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 Aug. 24 Senior Director, Total Rewards AltaGas Calgary Aug. 21 Wetland Specialist Vertex Sherwood Park Aug. 21 Wetland Specialist Vertex Calgary Aug. [Read more]
Headlines
Pipestone Energy Corp. announces unplanned outage at the Keyera Wapiti Gas Plant
CALGARY, Alberta - (PIPE – TSX-V) Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) was notified by Keyera Corp. (“Keyera”) on August 17, 2020 of an issue relating to the Waste Heat Recovery System within the Keyera Wapiti Gas Plant (“Keyera Plant”). This failure has resulted in an unplanned outage. After performing an inspection of the affected equipment, Keyera expects the repairs to be completed and the Keyera Plant to resume operations by the end of next week. During this outage, [Read more]
Oil prices rise on storm-driven output cuts, COVID-19 weighs
Crude oil prices rose on Tuesday, supported by production cuts in the U.S. Gulf Coast as Tropical Storm Laura was forecast to become a major hurricane, while rising coronavirus cases in Asia and Europe capped gains. U.S. West Texas Intermediate crude was up 98 cents, or 2.15%, at $43.29 a barrel. Brent crude oil futures added 90 cents, or 2%, to $45.92 a barrel. "A jump last week in the U.S. rig count and mixed data on COVID-19 infections are having a muted negative effect on oil this [Read more]
Cequence Energy announces proposed plan of compromise and arrangement and meeting of creditors
CALGARY, Alberta - Cequence Energy Ltd. (“Cequence” or “the Company“) announces a recapitalization transaction (the “Restructuring Transaction”), to be implemented as a plan of compromise and arrangement (the “Plan”) under the Companies’ Creditors Arrangement Act (“CCAA”) that will allow Cequence to reduce its debt and interest costs and improve liquidity to fund future operations. In connection with the Plan, Cequence has entered into a restructuring support agreement (the “Support Agreement”) [Read more]
Briko Energy Corp. Announces Second Quarter 2020 Financial and Operating Results
Calgary, Alberta - Briko Energy Corp. ("Briko" or the "Corporation") is pleased to report its financial and operating results for the three and six months ended June 30, 2020. Financial and operational information is set out below and should be read in conjunction with Briko's June 30, 2020 condensed unaudited interim financial statements and the related management's discussion and analysis ("MD&A"). Briko's condensed unaudited interim financial statements and MD&A are available for [Read more]
Producers shut-in 82% of Gulf of Mexico oil output due to storms
Oil and gas producers have shut-in 1.5 million barrels per day of oil production in the U.S. Gulf of Mexico, or roughly 82% of its total output, ahead of back-to-back tropical storms this week, according to figures released on Monday from the Bureau of Safety and Environmental Enforcement. Some 1,542 million cubic feet per day of natural gas production was shut-in as well, accounting for almost 57% of total output. Firms began shutting in production on Friday in preparation for Tropical [Read more]
Canadians join lawsuit to overturn opening Alaska wilderness to energy drilling
Canadian First Nations and environmentalists have joined a U.S. lawsuit aimed at overturning a decision that opens an Alaska wilderness to oil and gas exploration. The Gwich'In Tribal Council, which represents people in five communities in the Northwest Territories and Yukon, is now part of the lawsuit that was filed in an Alaskan court today. The Canadian Parks and Wilderness Society has also signed onto the lawsuit, which names the U.S. Department of the Interior and the U.S. Fish and [Read more]
Oil edges up as storms take aim at Gulf of Mexico
Crude oil prices nudged higher on Monday as storms bore down on the Gulf of Mexico, shutting more than half the region's oil production, although gains were capped by ongoing concerns about demand from coronavirus lockdowns. Hurricane Marco and Tropical Storm Laura tore through the Caribbean and Gulf of Mexico on Sunday, forcing energy companies to pull workers from offshore platforms and shut down oil production. Oil producers had shut 58% of the Gulf's offshore oil production and 45% of [Read more]
Energy firms shut 58% of Gulf of Mexico oil output due to twin storm threat
Energy firms shut 57.6%, or 1.07 million barrels per day (bpd), of offshore crude oil production in the U.S. Gulf of Mexico because of the twin threat from Hurricane Marco and Tropical Storm Laura, the U.S. government said on Sunday. Also, 44.6%, or 1,205 million cubic feet per day (mmcfd), of natural gas output was shut ahead of the storms, the federal Bureau of Safety and Environmental Enforcement (BSEE) said. Workers have been evacuated from 114 production platforms out of the 643 [Read more]
Crude-by-rail shipments drop to 8-year low in June, one-tenth of February record
CALGARY - Canadian exports of crude oil by rail fell to an eight-year low in June as North American fuel demand remained low due to measures taken to control the COVID-19 pandemic. The Canada Energy Regulator says rail shipments of oil in June fell to about 42,820 barrels per day, down from 58,000 bpd in May and 156,000 bpd in April. Shipments were 10 times as high in February, when they reached a record high of 412,000 bpd. Rail transportation of crude oil is considered to be more [Read more]