OTTAWA - The Federal Court of Appeal is allowing British Columbia to be an intervener in a legal fight against the Trans Mountain pipeline expansion, but with some conditions. Several First Nations and municipalities filed legal challenges against Ottawa's approval of the $7.4-billion project that would triple the capacity of the Alberta-to-B.C. pipeline and increase tanker traffic from the Vancouver area to the south portion of Vancouver Island. B.C.'s new NDP government, which [Read more]
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Connacher Announces Q2 2017 Results
CALGARY, Aug. 29, 2017 /CNW/ - Connacher Oil and Gas Limited ("Connacher" or the "Company") announces its financial and operating results for the three and six months ended June 30, 2017 ("Q2 2017") (all amounts are in Canadian dollars unless otherwise noted). Connacher has posted four consecutive quarters with positive netbacks and two quarters with positive adjusted EBITDA for the first time since 2014. Improved pricing, major cost structure reductions while maintaining high operational [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. Aug. 29 Business Analyst Pine Cliff Energy Ltd. Calgary Aug. 29 Supervisor (Fracturing Services) STEP Energy Services Red Deer Aug. 29 Service Writer (Fracturing Services) STEP Energy Services Red [Read more]
Questfire Energy Corp. Announces 2017 Second Quarter Financial Results
CALGARY, Alberta, Aug. 29, 2017 (GLOBE NEWSWIRE) -- Questfire Energy Corp. (the “Corporation” or “Questfire”) (TSX Venture:Q.A) is pleased to announce that it has filed on SEDAR its unaudited financial statements and related management’s discussion and analysis (“MD&A”) for the three and six months ended June 30, 2017. Financial and Operating Highlights Three months ended June 30, Six months ended June [Read more]
More than 18 pct of U.S. Gulf oil output shut in by Harvey
More than 18 percent of oil production in the Gulf of Mexico was shut in on Tuesday due to Harvey, the U.S. Department of the Interior’s Bureau of Safety Environmental Enforcement said. That equates to some 319,523 barrels of oil per day, out of roughly 1.75 million barrels pumped daily from the Gulf. The amount of production shut in was down from Monday, when more than 331,000 barrels were shut in. Meanwhile, 19.1 percent of natural gas production in the region, or 615.09 million cubic feet [Read more]
UCP candidate Callaway urges Alberta buy port of Churchill to spur oil sales
EDMONTON - A candidate to lead Alberta's new United Conservative Party says one way to jump-start the province's lagging oil industry may be to buy a piece of Manitoba. Jeff Callaway says the province should look at buying the port of Churchill on Hudson Bay and shipping oil there by pipeline. "This has so many benefits not just for Alberta, but for Western Canada and Canada broadly," Callaway said at the legislature Tuesday. He says tankers in Churchill could carry oil [Read more]
Harvey threatens more U.S. oil refineries after heavy rains
HOUSTON (Reuters) - Heavy rains and flooding from Tropical Storm Harvey threatened more oil refineries along the Louisiana coast after hammering plants in Texas, forcing Exxon Mobil Corp and Citgo Petroleum to consider shutdowns. The storm dropped back over the Gulf of Mexico on Monday, sending heavy rains from Houston through to Lake Charles, Louisiana. Between five and 15 inches of rain was expected in south-central Louisiana, the National Hurricane Center said on Tuesday. The Gulf Coast is [Read more]
Sacrificing Energy East might be clever politics, but the country needs better
For hard working Canadians it can be painful to watch, but there’s no denying that there’s been some masterful political maneuvering on display recently. This is in reference to the berserk request by the National Energy Board to examine climate change impacts of the Energy East pipeline. This change in the NEB’s stance appears to be part of Prime Minister Trudeau’s master plan for solving pesky energy headaches. It’s easy to see the expediency of Trudeau’s path. He is caught between pursuit [Read more]
Canada’s transmission pipeline industry delivering on commitment to safety and transparency
A lot has changed since the first Canadian transmission pipeline was built in 1853 – a 25-kilometre cast iron pipe that moved natural gas to Trois Rivières, Quebec. Increased demand for energy eventually led to the expansion and sophistication of Canada’s pipeline network, which is now one of the safest, most economical and environmentally-friendly options in the world for shipping large volumes of oil and gas. Today, 119,000 kilometres of pipeline wind through Canada’s communities, safely [Read more]
Leucrotta Announces Q2 2017 Financial and Operating Results
CALGARY, Alberta, Aug. 29, 2017 (GLOBE NEWSWIRE) -- LEUCROTTA EXPLORATION INC. (TSXV:LXE) (“Leucrotta” or the “Company”) is pleased to announce its financial and operating results for the three and six months ended June 30, 2017. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Increased production 144% to 2,629 boe/d in Q2 2017 from 1,078 boe/d in Q2 2016 (increased 40% from 1,881 boe/d in Q1 2017). Increased funds from operations 527% to $2.1 million in Q2 [Read more]