CALGARY, Nov. 20, 2017 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQX") announces its third quarter operational and financial results for the three and nine months ended September 30, 2017. The Company's financial statements and Management's Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2017 are available on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com and on Marquee's website at [Read more]
Headlines
TransCanada starts excavation work after South Dakota pipeline leak
Canada Corp has started initial excavation work at the site of an oil spill on its Keystone pipeline in South Dakota but has not yet pinpointed where the leak came from, a state official said on Monday. The 590,000 barrel per day Keystone pipeline, which links Alberta's oil sands to U.S. refineries, was shut down on Thursday after a 5,000 barrel spill. Calgary-based TransCanada is working through the clean-up process, said Brian Walsh, environmental scientist manager for the South Dakota [Read more]
U.S. State Dept. studying Keystone XL route for ‘permitting impacts’ -official
The U.S. State Department is looking into whether Nebraska's approval of an "alternative" route for TransCanada Corp's Keystone XL pipeline through the state will require additional federal permitting, a spokesperson said. "We have heard about a possible modified route, and we are in the process of gaining more precise information in order to determine if there will be any permitting impacts as a result of those changes," the spokesperson said, asking not to be named. (Reporting by Valerie [Read more]
Two Alberta oil sands upgraders warn customers of volume cuts -sources
Two oil sands upgraders in Alberta have warned customers about cuts to synthetic crude output in November because of upsets at the plants, market sources said on Monday. Shell Canada, a unit of Royal Dutch Shell , has told customers synthetic crude volumes from its 255,000-barrel-per-day Scotford, Alberta, upgrader may be reduced in November and potentially December, trading sources said on Monday. Shell told customers it took units at Scotford offline on Wednesday because of a valve leak [Read more]
How electric vehicles and renewable generation will affect oil and gas demand
We hear a lot about upcoming disruptive green technologies, that are poised to end the era of hydrocarbon energy in the economy. Let’s have a look at the numbers, to see how these new technologies will impact future requirements for oil and natural gas. In the transportation sector, oil is the dominant fuel by far, with light vehicles (cars, SUVs and light trucks) using about 60 percent of all oil consumed worldwide, mostly in the form of gasoline refined from crude oil. The light vehicle [Read more]
‘We are very pleased:’ Notley says Nebraska’s Keystone OK means energy security
TORONTO - Alberta Premier Rachel Notley says Nebraska's decision to allow TransCanada's Keystone XL pipeline to run through that state brings North America closer to greater energy security. Nebraska's Public Service Commission on Monday approved the pipeline's passage in a 3-2 vote, although not along the preferred route for the $10-billion project. The panel ruled the new pipeline should be nearer to TransCanada's (TSX:TRP) existing pipeline in Nebraska to maximize monitoring [Read more]
TransCanada Evaluating Nebraska PSC Decision On Keystone XL
OMAHA, NEBRASKA--(Marketwired - Nov. 20, 2017) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) confirmed today that the Nebraska Public Service Commission (PSC) has approved an alternative route for the proposed Keystone XL Pipeline project through the state. TransCanada is evaluating the PSC's decision. "As a result of today's decision, we will conduct a careful review of the Public Service Commission's ruling while assessing how the decision would impact the cost and schedule [Read more]
Nebraska regulators approve Keystone XL pipeline route in win for Trump
Nebraska regulators voted on Monday to approve a route for TransCanada Corp’s Keystone XL pipeline through the state, lifting the last big regulatory obstacle for the long-delayed project that U.S. President Donald Trump wants built. The 3-2 decision by the Nebraska Public Service Commission helps clear the way for the pipeline linking Canada’s Alberta oil sands to refineries in the United States, but is likely to be challenged in court by opponents who say the project is an environmental [Read more]
Repsol Canada Energy Partnership – Sukunka (Rocky Creek) B.C. Coal Licences
Sayer Energy Advisors has been engaged by Repsol Canada Energy Partnership (“Repsol” or the “Company”) to assist it with the marketing of nine of its coal licences in the Sukunka (Rocky Creek) area of British Columbia (the “Licences”). The Licences were originally acquired by a predecessor to Repsol, an affiliated entity of BP Exploration Canada Ltd. (“BP”) when it was actively pursuing sour natural gas prospects in the area. BP and its successor, Talisman Energy Inc. (“Talisman”) held onto [Read more]
Oh for…governments once again do what they do best – shoot the wrong horse
If you like solitude and a good view, the steppes of Mongolia are pretty darned attractive. The country is the least densely populated in the world, so the vast town-less southern plains that border China are like nirvana to us antisocial introverts. Until recently, that is. A remarkable story appeared in Reuters the other day, with equally remarkable photos showing queues of coal-laden trucks up to 80 miles in length waited to cross the border into China. You know what it’s like to be at the [Read more]