EDMONTON - United Conservative Leader Jason Kenney says an Alberta government led by him would set up a Crown corporation to help Indigenous communities invest in resource projects. "We need to do something dramatically different to end the stalemate that has left Alberta energy landlocked and has led to a jobs crisis in our province," Kenney said at the Enoch Cree Nation near Edmonton on Wednesday. In the leadup to the April 16 provincial election, Kenney has been hammering on the records [Read more]
Archives for April 2019
Western Canadian oil inventories rise in March despite curtailments
Western Canadian crude oil storage inventories rose in March, data from energy information provider Genscape showed on Wednesday, as reduced crude by rail volumes offset mandatory oil production cuts imposed by the Alberta government. It was the first monthly increase since the government of Canada's largest crude-producing province introduced curtailments on Jan. 1 2019 and highlights the difficult balancing act Alberta faces as it intervenes in the market. Crude stocks rose 221,000 [Read more]
Shell urges CAPP to adjust emission policies to support carbon pricing
CALGARY - Global energy giant Royal Dutch Shell is urging Canada's largest oil and gas organization to get off the fence and support both the Paris climate accord and the pricing of carbon to encourage greenhouse gas emission reductions. In a new report, Shell says it has reviewed its relationships with 19 industry associations around the world and decided to leave one of them, the American Fuel & Petrochemical Manufacturers, because of "material misalignment." It found some [Read more]
Pembina Pipeline Corporation Announces Closing of $800 Million Public Note Offering
CALGARY, April 3, 2019 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce that it has closed its previously announced offering of $800 million of senior unsecured medium-term notes (the "Offering"). The Offering was conducted in two tranches consisting of $400 million in senior unsecured medium-term notes, series 12 (the "Series 12 Notes") having a fixed coupon of 3.62% per annum, paid semi-annually, and maturing on April 3, 2029, and [Read more]
What is the west so upset about? Well, there’s this…
Instead of raining blows upon people’s heads with yet another diatribe about how Canada’s petroleum sector is being disadvantaged, it’s time for something a little different, to explain to mystified Canadians just why feeling are running a little high out west. Yes, we see the news, we hear that Canada is warming faster than ever. Yes, we know the world is gravely concerned about climate change. We hear that, and the calls to do better. But the world continues to consume more and more petroleum [Read more]
Amherst Energy Inc. Places Morgan Well On Stream Drilled As A Result of Prorationing
Amherst Energy Inc. (Amherst) is a private Calgary based oil and gas exploration company. Amherst today reported that it has drilled and completed the Amherst HZ Morgan 13-8-52-3W4 horizontal heavy oil well, Amherst 100 % WI. The well was placed on production March 22, 2019 and based on field reports the well is currently producing 100 barrels of oil per day. Amherst is planning to drill a follow up well in the third quarter of 2019 and can drill up to an additional eleven offset wells, on [Read more]
XI Technologies: Managing drilling risks and non-productive time requires more insight than current public data can offer.
Each week, XI Technologies scans their unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you'd like to receive our Wednesday Word to the Wise in your inbox, subscribe here. To manage drilling risk and reduce non‐productive time (NPT), you need to be aware of past problems. A major circulation loss on a single well can negate the efficiency gains of an entire drill program, and cost your [Read more]
50 years strong: Alstar Oilfield Marks a Pivotal Year in Company History
As Alstar Oilfield Contractors (‘Alstar’) forges ahead into its 50th year of business, the company looks forward with unwavering confidence, both for the country and for the energy construction industry. Reaching this notable milestone has come with continual growth and development, primarily due to Alstar’s commitment to operating from its foundational family values, work ethic and dedication to its people. As the company has grown and become more complex over the past five decades, Alstar [Read more]
Members of B.C. First Nation plan new camp to block natural gas pipeline path
HOUSTON, B.C. - Members of a First Nation in northern British Columbia who oppose a planned pipeline through their traditional territory say they will build a new camp to block its path. A statement posted on Facebook on Tuesday says the Likhts’amisyu clan of the Wet'suwet'en First Nation is asserting its sovereignty by creating "a new, permanent land reclamation on their territory." It says the camp will be "strategically located in order to impede the ability of the Coastal [Read more]
New Oil and Gas Jobs From BOE Report Jobs
Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Posting Date Job Title Company Location Apr. 2 Lead, Document Management Control PetroChina Canada Calgary Apr. 2 Field Operator Roska DBO Dawson Creek Apr. 2 Lead Plant Operator Chief Steam [Read more]
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