading Netbacks and Free Cash Flow

May 05, 2021 CALGARY, Alberta, May 05, 2021 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), a company headquartered in Calgary, Alberta that focuses on sustainable, conventional oil and gas production, is pleased to announce its unaudited financial and operating results for the three months ended March 31, 2021 (“First Quarter” or “Q1”). All … Read moreParex Announces Strong Q1 2021 Performance: Top Tier Balance Sheet, Industry Leading Netbacks and Free Cash Flow

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InPlay Oil Corp. Announces First Quarter 2021 Financial and Operating Results

May 06, 2021  CALGARY, Alberta, May 06, 2021 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) is pleased to announce its financial and operating results for the three months ended March 31, 2021. InPlay’s condensed unaudited interim financial statements and notes, as well as Management’s Discussion and Analysis (“MD&A”) … Read moreInPlay Oil Corp. Announces First Quarter 2021 Financial and Operating Results

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Delta Remediation Inc.
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Vista Projects Limited
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Smart-Project Management Inc. / Trusted Pipeline Advisor
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Gear Energy Ltd. Announces First Quarter 2021 Operating Results

CALGARY, AB, May 5, 2021 /CNW/ – Gear Energy Ltd. (“Gear” or the “Company”) (TSX: GXE) is providing the following first quarter operating update to shareholders. Gear’s Interim Condensed Consolidated Financial Statements and related Management’s Discussion and Analysis (“MD&A”) for the period ended March 31, 2021 are available for review on Gear’s website at www.gearenergy.com and on www.sedar.com. Net Debt Movement, March 31, 2020 … Read moreGear Energy Ltd. Announces First Quarter 2021 Operating Results

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

A Matter of Fact: Oil and Gas Production is in Canada’s Long-Term Best Interest – Deborah Jaremko

Canada has many decades to thrive as a global oil and gas leader By Deborah Jaremko Follow CEC on Linkedin  CEC Linkedin Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Workers at the Sunrise oil sands project in northern Alberta. Photo courtesy BP Calls to slow down or shut down Canada’s oil and gas industry … Read moreA Matter of Fact: Oil and Gas Production is in Canada’s Long-Term Best Interest – Deborah Jaremko

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The 2021 tyranny index for oil and gas –  Mark Milke and Lennie Kaplan

Nearly half of global oil production came from tyrannies and autocracies in 2020 By Mark Milke and Lennie Kaplan T Russian President Vladimir Putin (L) meets with Saudi Arabia’s Crown Prince Mohammed bin Salman in Riyadh, Saudi Arabia, on October 14, 2019. Getty Images photo Download the PDF here Download the charts here Oil, natural gas, and freedom rankings This … Read moreThe 2021 tyranny index for oil and gas –  Mark Milke and Lennie Kaplan

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Line 3 and Line 5 pipelines in U.S. ‘absolutely critical,’ says Enbridge CEO

CALGARY — The CEO of Enbridge Inc. says the company’s Line 3 and Line 5 pipelines in the United States are “absolutely critical” as each faces ongoing hurdles thrown up by environmental, political and other opponents.
During the Calgary-based energy i…

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Smart-Project Management Inc. / Trusted Pipeline Advisor
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Pine Cliff Energy Ltd. Announces First Quarter 2021 Results

Pine Cliff Energy Ltd. Announces First Quarter 2021 Results Calgary, Alberta–(Newsfile Corp. – May 5, 2021) – Pine Cliff Energy Ltd. (TSX: PNE) (“Pine Cliff” or the “Company“) is pleased to announce the filing of its first quarter financial and operating results. Included in the filings were Pine Cliff’s unaudited interim condensed consolidated financial statements … Read morePine Cliff Energy Ltd. Announces First Quarter 2021 Results

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Smart-Project Management Inc. / Trusted Pipeline Advisor

TOP 3 TYPES OF WIRE AND CABLE LABELS – Neumann Marking Solutions

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Wire and cable labels are an essential part of our modern world. Whether constructing a new building/plant, manufacturing aviation and aerospace equipment or setting up an office network, wire and cable markings are used to clearly identify what is connected to what and whether there is any danger present. By using wire and cable labels, … Read moreTOP 3 TYPES OF WIRE AND CABLE LABELS – Neumann Marking Solutions

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Tamarack Valley Energy Ltd. Announces First Quarter Financial Results & Clearwater Winter Drilling Program Update

TSX: TVE CALGARY, AB, May 4, 2021 /CNW/ – Tamarack Valley Energy Ltd. (“Tamarack” or the “Company”) is pleased to announce its financial and operating results for the three months ended March 31, 2021. Selected financial and operational information is outlined below and should be read in conjunction with Tamarack’s unaudited condensed consolidated interim financial statements for the three … Read moreTamarack Valley Energy Ltd. Announces First Quarter Financial Results & Clearwater Winter Drilling Program Update

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Clear Rush Co. Now Hiring Welders, Welder Helpers, Fitters, and Process Engineers. See job details HERE

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Are you interested in a career with Clear Rush Co? If you’re looking for a position with an exciting and growing clean technology company in the Energy Sector that offers benefits, an RRSP program and competitive wages, Clear Rush Co. is for you! Journeyman/Apprentice Welders Manufacturing shop in Sundre requires 3rd year or journeyman welders. … Read moreClear Rush Co. Now Hiring Welders, Welder Helpers, Fitters, and Process Engineers. See job details HERE

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Perpetual Energy Inc. Reports First Quarter 2021 Financial and Operating Results

CALGARY, AB, May 4, 2021 /CNW/ – (TSX: PMT) – Perpetual Energy Inc. (“Perpetual”, or the “Company”) is pleased to release its first quarter 2021 financial and operating results. Select financial and operational information is outlined below, and should be read in conjunction with Perpetual’s unaudited condensed interim consolidated financial statements and related Management’s Discussion and Analysis (“MD&A”) for the three … Read morePerpetual Energy Inc. Reports First Quarter 2021 Financial and Operating Results

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Paramount Resources Ltd. Announces Q1 2021 Results, Increased Production Guidance, Preliminary 2022 Guidance, Fully Funded Wapiti Acceleration and $77 Million Non-Core Disposition

CALGARY, AB, May 5, 2021 HIGHLIGHTS VIEW PDF Paramount Resources Ltd. Announces Q1 2021 Results (CNW Group/Paramount Resources Ltd.) Sales volumes averaged 80,540 Boe/d (43% liquids) in the first quarter of 2021, well ahead of the Company’s first half 2021 production guidance of 74,000 Boe/d to 76,000 Boe/d (43% liquids) due to significant outperformance at … Read moreParamount Resources Ltd. Announces Q1 2021 Results, Increased Production Guidance, Preliminary 2022 Guidance, Fully Funded Wapiti Acceleration and $77 Million Non-Core Disposition

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Gran Tierra Energy Inc. Announces First Quarter 2021 Results

May 04, 2021 Achieved First Quarter 2021 Average Production of 24,463 BOPD, Up 12% from Prior Quarter Increased Current Average Production to 28,200 BOPD 2020 Sustainability Report Published Reaffirms 2021 Full-Year Production Guidance of 28,000-30,000 BOPD and Capital of $130-150 Million Increases 2021 Full-Year Budget Guidance: Cash Flow2 of $205-225 Million, Free Cash Flow2 of $75 Million, … Read moreGran Tierra Energy Inc. Announces First Quarter 2021 Results

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Athabasca Oil Corporation Announces 2021 First Quarter Results, Hangingstone Cost Reductions, Inaugural ESG Report

May 04, 2021  CALGARY, Alberta, May 04, 2021 (GLOBE NEWSWIRE) — Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its 2021 first quarter results that demonstrate the resilience and quality of its asset base. The Company is also pleased to provide an update on initiatives to further improve its positioning … Read moreAthabasca Oil Corporation Announces 2021 First Quarter Results, Hangingstone Cost Reductions, Inaugural ESG Report

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No Downhole Tools Required for Geomechanical Properties Log

Rocsol Technologies Feature Logo 400x270

The above logs, from 3 North American unconventional horizontal wells, were generated without any down hole tools using Rocsol’s D-Series software. Most companies don’t realize that they have enough existing data from the drilling of a well and information from offset wells to accurately create a geomechanical and reservoir property log without running a suite … Read moreNo Downhole Tools Required for Geomechanical Properties Log

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Oil Drives Toward $70 as Sagging U.S. Stockpiles Aid Bull Bets

May 5, 2021 (Bloomberg) Oil extended a rally after U.S. stockpiles fell and reopening drives in the U.S. and Europe showed signs of boosting demand. Brent neared $70 a barrel and West Texas Intermediate climbed for a third day. Gasoline futures surged to the highest since July 2018. The American Petroleum Institute reported crude supplies fell … Read moreOil Drives Toward $70 as Sagging U.S. Stockpiles Aid Bull Bets

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XI Technologies: H2S Release Rate Assessment Regulatory Refresher

Each week, XI Technologies scans its unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you’d like to receive our Wednesday Word to the Wise in your inbox, subscribe here.  To survive amid all the recent challenges in our sector, many companies have … Read moreXI Technologies: H2S Release Rate Assessment Regulatory Refresher

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WATCH: Global Energy Show 5×5 – Interview with Jim Gibson, Chief Catalyst, SAIT

Global Energy Show GES Feature Logo 400x270

Jim Gibson, Chief Catalyst, School for Advanced Digital Technology, SAIT discusses digital transformation, the critical steps energy companies need to take to set up for success, and how the digital transformation helps add value in day-to-day operations. To learn more about the Global Energy Show, or to register, please visit: www.globalenergyshow.com or see more interviews at … Read moreWATCH: Global Energy Show 5×5 – Interview with Jim Gibson, Chief Catalyst, SAIT

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Navigating the Greenhouse Gas Conundrum. How supply chain ecosystems can meet new renewable growth demands

By Mel Larson, Manager, Strategic Consulting, and John Koo, Director, Director, Business Development Asia-Pacific, at Becht Reliability of energy delivery saves lives.  Fires in California and Australia, rolling blackouts in UK and grid failure in the dead of water in Texas are examples of events that impact people in a very real and tangible way.  … Read moreNavigating the Greenhouse Gas Conundrum. How supply chain ecosystems can meet new renewable growth demands

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PRODUCT FEATURE: Vapour Combustion Units (VCUs) – FlareTech Inc.

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FlareTech has 40 years of industry experience in committing to serving the oil & gas industry while minimizing environmental impacts and addressing our client’s diverse needs. VCUs: Useful when space is an issue Can satisfy a landowner’s request for no visual flame. Run off natural drafting of air through the base of the VCU Must … Read morePRODUCT FEATURE: Vapour Combustion Units (VCUs) – FlareTech Inc.

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Methane-free green well pad deployment – Qnergy CAP3

Qnergy Feature Logo 400x270

Qnergy recently deployed another CAP3 Compressed Air Pneumatics package at a multi-well pad in the NE USA. This system was part of a multi-unit repeat order for one of the largest natural gas producers in North America. This customer had previously deployed an internal combustion engine system that didn’t meet their needs. CAP3 is an … Read moreMethane-free green well pad deployment – Qnergy CAP3

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Current Flow Control Ltd., New Inventory Announcement

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As Exclusive Distributors for the Valvitalia Group in Canada & Mexico, Current Flow Control Ltd. is pleased to announce we have substantial quantities of new, Italian made, trunnion mounted ball valve stock coming to Alberta in Q3 & Q4 2021. To support our valued Customers, we are supplementing our extensive Italian only inventory with new … Read moreCurrent Flow Control Ltd., New Inventory Announcement

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AUTOSOL Is Hiring Windows Software Developers

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AUTOSOL is looking for highly motivated Windows software developers who have more than five years of Windows programming experience. This role will join the software engineering team in developing software in the C++ or C# languages. Applicants local to Houston, Texas are preferred, but remote options are available for those located in Colorado, New Mexico, … Read moreAUTOSOL Is Hiring Windows Software Developers

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Six Reasons Asia’s Oil Refiners Aren’t Going Away Anytime Soon

Refinery Image-feature

May 4, 2021 (Bloomberg) Predictions of peak oil and the impending demise of fossil fuels will hit Asian oil refiners especially hard. The region is home to three of the top four oil-guzzling nations, and more than a third of global crude processing capacity. Yet, Asian refiners are expanding at a breakneck pace, even building massive … Read moreSix Reasons Asia’s Oil Refiners Aren’t Going Away Anytime Soon

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Suncor Sees Vaccines as Solution to Canada’s Lagging Oil Demand

May 4, 2021 (Bloomberg) Canada’s oil demand isn’t bouncing back like it is in the U.S. as the country fights to contain the coronavirus, the chief executive of Suncor Energy Inc. said.Gasoline demand in Eastern Canada is 15% to 20% below normal and is down 5% to 10% in Western Canada, said Mark Little, the head … Read moreSuncor Sees Vaccines as Solution to Canada’s Lagging Oil Demand

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Construction to Commence on the First Co-Produced Geothermal Power Project in Alberta, and Canada

May 04, 2021 CALGARY, Alberta, May 04, 2021 (GLOBE NEWSWIRE) — FutEra Power Corp. (“FutEra”), a subsidiary of Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) which is a publicly traded Alberta-based junior oil and gas company, is pleased to announce it is entering the project execution stage of its co-produced Geothermal Power Project … Read moreConstruction to Commence on the First Co-Produced Geothermal Power Project in Alberta, and Canada

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Government of Canada approves the NOVA Gas Transmission Ltd. 2023 North Corridor System Expansion Project

NOVA Gas Transmission Ltd. 2023 North Corridor System Expansion Project OTTAWA, ON, May 4, 2021 /CNW/ – Today, the Minister of Natural Resources, the Honourable Seamus O’Regan Jr., announced that the Government of Canada has approved the NOVA Gas Transmission Ltd. (NGTL) 2023 North Corridor System Expansion Project with 37 conditions. This decision was based on facts, science, Indigenous knowledge, the … Read moreGovernment of Canada approves the NOVA Gas Transmission Ltd. 2023 North Corridor System Expansion Project

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ConocoPhillips poised to cash out of Cenovus Energy stake

ConocoPhillips plans to sell stake in Cenovus Energy A little more than four years after announcing a blockbuster $17.7-billion asset sale agreement with Cenovus Energy Inc., ConocoPhillips is preparing to cash out of the Canadian oil producer. In a release Tuesday, ConocoPhillips disclosed its intent to begin paring its 10 per cent stake in Cenovus … Read moreConocoPhillips poised to cash out of Cenovus Energy stake

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OPEC Keeps Crude Production Steady Before Planned Increases

May 4, 2021 (Bloomberg) OPEC kept crude production steady in April, ahead of a planned revival of supplies scheduled to begin this month.The Organization of Petroleum Exporting Countries pumped an average of 25.27 million barrels a day last month, about 50,000 a day less than in March, according to a Bloomberg survey. A setback for Libyan … Read moreOPEC Keeps Crude Production Steady Before Planned Increases

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Saudi Aramco Follows Big Oil Rivals With Bumper Earnings

May 4, 2021 (Bloomberg) Saudi Aramco’s profit soared in the first quarter following a recovery in global oil and gas markets, though free cash flow remained too low to fully cover dividend payments.The world’s biggest energy company kept its quarterly payout, almost all of which goes to the Saudi government, at $18.75 billion. The money is … Read moreSaudi Aramco Follows Big Oil Rivals With Bumper Earnings

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Oil Reaches Seven-Week High as Traders Bet on Improving Demand

May 4, 2021 (Bloomberg) Oil climbed toward $66 a barrel on optimism that the resumption of economic activity in the U.S. and Europe will underpin demand.West Texas Intermediate futures gained 1.8%, reaching their highest since mid-March, while gasoline futures rose as much as 2.8%. The European Union plans to ease curbs for vaccinated travelers this summer, … Read moreOil Reaches Seven-Week High as Traders Bet on Improving Demand

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Recasting Energy System Resilience for the Digital Age Part 2 – Geoffrey Cann

By Geoffrey Cann We need resilient energy systems. Our energy systems need to be tough and elastic to recover quickly from events and mishaps. But we now need them to be a bit more adaptive and agile (Part 2). (This is a partial text of a 45 minute address that I offer to energy companies … Read moreRecasting Energy System Resilience for the Digital Age Part 2 – Geoffrey Cann

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From Alberta with Love, How Advanced Modularization Tactics Are Cutting Costs in Texas

from-alberta-love_1200

By Vista Projects In today’s volatile energy market, cost control is on top of every asset owner’s mind. And the pressure to reduce costs has created new opportunities for execution strategies from other markets. This article reviews a recent example of our engineering consulting work with a global chemical processor. The client agreed to have … Read moreFrom Alberta with Love, How Advanced Modularization Tactics Are Cutting Costs in Texas

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ICBA Energy Member Feature – Duke Fire Services

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Duke Fire Services Inc is an Indigenously owned business that is passionate about protecting the people, the land and the environment. They believe that strong partnerships with First Nation Communities will provide economic prosperity, social well-being, and respect for the people and land that they work on. Duke Fire Services strives to be an industry … Read moreICBA Energy Member Feature – Duke Fire Services

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Canada’s banks and investors face dilemma in meeting emissions target

Canadian banks’ commitments to “net-zero financed emissions” by 2050 have drawn doubts from many investors, given the lack of a defined goal, details and their continued support for oil and gas companies, even if partially aimed at helping them transition to alternatives. But their growing funding for green projects also presents a dilemma for shareholders … Read moreCanada’s banks and investors face dilemma in meeting emissions target

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The Next Level in SAGD Well Pad Designs is here.

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With a well pad designed to meet industries best metrics in cost and schedule, HIVE Innovations has officially released the PadHX-ZB design. This is an efficient modular design that allows for utilization of a “Zero Based” model or equip it as needed to meet your operational preferences. The innovation doesn’t stop with industries most efficient … Read moreThe Next Level in SAGD Well Pad Designs is here.

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No, Canada didn’t subsidize the oil and gas industry $18 billion last year

Canadian Energy Network Recently a report was released by Environmental Defence with the help of other groups to detail federal support given to the oil and gas industry in 2020. As we all know, last year was anything but normal, and Canada’s oil and gas industry got spanked particularly hard. With an oil pricing war going … Read moreNo, Canada didn’t subsidize the oil and gas industry $18 billion last year

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Peyto Announces Update on COVID-19 Measures for Its Annual Meeting of Shareholders and Q1 Conference Call Details

May 03, 2021  CALGARY, Alberta, May 03, 2021 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) (TSX:PEY) has scheduled its Annual General Meeting of Shareholders for 3:00 p.m. on Thursday, May 13, 2021. Peyto was hopeful that Alberta would be emerging from the COVID-19 pandemic which would allow for an in-person … Read morePeyto Announces Update on COVID-19 Measures for Its Annual Meeting of Shareholders and Q1 Conference Call Details

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Gibson Energy Announces 2021 First Quarter Results

May 03, 2021 All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, May 03, 2021 (GLOBE NEWSWIRE) — Gibson Energy Inc. announced today its financial and operating results for the three months ended March 31, 2021. “We are very pleased with the solid start to 2021, with our Infrastructure segment performing in-line … Read moreGibson Energy Announces 2021 First Quarter Results

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Parkland announces strong 2021 first quarter results and outlines 2025 growth ambition

May 03, 2021  CALGARY, Alberta, May 03, 2021 (GLOBE NEWSWIRE) — Parkland Corporation (“Parkland”, “we”, the “Company”, or “our”) (TSX:PKI) announced today its financial and operating results for the three months ended March 31, 2021 (“Q1 2021”). Highlights include: Adjusted EBITDA attributable to Parkland (“Adjusted EBITDA”) of $314 million, up 64 percent year-over-year. Despite continued … Read moreParkland announces strong 2021 first quarter results and outlines 2025 growth ambition

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Suncor Energy reports first quarter 2021 results

May 03, 2021 Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards (IFRS), specifically International Accounting Standard (IAS) 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a working-interest basis, before royalties, … Read moreSuncor Energy reports first quarter 2021 results

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MEG Energy announces strong first quarter operational and financial performance

All financial figures are in Canadian dollars ($ or C$) and all references to barrels are per barrel of bitumen unless otherwise noted CALGARY, AB, May 3, 2021 /CNW/ – MEG Energy  Corp. (TSX: MEG) (“MEG” or the “Corporation”) reported its first quarter of 2021 operational and financial results. MEG continues to proactively respond to the safety challenges … Read moreMEG Energy announces strong first quarter operational and financial performance

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Climate Change: O’Toole’s Carbon Pricing Gamble Draws Mixed Political Reviews

More Canadians than ever now view climate change as human-caused, but one-in-four disagree May 3, 2021 – Conservative Party leader Erin O’Toole’s mid-April announcement of a new carbon pricing plan surprised many Canadians, including, reportedly, some members of his own party. The move was designed – among other things – to grow the party’s vote base, especially … Read moreClimate Change: O’Toole’s Carbon Pricing Gamble Draws Mixed Political Reviews

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Topaz Energy Corp. Announces the Acquisition of Reserve Royalty and Provides Update to Previously Announced Charlie Lake Royalty Acquisition

CALGARY, AB, May 3, 2021 /CNW/ – Topaz Energy Corp. (TSX: TPZ) (“Topaz” or the “Company”) is pleased to announce that it has entered into a definitive agreement with Reserve Royalty Income Trust (“Reserve Royalty”) for the purchase of its subsidiaries which hold all of the Reserve Royalty assets, for approximately $26.0 million, payable through the issuance of 1,794,886 … Read moreTopaz Energy Corp. Announces the Acquisition of Reserve Royalty and Provides Update to Previously Announced Charlie Lake Royalty Acquisition

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ROK Resources Announces Closing of Previously Announced Asset Acquisition and First Closing of Private Placement Financing

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES REGINA, SK / ACCESSWIRE / May 3, 2021 / Regina, Saskatchewan: ROK Resources Inc. (“ROK” or the “Company“) (TSXV:ROK) is pleased to announce that it has closed on its previously announced bolt-on acquisition (the “Acquisition“) of certain non-operated producing oil and gas assets … Read moreROK Resources Announces Closing of Previously Announced Asset Acquisition and First Closing of Private Placement Financing

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Emerging Risks for the Energy Sector and How ESG is Tied to a Company’s Financial Health

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By James Barr, Partner, Risk Consulting, KPMG in Canada; Julie Pépin, Partner, Internal Audit, Risk & Compliance Services, KPMG in Canada; and Atin Prakash, Senior Manager, Sustainability and ESG Services, KPMG in Canada COVID-19 has shone a spotlight on the risk management practices of energy and natural resource (ENR) companies, highlighting weaknesses in identifying emergent … Read moreEmerging Risks for the Energy Sector and How ESG is Tied to a Company’s Financial Health

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Oil Drops as Low Indian Demand Offsets Recovery Optimism

Oil-Prices

May 3, 2021 (Bloomberg) Oil prices dipped as traders weighed weaker fuel demand in India against optimism over the global economic recovery from the coronavirus pandemic.Brent crude fell 0.6% to about $66.50 a barrel in Asian trading. Sales of gasoline in India were the lowest in April since August, while average daily diesel sales were the lowest since … Read moreOil Drops as Low Indian Demand Offsets Recovery Optimism

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Warren Buffett Sees a ‘Red Hot’ Economy With Creeping Inflation

May 2, 2021 (Bloomberg) Warren Buffett delivered a clear verdict Saturday on the state of the U.S. economy as it emerges from the pandemic: red hot.“It’s almost a buying frenzy,” the Berkshire Hathaway Inc. chief executive officer said during the conglomerate’s annual meeting, which was held virtually from Los Angeles. “People have money in their pocket … Read moreWarren Buffett Sees a ‘Red Hot’ Economy With Creeping Inflation

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Buffett Says Greg Abel is His Likely Successor at Berkshire

May 3, 2021 (Bloomberg) Warren Buffett said Greg Abel, Berkshire Hathaway Inc.’s vice chairman of non-insurance businesses, would be his likely successor if the billionaire were to step down.The board agrees that Abel, 58, would take over if anything were to happen to the 90-year-old chief executive officer, Buffett told CNBC. Abel had been seen as … Read moreBuffett Says Greg Abel is His Likely Successor at Berkshire

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Carbon Conversion Technology in Alberta – ‘Science Fiction That’s Real’ – Deborah Jaremko

XPRIZE leaves ‘Disneyland’ legacy facility for carbon tech start-ups in Alberta By Deborah Jaremko Natalie Giglio, operations and safety administrator with Carbon Upcyclying Technologies, in the company’s research bay at the Alberta Carbon Conversion Technology Centre. Photo for Canadian Energy Centre The power of the NRG COSIA Carbon XPRIZE didn’t end with the announcement of the … Read moreCarbon Conversion Technology in Alberta – ‘Science Fiction That’s Real’ – Deborah Jaremko

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How to Fast Track Growth Strategy – Mergers & Acquisitions

M&A is one strategy for continued growth in the energy industry, especially when the market goes into increased volatility. The second half of 2020 was interesting as we saw more corporate deals than acreage deals, like the acquisitions of Parsley by Pioneer Resources and Concho Resources by ConocoPhillips in the U.S. and the Cenovus Energy-Husky … Read moreHow to Fast Track Growth Strategy – Mergers & Acquisitions

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TANK LINER LEAKS? Replacing a Polyethylene Lining System with a Spray-Applied Seamless System is Proven to Minimize Tank Leaks

Western Engineered Containment WEC Logo Feature

The team at Western Engineered Containment (WEC) worked closely with one of their clients to solve a problem that they were facing – they discovered many leaks on their above-ground lined tanks. While the current lining method involves the fabrication of polyethylene sheet liners into the cylindrical shape of the tank, these methods weren’t proven … Read moreTANK LINER LEAKS? Replacing a Polyethylene Lining System with a Spray-Applied Seamless System is Proven to Minimize Tank Leaks

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GEMINI INTERVIEW SERIES | EPISODE 05

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Here it is folks, the 5th and final episode in the interview mini-series. Gemini Fabrication has released the fifth episode in our mini-interview series. Come with us as we take you on a journey to meet some of the leaders and industry experts who help make Gemini Fabrication the #1 Fabricator in Western Canada. Find out from … Read moreGEMINI INTERVIEW SERIES | EPISODE 05

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

Introducing the dBX Shield™ Valve, the quietest, safest, and longest-lasting valve in its class.

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Unheard-of safety and noise control. Control valves don’t have to be loud. IMI’s all-new dBX Shield™ valve is the safest, quietest midstream control valve on the market. With the industry’s highest rangeability and unprecedented flow control, it essentially eliminates downstream vibration and can reduce noise to just 60 decibels (dBA). Its state-of-the-art DRAG™ technology controls high … Read moreIntroducing the dBX Shield™ Valve, the quietest, safest, and longest-lasting valve in its class.

New SHOWCASE Directory Companies

 

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

GeoVerra achieves high score on COR Audit and reports zero lost time, demonstrating its commitment to safety.

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Edmonton, Alberta (April, 2021) GeoVerra, one of Canada’s largest surveying and geomatics firms, is pleased to announce that they received an outstanding score on the Certificate of Recognition (COR) audit. The external Certificate of Recognition (COR) auditor stated that the company achieved the three year Certificate of recognition Health and Safety Program audit endorsement for Alberta, … Read moreGeoVerra achieves high score on COR Audit and reports zero lost time, demonstrating its commitment to safety.

New SHOWCASE Directory Companies

 

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