DALLAS & NEWTOWN SQUARE, Pa.--(BUSINESS WIRE)--Energy Transfer Partners, L.P. (NYSE: ETP) and Sunoco Logistics Partners L.P. (NYSE: SXL) announced that the Administration’s statement today that it would not at this time issue an “easement” to Dakota Access Pipeline is a purely political action – which the Administration concedes when it states it has made a “policy decision” – Washington code for a political decision. This is nothing new from this Administration, since over the last four [Read more]
Headlines
Obama Admin. Blocks Dakota Access Pipeline Months After Approving It
The U.S. Army Corps of Engineers will not be granting the company building the Dakota Access Pipeline (DAPL) the easement it needs to cross the Missouri River, despite the project being nearly complete. American Indians and environmentalists camped out at the project’s construction site hailed the decision a victory, while Energy Transfer Partners and pipeline supporters are bashing the Corps for reversing its stance on the project. Army Assistant Secretary for Civil Works Jo-Ellen Darcy [Read more]
How Trump Could Create Millions Of Energy Jobs
President-elect Donald Trump wants to create millions of jobs by removing restrictions on American energy development, and the numbers seem to add up. Trump pledged in late November to “cancel job-killing restrictions on the production of American energy — including shale energy and clean coal — creating many millions of high-paying jobs.” A study found that the removal of drilling restrictions on federal lands and water could create 2.7 million energy jobs, while another 1.8 million could be [Read more]
Western Canada adds 26 rigs to its weekly count
Western Canada added 26 rigs to its weekly count according to Baker Hughes. It's the biggest weekly gain since January this year. 20 gas rigs were added along with 6 oil rigs. The number of rigs drilling is up 13% year over year as prices begin to improve for both crude oil and natural gas. Alberta saw the biggest gain, adding 20 drilling rigs to a total active fleet of 128. See the full rig count with interactive chart on the BOE Report Rig Count page. [Read more]
This week’s new oil and gas 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 here to create an account to post jobs; it's simple and easy to use. Senior Exploitation/Reservoir Engineer/Manager Razor Energy Corp. (the “Company”), is a new junior oil and gas start-up is seeking to add a Senior Exploitation/Reservoir Engineer/Manager to the roster. Currently we are [Read more]
Cardinal Energy Ltd. Announces Appointment of New Officer and Confirms Monthly Dividend for December
CALGARY, ALBERTA--(Marketwired - Dec. 2, 2016) - Cardinal Energy Ltd. ("Cardinal") (TSX:CJ) is pleased to announce that Dale Orton, P. Eng. will join its management team in a Vice President capacity effective December 1, 2016. Mr. Orton has in excess of 20 years of experience in numerous aspects of the oil and gas industry focusing on reservoir exploitation, business development, and operations, within both large and junior public oil and gas companies. Mr. Orton can be reached at [Read more]
Tervita Corporation Announces Commencement of an Offering of Senior Secured Notes by Tervita Escrow Corporation
CALGARY, ALBERTA--(Marketwired - Dec. 2, 2016) - Tervita Corporation ("Tervita") announced today that Tervita Escrow Corporation (the "Escrow Issuer") has commenced an offering of US$ senior secured notes due 2021 (the "Notes") in an aggregate principal amount to yield C$ 475 million. The Escrow Issuer is a wholly owned subsidiary of Tervita. Proceeds from the offering of the Notes are expected to be used to finance the previously announced recapitalization transaction (the "Recapitalization [Read more]
Sunshine Oilsands Ltd.: Announcement of Closing of Private Placement of the Remaining 98,453,334 Common Shares Under Specific Mandate
HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - Dec. 2, 2016) - The Board of Directors of Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKEX:2012) wishes to announce the following: Closing of Private Placement under Specific Mandate Reference is made to the announcements of the Corporation dated June 1, 2015, July 28, 2015, August 21, 2015, October 1, 2015, November 2, 2015, December 6, 2015, March 2, 2016, May 3, 2016, June 3, 2016, June 23, 2016, July 21, 2016, August [Read more]
The carbon tax isn’t about social license for pipelines, but the pipeline approvals are about social license for the carbon tax
In Stephen Harper's time as Prime Minister, four major pipeline projects were approved and built totalling over 1 million barrels per day of capacity (original Keystone, Line 9B Reversal, Trans Mountain Anchor Loop, and Alberta Clipper). All of these pipelines were approved and built without a carbon tax and with conservative governments provincially and federally. We also had Keystone XL approved within Canada and blocked only due to an anti-oil administration in the US. That project now [Read more]
Canadian Spirit Resources Inc. Announces Private Placement
CALGARY, ALBERTA--(Marketwired - Dec. 1, 2016) - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI)(OTCBB:CSPUF) is pleased to announce that it is proposing to undertake, subject to TSX Venture Exchange approval, a non-brokered private placement offering of $500,000. The private placement will be comprised of 4,166,668 units of the Corporation ("Units") at a price of $0.12 per Unit. The offering is expected to close by the middle of December 2016. Each Unit will [Read more]