Free hockey draft put on by OSY Rentals, Rival Hydrovac, and BOE Report. The pool is still open! Takes less than 2 minutes to complete No need of hockey knowledge (pick one player from a box grouped with players of the same level) Weekly prizes for the winner and loser Random weekly prizes Grand Prize TBA (last pool was flights and hotels to any NHL playoff game) All you need to do is fill out this PDF and email it to greg@osyrentals.com Any questions please contact Greg [Read more]
Headlines
Pembina Pipeline Corporation announces $600 Million hybrid note offering
CALGARY, AB, Jan. 12, 2021 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) announced today that it has priced an offering of $600 million of 4.80% Fixed-to-Fixed Rate Subordinated Notes, Series 1 due January 25, 2081 (the "Offering"). The Offering is expected to close on or about January 25, 2021, subject to customary closing conditions. Pembina expects to use the net proceeds of the Offering to redeem or repurchase its outstanding cumulative [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. Posting Date Job Title Company Location Jan. 11 2021 - General Summer Student Program TC Energy Calgary Jan. 9 Temporary Warehouse Technician AltaGas Fort St. John Jan. 8 Electrician - [Read more]
Heavy crude tightens further
Canadian heavy crude's discount to West Texas Intermediate (WTI) narrowed on Tuesday, extending the previous day's gains. Western Canada Select (WCS) heavy blend crude for February delivery in Hardisty, Alberta, traded at $12.50 per barrel below WTI, according to NE2 Canada Inc, narrowing from Monday's settle of $13.00 a barrel under WTI. The differential on Canadian heavy crude hit its widest level since April last week, but has narrowed in recent days to trade at similar discount to WTI [Read more]
Petrus Resources announces first quarter 2021 capital budget
CALGARY, Alberta - Petrus Resources Ltd. ("Petrus" or the "Company") (TSX: PRQ) is pleased to provide its first quarter capital budget and outlook for 2021. Petrus’ Board of Directors has approved a first quarter 2021 capital budget of $9.0 million to drill three (2.1 net) Cardium wells in the Ferrier area. With the risk of volatility in the price of Canadian light oil and natural gas, the Company believes that it is prudent to maintain a disciplined capital budget that is flexible from an [Read more]
Enbridge rejects Michigan’s order to shut down Line 5 pipeline through Great Lakes
TRAVERSE CITY, Mich. - Michigan's demand that Enbridge Inc. shut down an oil pipeline that runs through a channel linking two of the Great Lakes is based on bad information and political posturing and will be ignored, the Calgary-based company said Tuesday. Democratic Gov. Gretchen Whitmer in November moved to revoke a 1953 state easement that allowed part of the Canadian company's Line 5 to be placed along the bottom of the Straits of Mackinac, charging that Enbridge had repeatedly violated [Read more]
Third of oil and gas workers faced pay cut in 2020 due to pandemic, survey shows
Almost one in three workers in the oil and gas industry faced pay cuts in 2020, a worldwide survey showed on Tuesday, as the coronavirus crisis drove down fuel demand and prices. Oil and gas workers are still among the highest paid in the world, but a majority of those questioned said they felt less secure about their jobs than a year ago, as the shift to low-carbon energy sources pushed down investment in their industry. Salaries in the sector are closely tied to oil prices, which [Read more]
Now available: Argus Media 2021 Canada crude oil trading calendar
Download the 2021 Canada Crude Oil trading calendar to ensure you are prepared for 2021. Having access to this calendar puts the important crude oil trading dates in one place. Canada calendar dates include: Enbridge NOS due dates Canada physical trade window open dates Argus publishing holidays Argus is a leading energy and commodity price reporting agency that provides price assessments, analysis, bespoke consulting services and industry-leading conferences for the global [Read more]
Column: Norway’s hydrocarbon consumption shows stark reality of energy transition – even for the filthy rich
For a long time, decades, when the world thought of oil they thought of Saudi Arabia or the Middle East. That made sense. The Middle East that brought ultra-cheap oil to the world, and it's colourful cast of characters enjoyed jerking the economic world around by running out onto their royal balconies and shouting ‘Oil prices must go up’ or ‘Oil prices must go down’ or ‘We’re still thinking but we are going to do something big and we’ll get back to you’. An ever-thirstier world, high on [Read more]
Tamarack Valley Energy announces 2021 guidance and corporate update
CALGARY, AB - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX: TVE) announces that the Board of Directors (the "Board") has approved a 2021 capital budget of $105 to $110 million, designed to grow corporate oil production by approximately 30% on an exit-over-exit basis, generate significant free adjusted funds flow and maintain a strong balance sheet with a debt to trailing annual adjusted funds flow of less than 1.5 times. While 2020 was a challenging year on many fronts, [Read more]