CALGARY, ALBERTA--(Marketwired - Sept. 27, 2017) - Veresen Inc. ("Veresen") (TSX:VSN) is pleased to announce the successful start-up of the Tower rich gas processing plant on September 20, 2017, ahead of schedule and under budget. The Tower processing plant has the capacity to process 200 mmcf/d of natural gas, and is the first of three Veresen Midstream facilities that support Cutbank Ridge Partnership's ("CRP") condensate-focused growth plan in the Montney in the Dawson region of Northeast [Read more]
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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. Sep. 26 Production Engineering Internship Student ARC Resources Calgary Sep. 26 Engineering Team Lead STEP Energy Services San Antonio Sep. 26 Production Accountant - Junior Bellatrix Exploration [Read more]
Duvernay field holds Canada’s biggest shale oil reserves -regulator
The Duvernay field in Canada's western province of Alberta holds the country's largest marketable reserves of light shale oil and condensate, according to a new report from the national energy regulator. It is the first time the National Energy Board has done a detailed study of reserves in the 130,000 square kilometer (50,193 square mile) Duvernay play, which covers around 20 percent of Alberta, Canada's main crude-producing province. The NEB report showed the Duvernay holds 3.4 billion [Read more]
Kinder Morgan Canada ordered to stop some work on pipeline expansion
Canada's energy regulator has ordered Kinder Morgan Canada Ltd to stop some work on its Trans Mountain pipeline expansion, after a public company blog post showed it had been conducting activities that had "not yet been approved." In a letter sent on Friday, the National Energy Board (NEB) said Kinder Morgan has started work along the pipeline portion of the project, which the company is not yet allowed to do, and that it has to stop. The letter was filed to the NEB's website. Kinder [Read more]
U.S. crude exports to Asia may shake up global oil pricing
The great disruptor that is U.S. shale oil is coming to Asia, as refiners in the energy-hungry region look to expand and diversify their sources of crude, and the consequences will likely go well beyond a shift in oil trade flows. It should come as no surprise that rising oil output in the United States would find its way to the region that is the world's fastest-growing consumer of the fuel, but perhaps the rapid pace of the shift has caught some in the market off-guard. Crude oil exports [Read more]
Minnesota public hearings begin for Enbridge’s $6.5 bln oil pipe expansion
Regulatory hearings for Enbridge Inc's C$8.2 billion ($6.5 billion) Line 3 crude oil pipeline upgrade will begin on Tuesday in the U.S. state of Minnesota, which presents the last hurdle for the biggest project by North America's top pipeline operator. Until mid-November, the Minnesota Public Utilities Commission will hear from groups including landowners, aboriginals and environmentalists, many of whom fiercely oppose the project, while the energy industry supports it. The commission is [Read more]
Storm Resources Ltd. Announces Graduation to Toronto Stock Exchange
CALGARY, ALBERTA--(Marketwired - Sept. 25, 2017) - Storm Resources Ltd. ("Storm" or the "Company") (TSX VENTURE:SRX) is pleased to announce that it has received final approval to list the Company's common shares (the "Common Shares") on the Toronto Stock Exchange (the "TSX"). Effective at market open on September 27, 2017, the Common Shares will commence trading on the TSX under the existing symbol "SRX" and will concurrently be delisted from the TSX Venture Exchange. The TSX is the [Read more]
Pengrowth Comments on Trading Activity
CALGARY, ALBERTA--(Marketwired - Sept. 25, 2017) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) is issuing this press release in response to a request by the Investment Industry Regulatory Organization of Canada (IIROC) to comment on the recent significant increase in our share price and higher trading volumes. Pengrowth confirms that it is not aware of any material undisclosed information related to the Company or our operations that would account for this trading activity. About [Read more]
6th Annual CGEF Conference – New Global Challenges, Canadian Solutions
New Global Challenges - Canadian Solutions This year's conference examines what it takes to be successful in international conventional and unconventional projects, the growing role of clean technology in E&P and the impact of financial markets and legal trends in international E&P. When September 27 & 28, 2017 - Calgary, AB Where TELUS Convention Centre - Glen Rooms - South Building Click here for more information and to register! [Read more]
Interest in N.S. liquefied natural gas projects ramps up as producers look east
HALIFAX - Two liquefied natural gas megaprojects slated for Canada’s East Coast are steaming ahead, even as investors pull the plug on plans for the West Coast. Bear Head LNG Corp., a subsidiary of Australia-based Liquefied Natural Gas Ltd., and Goldboro LNG, a Pieridae Energy Canada project, could be the best bet for the country's first LNG export facility. Despite a glut of gas around the world, rock-bottom prices and the cancellation of facilities proposed for British [Read more]