OTTAWA - The federal government will not appeal the court decision that tore up cabinet approval for the Trans Mountain pipeline expansion and is appointing former Supreme Court justice Frank Iacobucci to oversee a new round of consultations with Indigenous communities. Natural Resources Minister Amarjeet Sohi says the government does not intend to start the phase-three Indigenous consultations from the beginning, but will use them to address the weaknesses that led to the Federal Court of [Read more]
Headlines
After lean years, Big Oil is under pressure to spend
LONDON (Reuters) - Executives at the world’s biggest oil and gas companies are under growing pressure to loosen the purse strings to replenish reserves, halt output declines and take advantage of a crude price rally after years of austerity. With oil at a four-year high of $85 a barrel, exploration departments are urging company boards to drill more, wages are creeping higher, service companies say rates will have to rise and some investors say Big Oil must start growing again soon. For [Read more]
BC’s LNG, a major natural gas pipeline and more crude by rail – Canada’s products finally get moving to a world that needs them
A few weeks ago, one of my columns spoke of the pall or lethargy that seems to have been cast over Canada. Whether through over-regulation, over-consultation or over-inhaling, Canada seems unable to rise to the challenges of keeping the nation moving forward. Many wrote to say how much the message resonated (thanks), and a few semi-coherent emails came in that missed the message but defended cannabis (and that resonance, between the garbled messaging and the defense of weed, seemed touchingly [Read more]
Corporate Divestiture: Robert L. McNamara Leaseholds Ltd.
Sayer Energy Advisors has been engaged by Robert L. McNamara Leaseholds Ltd. (the “Company”) to assist with the sale of the shares of the Company. The assets of the Company include a number of mineral title and royalty interests comprising over 1,700 net acres in the Waterton, Majorville, Okotoks, Crossfield, Lochend, Swalwell, Twining, Garrington, Sylvan Lake, Joffre, Medicine River and Pembina areas of southern and central Alberta (the “Titles”), and interests in approximately 260 Gross [Read more]
Build it and they will buy. The new world of LNG Canada
The first major liquefied natural gas (LNG) project to be approved globally in five years will be built in Canada, but its underlying philosophy appears to be more closely allied to the Australian concept of "she'll be right, mate." The LNG Canada project was given the green light on Tuesday by Royal Dutch Shell , which is leading the $31 billion venture along with partners Petronas , Mitsubishi , PetroChina and Korea Gas . What makes the first export plant on Canada's west coast different [Read more]
Energy equipment marketplace Fuelled acquires PNG Equipment Ltd.
Acquisition comes with over 4,500 equipment listings and new clients including Canadian Natural Resources Limited CALGARY, Oct. 2, 2018 /CNW/ - Today, Fuelled Energy Marketing Inc. (Fuelled), an online energy equipment marketplace platform, announced that it has acquired PNG Equipment Ltd. (PNG) in an all-cash transaction. With the acquisition of PNG, Fuelled will add over 4,500 equipment listings to its platform and onboard new clients including Canadian Natural Resources Limited (TSE: CNQ), [Read more]
B.C.’s Kitimat LNG deal has Horgan juggling Greens, Liberals, environmentalists
VICTORIA - The prospect of billions of dollars in liquefied natural gas revenues has British Columbia's government preparing for a political and environmental juggling act as Premier John Horgan attempts to hold together his minority government while appeasing ever watchful climate guardians. Horgan said LNG Canada's decision to build a $40 billion liquefied natural gas project in northern B.C. ranked on the historic scale of a "moon landing," emphasizing just how much the project means to an [Read more]
Blackbird Energy Inc. Announces Strong Year End 2018 Financial and Operating Results Including Record Revenue of $20.4 Million
CALGARY, Alberta, Oct. 02, 2018 (GLOBE NEWSWIRE) -- (TSX-V: BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to announce its financial and operational results for the year ended July 31, 2018. Blackbird’s audited consolidated financial statements, management’s discussion and analysis (“MD&A”), annual information form, and statement of reserves data and other oil and gas information, for the year ended July 31, 2018 are available on SEDAR at www.sedar.com and are also [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. 1 Accounting Manager Strike Group Calgary Sep. 30 Electrical Instrumentation & Controls Technician TransCanada Fairview Sep. 30 Electrical [Read more]
Husky Energy Commences Cash and Share Offer to Acquire MEG Energy
CALGARY, Alberta, Oct. 02, 2018 (GLOBE NEWSWIRE) -- Husky Energy Inc. (TSX:HSE) (“Husky” or the “Company”) today announced that it has formally commenced its offer (the “Offer”) to acquire all of the outstanding common shares of MEG Energy Corp. (TSX:MEG) (“MEG”). The notice and advertisement of the Offer appear in the Tuesday, October 2, 2018 editions of The Globe and Mail and Le Devoir, and the Offer is contained in the Offer to Purchase and Bid Circular (the “Offer and Circular”) and related [Read more]