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. 23 Field Operator Roska DBO Tumbler Ridge Sep. 23 Data Assistant Transportation Brunel Lloydminster Sep. 23 Accounts Payable/Receivable [Read more]
Headlines
Enbridge receives permit for Michigan underwater supports on Line 5 oil pipeline
Canadian pipeline company Enbridge Inc said on Tuesday it has received a permit from the U.S. Army Corps of Engineers to install 54 steel supports along its underwater Line 5 pipeline in Michigan's Straits of Mackinac. Line 5 ships 540,000 barrels per day of light crude oil and propane and is a critical part of Enbridge's Mainline network, which delivers the bulk of Canadian crude exports to the United States. However the Michigan is suing Enbridge in a bid to have the underwater portion [Read more]
Baytex Announces Board and Management Changes
CALGARY, Alberta, Sept. 24, 2019 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (“Baytex”)(TSX, NYSE: BTE) announces changes to its board of directors and management team. Board of Directors Baytex has an ongoing board renewal process led by its Nominating and Governance Committee. In the last year, we have significantly restructured our board. Throughout this renewal process, our intent has been to create an efficient, diverse and independent board with complementary skill sets suited to our [Read more]
Court blocks Alberta legislation that would restrict energy flows to British Columbia
A Canadian court on Tuesday granted a temporary injunction against legislation enabling the province of Alberta to restrict the flow of oil and gas to neighbouring British Columbia. Alberta enacted Bill 12, dubbed the "turn off the taps act" in May, after it was passed by the previous provincial government in retaliation for British Columbia opposing the expansion of the Trans Mountain oil pipeline. Bill 12, formally known as the "Preserving Canada's Economic Prosperity Act", has yet to be [Read more]
Oil slips as focus shifts from Saudi supply to global demand concerns
Oil prices eased on Tuesday as weak manufacturing data from Europe and Japan focused market attention on the gloomy outlook for demand and away from uncertainty around supply disruptions in Saudi Arabia. U.S. West Texas Intermediate (WTI) futures were at $58.36, down 28 cents. Brent crude futures fell 35 cents to $64.42 a barrel. "The demand side of the equation is back in focus," said Michael McCarthy, senior market analyst at CMC Markets in Sydney, pointing to sluggish manufacturing [Read more]
Column: Carbon capture ingenuity shows resilience of petroleum sector whether activists acknowledge it or not
Whenever I mention Carbon Engineering, the Murray Edwards/Bill Gates-backed, Squamish-based company that’s developing large scale carbon capture technology, some wise monkey points out to me that the technology is too expensive or too impractical. They come up with some mechanical/cost yardstick, and say that it doesn’t make any sense. I have nothing against monkeys, but these sorts or replies do earn them a scowl. Oh, they may well be right about the cost being suboptimal. But the more [Read more]
Eight energy firms dropped from Canada’s main equity index
Eight Canadian energy companies were booted out of the S&P/TSX Composite Index on Monday because their market capitalization has dropped below minimum requirements, the latest sign of difficulties facing the country's oil and gas sector.Analysts said the rebalancing of Canada's flagship index underlined the challenge to energy companies in attracting investment amid concerns about lack of new oil pipeline capacity and a glut of inexpensive North American natural gas.Canada holds [Read more]
Delphi Energy Corp. Announces Recapitalization Transaction and Board Changes
CALGARY, Alberta, Sept. 23, 2019 (GLOBE NEWSWIRE) -- September 23, 2019 – Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce a significant recapitalization transaction (the “Recapitalization Transaction”) that repositions the Company for future growth and value enhancement. The Recapitalization Transaction achieves the following corporate objectives: Raises a minimum of $43 million of new equity and debt capital exclusively for the development of the Company’s [Read more]
‘It’s on:’ Kenney vows to counter Texas efforts to lure Canadian companies south
CALGARY - Alberta's premier has a message for Texas firms looking to lure Canadian businesses to the Lone Star State — it's on. Jason Kenney says there has been a huge flight of money from Alberta's energy sector to Texas in recent years. One Houston-area real estate company says it has helped move 40 Canadian companies in the last year and a half, mostly in the oilfield services sector. Kenney says his government's plans to lower taxes, reduce red tape and ease [Read more]
Alberta to unveil budget on Oct. 24, spending cuts loom
Alberta will unveil its first budget on Oct. 24, the premier said on Monday, warning that "difficult decisions" would need to be made on spending to help tackle hefty deficits. Premier Jason Kenney and his United Conservative Party were elected in April, ousting the left-leaning New Democratic Party (NDP), with promises to get Alberta's finances in order. The western province holds most of Canada's oil reserves, the third-largest in the world, but it has been struggling with persistent [Read more]