OTTAWA - The federal government has lost in a bid to go behind closed doors in a prominent court case about allegations of spying on anti-pipeline activists. In a ruling Wednesday, Federal Court Justice Robert Barnes sided with the British Columbia Civil Liberties Association in embracing the open-court principle and turning down the government's confidentiality request. If the decision stands, it means the public will have a fuller view of events when the court looks at the central issue [Read more]
Headlines
Cenovus makes oilsands cuts to avoid low prices, ‘not for charity,’ says CEO
CALGARY - Cenovus Energy Inc. says it is cutting oilsands production, putting more barrels in storage, ramping up rail shipments and may delay producing from a nearly completed expansion project to avoid current steep price discounts. The cutbacks will likely help relieve a glut of oil in Western Canada blamed on not enough export pipeline space, but CEO Alex Pourbaix said Wednesday the Calgary-based company is doing it strictly for the benefit of its shareholders. "We're not going to [Read more]
NEB energy forecast calls for more clean power and more oil output by 2040
CALGARY - The National Energy Board says renewable sources of electricity in Canada will grow over the next 20 years but so will Canadian oil and natural gas production. In a new report, the national regulator says Canadians will learn to use less energy, even as the economy grows, through to 2040. Under its reference or base case, the NEB predicts total Canadian electricity generation will increase by about 12 per cent from 2017 to 2040, with most of the new sources from natural gas, wind [Read more]
Alberta premier tells B.C. steelworkers jobs at risk without Trans Mountain
KAMLOOPS, B.C. - Alberta Premier Rachel Notley says it's "just dumb" that the Canadian economy is losing millions of dollars a day because the province can't get its oil to world markets. Notley took her message on the importance of the Trans Mountain pipeline expansion to steelworkers meeting in Kamloops, B.C., Wednesday. She warned them that jobs across the country — including theirs — are at risk every day the Trans Mountain project doesn't go ahead. She repeated her oft-made [Read more]
Pieridae Receives Permit to Construct the Goldboro LNG Facility
CALGARY, Alberta, Oct. 31, 2018 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (PEA-TSXV) welcomes the decision of the Nova Scotia Utility and Review Board to issue the permit to construct the Goldboro LNG Facility. Pieridae will now proceed diligently to satisfy each of the associated conditions of that permit and to commence the construction of the Goldboro LNG Facility as soon as a positive financial investment decision is taken by Pieridae. In anticipation of the commencement of construction, [Read more]
Property Divestiture: Shafam Resources Ltd.
Sayer Energy Advisors has been engaged to assist Shafam Resources Ltd. (“Shafam”) with the sale of its oil and natural gas royalty interests and minor non-operated working interest properties (the “Properties”). The Properties are located in various areas of Alberta and Saskatchewan. Total production net to Shafam is estimated to be 37 boe/d, consisting of approximately 30 barrels of oil per day and 43 Mcf/d of natural gas. The royalty properties are located in [Read more]
Cenovus delivers exceptional third-quarter performance
Net debt down $1.6 billion from previous quarter CALGARY, Alberta, Oct. 31, 2018 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) generated more than $700 million of free funds flow and nearly $1 billion in adjusted funds flow in the third quarter, driven by exceptional operating performance in its oil sands and refining and marketing businesses. Oil sands production exceeded 376,000 barrels per day (bbls/d) with record-low operating costs for the second straight quarter. [Read more]
An interview with a former TransCanada executive on Canada’s pipeline bottlenecks, carbon pricing, Bill C-69 and more
Dennis McConaghy was for many years an executive with TransCanada. He now spends his time as an author (most recently of Dysfunction: Canada After Keystone XL) and commentator on energy and carbon issues in Canada. I spoke with Mr. McConaghy about a range of topics current to Canada’s oil and gas business and in the below Q & A interview, his observations are wide and many. McCall: What is the biggest frustration facing Alberta oil and gas in a year of big frustrations? McConaghy: As a [Read more]
Generational change in the work force affects how technology is used
Dave Howden, Director of Business Development at Red Dog Systems Inc. recently discussed his experience with generational change in the oil and gas workplace: I think many people feel that as there are generational changes in the workplace, technology acceptance will accelerate. I can’t say that I have seen this in the work place. There are a lot of folks in my generation that embrace new technology and a lot of folks in the younger generations that don’t. Age is not the difference, willingness [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 Oct. 30 Senior Exploitation Engineer TAQA North Calgary Oct. 30 ACCOUNTS RECEIVABLE/CREDIT ANALYST (1 YEAR CONTRACT) - (CAT) Trican Well Service [Read more]