CALGARY - Ottawa's approval of the Trans Mountain pipeline expansion pleased business leaders on Tuesday but they say they will hold off on popping champagne corks until construction begins on new pipe from Edmonton to the West Coast. "It was essential to show the world that our country can get major infrastructure projects approved," said CEO Tim McMillan of the Canadian Association of Petroleum Producers at an afternoon news conference. "It is now essential we show the world we can get [Read more]
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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 Jun. 17 Operator - Townsend AltaGas Fort St. John Jun. 17 Temporary Scheduler, Logistics AltaGas Calgary Jun. 17 Third Class Power Engineer / Sour Gas [Read more]
Trudeau approves expansion of crude oil pipeline, says legal challenges likely
Trudeau, as expected, approved the proposal to expand the crude oil pipeline Canada bought last year. Construction on the expansion of the Trans Mountain pipeline is planned to start this year, Prime Minister Justin Trudeau told a news conference. A senior government official, speaking on condition of anonymity, earlier said Ottawa expected legal challenges against the approval. The project would triple Trans Mountain's capacity to carry 890,000 barrels per day from Alberta's oil sands to [Read more]
Spain’s Repsol cutting Canadian staff by about 30% after global restructuring
Spanish oil company Repsol SA is cutting about 30% of its Canadian workforce, following a global restructuring process, the company confirmed in an emailed statement on Tuesday. "Repsol is constantly evaluating our activity and organization to drive continuous improvement and ensure the long-term sustainability of our business. This process has resulted in a reduction of our workforce in the Calgary, Chauvin and Edson offices," a company spokeswoman told Reuters. The new structure is [Read more]
Canadian crude Gulf Coast exports rise as Venezuelan gap is filled
Heavy crudes have poured into the United States this spring, offsetting the loss of Venezuelan oil and producing a mini-surplus, with Canadian heavy crude this month being exported from the U.S. Gulf Coast. U.S. refiners have lined up larger supplies from Canada, Iraq and Colombia since Washington in January began choking off the flow of dollars to Venezuela's socialist government by barring transactions with PDVSA, Venezuela's state oil company and once among the top three providers of heavy [Read more]
N.L. premier says he will take Ottawa to task over joint management of resources
ST. JOHN'S, N.L. - As senators debate the fate of Ottawa's bill on resource project assessments, Newfoundland and Labrador's premier says he'll do whatever it takes to ensure his province remains globally competitive. Premier Dwight Ball said today that he would be prepared to use an arbitration clause in the Atlantic Accord if he thinks Ottawa isn't respecting the deal's joint management principle around offshore oil and gas resources. He made the comment in a speech to an oil and gas [Read more]
Point Loma Resources Announces Initial Production From Wizard Lake Rex Oil Discovery and Announces June 19th Live Webinar at 11:00am PT (2:00pm ET)
CALGARY, ALBERTA / ACCESSWIRE / June 18, 2019 / Point Loma Resources Ltd. (TSX-V: PLX) (the "Corporation" or "Point Loma") is pleased to announce first oil production from the Corporation's Wizard Lake Rex oil discovery and provides an operational update. Point Loma would also like to announce that it will be hosting a live webinar at 11:00am PT (2:00pm ET) on Wednesday, June 19th. Please see webinar details below. Highlights: The Wizard Lake 16-17-48-27W4 Rex oil well was placed on [Read more]
Deadline for cabinet to decide future of Trans Mountain expansion is today
OTTAWA - The federal government is widely expected to green light the Trans Mountain expansion project a second time today but, even with a Yes vote, construction is likely weeks, if not months away. The federal cabinet will be reconsidering the project at its weekly meeting this morning, nine months after the Federal Court of Appeal shelved the original approval. Any decision isn't likely to be announced until after the markets close for the day. International Trade Minister Jim Carr said [Read more]
Webinar: Effective management of Asset Retirement Obligations (ARO)
Whether it’s for financial reporting or bank credit redetermination, operators across the WSCB are finding they need to pay closer attention to how they evaluate, make decisions, and report on asset retirement obligations, or ARO. XI Technologies has addressed the stumbling blogs, introduced standardized methodologies, and simplified the ARO process with the industry’s first ARO Manager software. The most recent AssetBook ARO Manager includes a handy Project Overview Report which instantly [Read more]
Reducing GHG emissions is abstract, reducing comfort levels is not, and don’t even think about the latter
I once volunteered to help administer a prize of some sort for an organization I can’t remember the name of (there are good reasons for the hazy memory, some sort of repression I think). The prize on offer was for an organic yard weeding – to whip someone’s yard into shape without the use of herbicides. The contest winner lived on the edge of the city on an oversized lot, and we arrived one fine evening to see an ocean of dandelions in bloom, for (what seemed like) as far as the eye could see [Read more]