Albertans are planning to hit Edmonton's streets today to support — or protest — Swedish climate campaigner Greta Thunberg's visit. Climate Justice Edmonton has announced that the 16-year-old Stockholm student will join a march from a downtown Edmonton park to a climate rally at the Alberta legislature. A group of oil and gas supporters is planning a counter-rally at the same time. United We Roll, the group that organized a pro-pipeline convoy to Ottawa in February, says its members are [Read more]
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Column: For Alberta, This Election Means Everything
Much commentary around the current federal election has centered on the apparent lack of a focus on policy instead of arguing about who did the most embarrassing thing in their youth (or as a 29 year old school teacher). It makes it seem like this election is about nothing, but nothing is further from the truth for Alberta and for the oil industry. It’s no secret that we face a somewhat hostile environment in terms of public opinion outside our provincial borders these days. Partly this is [Read more]
Canadian Gas Association open response to CBC Article by Kim Brunhuber “Climate Change’s Next Target – Your Gas Range”
Kim Brunhuber’s article is another in a line of comments suggesting the electrification of our energy use would be straightforward. We at the Canadian Gas Association disagree. To put some independent analysis into the discussion we commissioned ICF to examine electrification under various scenarios in Canada. The conclusions of their work make it clear that electrification would be extremely expensive, and of limited benefit for emission reductions versus a more cost-effective approach that [Read more]
Painted Pony Announces Asset Sale
CALGARY, Alberta, Oct. 17, 2019 (GLOBE NEWSWIRE) -- Painted Pony Energy Ltd. ("Painted Pony" or the "Corporation") (TSX: PONY) is pleased to announce that it has entered into a definitive agreement to sell a 75% working interest in 11,280 gross acres (8,460 net acres) in the north east British Columbia Montney for cash consideration of $45 million. The proposed transaction is expected to close on or about October 31, 2019. The proposed transaction is subject to closing conditions. The acreage [Read more]
Advantagewon Oil Corp., Provides Update on Its Entrance into the Canadian Oil Patch. Reactivation Work Completed on the First Canadian Well, 90 BOPD Brought onto Production
Advantagewon Oil Corp., (CSE: AOC) (OTCQB: ANTGF), (the "Corporation", "Advantagewon", "AOC") announced today that it had completed on the first Canadian based well of its three well joint venture reactivation plan what the Corporation announced, via press release, back on September 26th, 2019. The first of the three well initiative is producing, AOC had proposed a reactivation that would produce 30 Barrels of Oil Per Day ("BOPD") as a gross production number. Upon further evaluation of the [Read more]
Alberta truck convoy plans counter-protest to climate rally with Greta Thunberg
EDMONTON - A group oil and gas supporters is planning a counter-rally when Swedish climate activist Greta Thunberg shows up at the Alberta legislature. Glen Carritt, who organized the United We Roll convoy that travelled to Ottawa in February, says a similar convoy will start in Red Deer, Alta., on Friday morning and make its way to Edmonton. Carritt says the trucks are expected to arrive at the legislature at noon, when a climate rally is to begin with 16-year-old Thunberg. He says [Read more]
U.S. becomes net exporter of crude and fuel for 2nd week in a row for first time on record
The United States became a net exporter of crude and petroleum products for a second week in a row for the first time on record last week, data from the Energy Information Administration showed on Thursday. The U.S. exported about 31,000 barrels per day (bpd) of crude and petroleum products on a net basis last week after exporting a net 30,000 bpd a week earlier, the data showed. Meanwhile, refinery utilization rates in the U.S. East Coast slid to 59.8%, the lowest level since November [Read more]
TC Energy to cut Oct volumes on Keystone oil pipeline after force majeure
TC Energy Corp will cut crude volumes flowing through the Keystone oil pipeline for the rest of October after declaring force majeure due to a snowstorm in Manitoba over the weekend, sources familiar with the matter said on Thursday. The company is expected to cut volumes entering the Keystone pipeline from Canada by about 20% for the rest of this month, two of the sources said. TC Energy did not immediately comment on the volumes. The timeline for a return to full operations is [Read more]
Pieridae Energy Closes the Acquisition of Shell Canada’s Foothills Assets
Highlights: Acquisition immediately accretive to the Company Acquired majority of the gas needed to supply Train 1 at Goldboro LNG facility Further progress made toward Goldboro LNG final investment decision Pieridae remains committed to working respectfully with area communities and Treaty 7 Nations Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce that it has closed its acquisition of all of Shell Canada Energy’s (“Shell”) midstream and [Read more]