CALGARY, Jan. 2, 2018 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) announced today several senior executive appointments. Over the past few years, Pembina has experienced transformational growth. Since the beginning of 2015, the Company has placed over $8 billion of new assets into service. Furthermore, in 2017 the Company completed a major multi-billion dollar corporate acquisition. Given the enhanced scale and scope of Pembina's business and [Read more]
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Painted Pony Completes Amalgamation With UGR Blair Creek and Painted Rock Resources
CALGARY, Jan. 2, 2018 /CNW/ - Painted Pony Energy Ltd. ("Painted Pony" or the "Corporation") (TSX: PONY) announces that effective January 1, 2018 the Corporation completed an amalgamation with its two wholly-owned subsidiaries, UGR Blair Creek Ltd. and Painted Rock Resources Ltd., pursuant to Sections 181 and 184(1) of the Business Corporations Act (Alberta). ABOUT PAINTED PONY Painted Pony is a publicly-traded natural gas company based in Western Canada. The Corporation is primarily [Read more]
Deep freeze offers only cold comfort for natural gas producing firms
CALGARY - The cold snap that continues to blanket many parts of North America is driving short-term natural gas prices higher but they remain far below historic highs and the trend is unlikely to significantly affect either Canadian consumer bills or producer profits. Cold weather typically increases demand for the home heating fuel, which draws down storage levels and pushes prices higher. "Most of the companies purchasing gas ... will manage their gas supply. They will purchase [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. Dec. 29 Summer Student - Field Positions (various locations) TransCanada Calgary Dec. 29 Enterprise Information Technology Services Summer Student TransCanada Calgary Dec. 29 Corporate Securities & Finance [Read more]
Over 500,000 Alberta users visited the BOE Report in 2017
More people from across Canada and the United States visited the BOE Report than in years past in 2017 . The BOE Report continued its leadership as the go-to site for oil and gas news, activity and information, and by year-end, close to one million users visited BOEReport.com and in Western Canada viewed 6 million pages. The site’s two most read articles for the year both received over 22,000 individual reads. These articles, like this one and in particular this one, discussing the mass [Read more]
A new year needs a new message: Canadian resources benefit the world, and time to stop apologizing
Ever seen a movie where a scrawny quiet kid, after years of being bullied, finally comes of age and punches some punk in the head, and the theatre is filled with a sense of euphoric release? In those terms, Canada is currently the scrawny quiet kid, but there’s been no sign it’s ready to stand its ground. It's time to change that. To say that we need our very own Trump would be a bit much, but we do need a few pages from his play book. Part of Trump’s appeal is that he took back the [Read more]
Alberta carbon tax jumps, but NDP says it’s connected to improving economy
EDMONTON - Alberta's carbon tax jumped on New Year's Day, but the province's NDP government maintains the tax played a vital role in Alberta's improving economic outlook. Deputy premier Sarah Hoffman told reporters there was a clear link between the approval of several pipelines last year and the tax that Alberta first introduced on carbon on January 1, 2017. Hoffman noted the federal government was clear that its approval for the Trans Mountain pipeline expansion from Alberta to [Read more]
Crude awakenings: stabilizing oil unlikely to improve the TSX’s performance in 2018
TORONTO - While stabilizing oil prices helped Canadian equities break out of their doldrums in the second half of 2017, investors expecting the Toronto Stock Exchange to catch up with its outperforming global peers in the new year should instead anticipate more modest returns with the add-on of greater market volatility. "Despite being flat in the early part of the year and then posting some gains here in the back half of the year, the swings in equity prices on the S&P/TSX composite [Read more]
Numbing cold wave grips U.S., heralding a frigid New Year’s Eve
The torrent of arctic air that poured into many parts of the United States this week tightened its grip on Friday and brought record cold to some spots, as forecasters warned revelers from Memphis to Maine to expect numbing conditions on New Year's Eve. As far south as Charleston, South Carolina, freezing rain coated the city's landmark church steeples, while a shroud of ice blanketed rock faces next to Niagara Falls as mist from the thundering falls on New York's border with [Read more]
Canada crude-by-rail exports to U.S. rise to 6-month high
Canadian crude-by-rail exports to the United States climbed to a six-month high of 137,000 barrels per day in October, data from the National Energy Board showed on Friday, the latest sign that tight pipeline capacity is pushing more oil onto railroads. October was the third straight month in which rail exports climbed. Volumes rose 2 percent from September, but were up 33 percent from the same month in 2016 when Canada shipped 103,000 barrels per day of crude by rail. The amount of crude [Read more]