The premier of Canada's main oil-producing province Alberta said on Wednesday he is hopeful of more progress this month on talks between his government and producers about easing oil curtailments, as long as extra output is shipped by rail. Alberta introduced mandatory production curtailments, effective Jan. 1 2019, to ease congestion on export pipelines and support crude prices. Last month Premier Jason Kenney's government extended those curtailments into 2020 because of slow progress in [Read More…]
Headlines
Oil extends declines after Saudi pledge to restore lost output
Oil prices retreated on Wednesday, extending the previous day’s declines after Saudi Arabia said it would quickly restore full production following last weekend’s attacks on its facilities. Tension in the Middle East remained elevated, however, after Saudi Arabia said it would provide evidence on Wednesday linking Iran to the attacks. The United States had already said it believed the attacks against the world’s top oil exporter originated in southwestern Iran. Iran has denied involvement [Read More…]
Livent Corporation to Contribute up to US$ 5.5 Million to Advance E3 Metals’ Direct Lithium Extraction Process on the Alberta Lithium Project
CALGARY, ALBERTA, September 18, 2019 – E3 Metals Corp. (TSXV: ETMC) (FSE: OU7A) (OTC:EEMMF) (the “Company” or “E3” or “E3 Metals”) is pleased to announce that it has entered into a Joint Development Agreement (the “Agreement”) with a wholly-owned subsidiary of Livent Corporation (“Livent”) to advance E3 Metals’ proprietary Ion-Exchange Direct Lithium Extraction process. The ultimate goal of the Agreement is to develop a process to produce battery quality lithium products from the lithium [Read More…]
Column: Fuel for me but not for thee?
Hypocrisy is an ugly vice. And a revealing one. Normally it just reveals that people who make haughty demands of their fellows overestimate what even their own flesh is capable of especially in the direction of self-denial. But climate hypocrisy casts an especially sickly light on what alternative energy is not capable of. When rich people who claim to believe the oceans are rising inexorably buy fancy properties by the sea, like the clickbait my browser recently dangled before me in a list [Read More…]
XI Technologies: How to more effectively manage drilling budgets, mitigate risks, and reduce non-productive time
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. It’s no secret that drilling activity throughout the Western Canadian Sedimentary Basin (WCSB) is down and has been for a few years now. But that doesn’t mean that companies aren’t drilling at all. What it does mean is that [Read More…]
GuildOne Awarded AFE Balloting Contract by OOC Oil & Gas Blockchain Consortium
Calgary-based blockchain provider will deploy and demonstrate an automated blockchain solution for AFE balloting for an oil and gas blockchain consortium, OOC. Calgary-based GuildOne Inc. (GuildOne) has been awarded a contract from the Offshore Operators Committee (OOC) Oil & Gas Blockchain Consortium to deploy and demonstrate a proof-of-concept (PoC) blockchain solution for authorization for expenditure (AFE) balloting. AFE balloting is a commonly used tool for garnering approval and [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 Sep. 17 Asset Integrity Administrator Roska DBO Grande Prairie Sep. 16 Production Engineering Student ARC Resources Calgary Sep. 16 Asset Integrity Engineering [Read More…]
Open Letter to the Government of Canada – Part 2
Dear Prime Minister, Senators, Honourable MPs and Mr. Vandal, A few weeks past I wrote an Open Letter in order to highlight my concerns regarding my not being allowed to enter the Senate of Canada with my “I ♥ Canada Oil + Gas” shirt as it may offend some people. Shortly after publishing this, I was inundated with phone calls from Senators, media and people from the general public that were concerned about how this could happen in Canada. After Senator Tkachuk raised his concerns in a [Read More…]
Minnesota court declines to review Enbridge Line 3 pipeline approval
The Minnesota Supreme Court on Tuesday declined to hear environmental and tribal challenges to Enbridge Inc’s Line 3 oil pipeline, a decision that removes one potential obstacle for the already-delayed project. The ruling means the Minnesota Public Utilities Commission (MPUC), the state regulator that approved the Line 3 project last year, will not have to consider additional environmental issues. Line 3 is part of Enbridge’s Mainline network that transports western Canadian oil to Midwest [Read More…]
Oil plummets 6% as Saudi says oil production fully restored
Oil prices dropped about 6% on Tuesday after Saudi Arabia’s energy minister said the kingdom has fully restored its oil production hit by an attack this weekend that shut 5% of global oil output. Saturday’s attacks raised the specter of a major supply shock in a market that in recent months has been preoccupied with demand concerns and faltering global growth. Oil surged as much as 20% at one point on Monday. During a news conference on Tuesday, Saudi Arabia’s energy minister also said it [Read More…]
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