Is it feasible to carry bitumen from Fort McMurray, in Northern Alberta to tidewater in Alaska and from there to world markets via a combination of rail and pipeline? A study released today by the Van Horne Institute, based at the University of Calgary, suggests that it is. This study is published by the Van Horne Institute with a Project Team including Shirocca Consulting, AECOM, Generating for Seven Generations (G7G), the University of Alaska (Fairbanks), and Michigan Tech Research [Read more]
Last Chance to Nominate for a Global Petroleum Show Award – Start the Process today to be Eligible
CELEBRATING LEADERS DRIVING IMPACTFUL INDUSTRY CHANGE Innovation and leadership are important strands in the constantly evolving way in which energy sources are identified, developed, and produced. Advancements in technology have also improved environmental protection and conservation of natural resources. The 2nd annual Global Petroleum Show Awards (GPS Awards) will serve to recognize and celebrate the leaders who drive impactful change and evolution in the energy industry through [Read more]
Western Canada Oil & Gas Industry Roadmap Event
February 29, 9AM to 5 PM, Hyatt Regency, Calgary: Milestone GRP hosts the ‘Western Canada Oil & Gas Industry Roadmap Event’, which brings together an impressive group of participants from their upcoming 250-page industry-focused report: ‘The Global Investor’s Guide: Western Canada Oil & Gas, 2016’. High-level keynotes and expert panelists will discuss the timely and crucial question: What’s next for Western Canada’s oil and gas industry? The Guide is a unique presentation of the [Read more]
Greenland Oil and Gas Event 2016
Government of Greenland extends invitation to presentations on Greenland’s oil and gas licensing rounds and strategy The Ministry of Mineral Resources Greenland would like to extend an invitation to presentations on Greenland’s oil and gas licensing rounds and strategy. The program will include an overview of 2016-2018 licensing rounds, Greenland’s oil and gas strategy, an overview of Greenland’s regional geology, and a discussion on the environment, exploration, and seismic [Read more]
Alberta Oilmen’s Bonspiel returns for its 65th year
Online registration is now open for the legendary Alberta Oilmen's Bonspiel. Taking place from March 17-20, this year's event is open to any combination of male and female oil patch personnel. Again for this year, one non oilpatch member may play lead or second. Additionally, there will be a Saturday evening banquet and dance at the Red & White Club in Calgary. Paid entries with full teams on or before February 15th, will be entered into a draw at the banquet for return of entry fee. [Read more]
Husky lays off workers across company’s operations
Husky Energy laid off workers on Tuesday but declined to provide specific numbers or any further detail. “These are difficult decisions and we will continue to take the steps necessary to ensure the company’s resilience through this cycle and beyond,” spokesperson Mel Duvall wrote in a statement. Duvall said the job cuts were across the company’s operations. This comes after Husky’s March announcement that 1,000 tradespeople at its Sunrise oilsands project would be laid off. And last [Read more]
Wood Mackenzie: No sign of significant oil production shut-ins at US$35 per barrel
EDINBURGH/HOUSTON 5th February 2016 – Wood Mackenzie's latest global oil production analysis* indicates that 3.4 million barrels per day (b/d) of oil production is cash negative at a Brent oil price of US$35. Since the dramatic drop in prices from late 2014, there have been few halts in production – with around 100,000 b/d shut-in globally to date. According to Wood Mackenzie, the areas with the largest volumes shut-in so far have been Canada onshore and oil sands, conventional US onshore [Read more]
Divestco Offers Free Exploration Summit
The business of exploration in the Energy Industry has changed dramatically in the last couple of years. Have your software and data kept up with these changes? We are interested in hearing your opinions on how the evolution of exploration has affected your workflows! Join us for lunch to discuss the following topics alongside other industry professionals. Upcoming sessions include: Data Management - February 8th, 11:30-1:30 pm A discussion on your thoughts regarding best practices and [Read more]
Canada Rig Count Fell by 19 Rigs this Week
Canada's drilling rig count fell by 19 rigs this week; and is 163 lower than the count this time last year, according to Baker Hughes [Read more]
US Rig Count Fell by 18 Rigs this Week
The USA Rig Count fell by 13 rigs this week and almost 1,000 less than this time last year. [Read more]
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