BELLINGHAM, Wash. - The woman who had been hanging off the anchor chain of a support ship that is part of Royal Dutch Shell's plans to explore for oil in the Arctic Ocean ended her dayslong protest north of Seattle on Monday morning.Student activist Chiara D'Angelo requested assistance getting down from her perch on the Arctic Challenger in the Bellingham harbour around 9:30 a.m. Monday, the Coast Guard said.D'Angelo was checked for hypothermia and then released, Petty Officer 3rd Class Katelyn [Read more]
News
Canada, U.S., Mexico agree to establish working group for climate change, energy
MERIDA, Mexico - Canada, the United States and Mexico have established a ministerial-level working group on climate change and energy issues.Greg Rickford, Canada's minister of natural resources, reached the deal — along with U.S. Energy Secretary Ernest Moniz and Pedro Joaquin-Coldwell, Mexico's energy secretary — during a meeting of North American energy ministers.The working group will focus on a number of issues, including reliable and low-carbon electricity grids, deployment of clean energy [Read more]
Who? Alberta’s new energy minister Marg McCuaig-Boyd an unknown in the oilpatch
CALGARY - News that Marg McCuaig-Boyd would be Alberta's new energy minister was greeted by the oilpatch with a collective, "Who?"The newly elected NDP politician from the province's northwest touts education, administration and business consulting in her bio, but nothing related to oil and gas.The name didn't ring a bell for Martin Pelletier, portfolio manager at Calgary-based investment firm TriVest Wealth Counsel.He said he was happy to see Premier Rachel Notley reach out to energy industry [Read more]
Penn West Announces Finalization of Amending Agreements with its Lenders
CALGARY, May 25, 2015 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West", "we", "our" or the "Company") is pleased to announce that it has finalized and entered into definitive amending agreements with the lenders under its syndicated bank facility and the holders of its senior notes to, among other things, amend its financial covenants as initially disclosed by the Company in its press release issued on March 12, 2015 announcing its year-end financial and operational results [Read more]
Cenovus temporarily shuts down Foster Creek due to forest fire; Workers safely evacuated from operations as a precaution
CALGARY, May 25, 2015 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has safely evacuated all staff from its Foster Creek oil sands and Athabasca natural gas operations and shut down production as a precaution due to a forest fire on the Cold Lake Air Weapons Range (CLAWR) in northeastern Alberta. The forest fire is currently burning about 25 kilometres south of Cenovus's Foster Creek facility. There has been no damage to the Foster Creek infrastructure at this time. The decision to send [Read more]
Woman chains herself to Shell oil drilling support ship in bay north of Seattle
BELLINGHAM, Wash. - A woman has chained herself to the Arctic Challenger, a support ship for Royal Dutch Shell's exploratory oil drilling plans, Bellingham police said.KCPQ-TV said the ship is anchored in Bellingham Bay, north of Seattle.A police spokesman said officers talked to the ship, the port and the woman and won't be trying to remove her. The ship won't leave for several days.Earlier, an official with Washington state's Department of Natural Resources said activists protesting Shell's [Read more]
Former Alberta finance minister says give new NDP government time to learn
CALGARY - A former Alberta finance minister is urging people to give the new NDP government time to learn the ropes.Jim Dinning, who was a Calgary MLA in the 90s, says incoming Premier Rachel Notley and her 52 MLAs will make smarter decisions if they get time.He also is urging Notley to look at the big picture when it comes to the environment, energy and the economy.Dinning says it's up to the new government to have difficult conversations on these topics, and says leaders create followers.He [Read more]
Questerre enters into MOU for oil shale acreage in Jordan
CALGARY, May 22, 2015 /CNW/ - Questerre Energy Corporation ("Questerre" or the "Company") (TSX,OSE:QEC) announced today that it has entered into a memorandum of understanding ("MOU") with the Ministry of Energy and Mineral Resources of the Hashemite Kingdom of Jordan for the appraisal and development of oil shale acreage in Jordan. The MOU encompasses two blocks covering 388 square kilometers in the Isfir-Jafr area, approximately 200 km south of the capital, Amman. To date, a total of 35 core [Read more]
CEO of Suncor Energy says tougher action on climate change is needed
CALGARY - Calls for tougher carbon pricing are coming from what may, on the surface, seem like an unlikely source: Calgary business leaders, including the boss of Canada's biggest oilsands player."Climate change is happening," Suncor Energy CEO Steve Williams said in a speech Friday. "Doing nothing is not an option we can choose."Williams made his remarks at an event hosted by Canada's Ecofiscal Commission, a group focused on environmental and economic policy."We're trying to move Canada toward [Read more]
Virginia Hills Oil Corp. Announces First Quarter Results and 2015 Guidance
CALGARY, May 22, 2015 /CNW/ - Virginia Hills Oil Corp. ("Virginia Hills" or the "Company") announces that it has filed on SEDAR its financial statements and related management's discussion and analysis ("MD&A") for the three months ended March 31, 2015. The financial statements and MD&A are available for review at www.sedar.com or www.virginiahillsoil.com. Financial and Operating Results for Q1, 2015 March 31 Three months [Read more]