As we enter 1984, metaphorically speaking, I realized I’ve had enough of the climate madness. Not just the mass delusion (the equivalent of Y2K times the dot-com boom times Beatlemania), but the whole topic, a twisted mess of ideology, speculative science, and fear. "The science is settled" vs. "no one will give up lifestyle". Science/lifestyle, back and forth for eternity. Elon Musk’s marketing/engineering genius is now a symbol for those who want to destroy the fossil fuel industry, despite [Read more]
Headlines
Real crunch from Saudi Arabia’s oil outage has yet to be felt
Saudi Arabia's ability to avert a global oil supply crunch will only become clear in a few weeks, because for now its crude held in storage can fill the gap and mask the scale of damage to its facilities, traders and analysts say. Riyadh says production will be back to normal levels in two to three weeks, which means restoring output to about 10 million barrels per day (bpd), after Saturday's attacks on two sites that usually process and clean up about 5.7 million bpd. While it carries out [Read more]
Send pipeline fights to top court: Scheer
A Conservative government would overcome legal objections to building new petroleum pipelines by fast-tracking any cases right to the Supreme Court, party leader Andrew Scheer says. Scheer and other Conservatives have for years said Ottawa has to "assert federal jurisdiction" to get important projects built, but he has not until now explained what that would mean in practice. At a campaign stop Wednesday, Scheer was pushed on comments he made in recent days about asserting jurisdiction in [Read more]
Prairie Provident Announces Significant Incremental Reserves Booking Attributable to Evi Waterflood
CALGARY, Alberta, Sept. 18, 2019 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) is pleased to announce the results of an updated independent reserves evaluation of the Company's interests in respect to specific reserve entities within three future undeveloped waterflood expansion areas in Evi (“Evi Waterflood Areas”). The evaluation was conducted by Sproule Associates Limited (“Sproule”), independent qualified reserves evaluators, with an [Read more]
Alberta sees progress on talks to ease oil curtailments
Premier Jason Kenney 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 building new pipelines. Major producers [Read more]
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]