Major pipeline companies in western Canada have created fire breaks, installed sprinklers and taken other measures to protect operations as raging wildfires spread to more than 38,000 hectares (93,000 acres) in British Columbia. Enbridge Inc has taken a natural gas compressor station offline but it said on Wednesday that there had been no significant reduction in volumes shipped. The fires have disrupted timber and mining operations, damaged a regional electric utility and forced more than [Read more]
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Enbridge gas compressor offline after western Canada wildfires
Enbridge inc has taken a natural gas compressor station offline after wildfires in the western Canadian province of British Columbia, but there had been no "significant reduction" in volumes shipped, the company said on Wednesday. Enbridge did not specify which pipeline system the station was on, saying only that it was in the "impacted area," a region ranging from 150 km (95 miles) to 350 km northeast of Vancouver where more than 200 fires had been burning. (Reporting by Ethan [Read more]
Receivership Sale: Anterra Energy Inc.
Sayer Energy Advisors and PricewaterhouseCoopers Corporate Finance Inc. have been engaged to jointly assist PricewaterhouseCoopers Inc. (“PwC”), in its capacity as court-appointed receiver and manager (the “Receiver”) of the assets of Anterra Energy Inc. (“Anterra” or the “Company”) with the sale of the oil and natural gas properties held by the Company (the “Properties”). Total gross production from the Properties has recently averaged approximately 375 boe/d (332 barrels of oil and natural [Read more]
Construct low-cost, low-maintenance, access roads and drilling pads over soft soils with the GEOWEB® 3D soil stabilization system
The 3D cellular confinement technology was developed by Presto Products Company and the U.S. Army Corp of Engineers in the late 1970’s. The goal was to create a means for building roadways over poor subgrades using sand. Ultrasonically-welded strips of High-Density Polyethylene (HDPE) form the three-dimensional GEOWEB® System-—giving cohesion and additional strength to non-cohesive soils, through confinement. This translates well for the Canadian Oil Sands where soft subgrades and limited access [Read more]
Canada Pension Plan Investment Board and Vermilion Energy Inc. Announce Strategic Partnership in Corrib
TORONTO and CALGARY, July 12, 2017 /CNW/ - Canada Pension Plan Investment Board ("CPPIB") and Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) are pleased to announce a strategic partnership in the Corrib Natural Gas Field in Ireland ("Corrib"), whereby CPPIB will acquire Shell Exploration Company B.V.'s ("Shell") 45% interest in the project, with Vermilion operating the assets after completion of the acquisition. Through its wholly owned subsidiary, CPP Investment Board Europe S.a.r.l., [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. Jul. 10 Senior Accounting Analyst TransCanada Calgary Jul. 10 Alarm Management Specialist - Liquids Pipelines Control Center TransCanada Calgary Jul. 10 Electrical Engineering Internship [Read more]
Pembina & Veresen Announce Veresen Shareholder Approval of Business Combination
CALGARY, July 11, 2017 /PRNewswire/ - Pembina Pipeline Corporation (TSX: PPL; NYSE: PBA) ("Pembina") and Veresen Inc. (TSX: VSN) ("Veresen") are pleased to announce that Veresen shareholders, at Special Meetings of Veresen's common and preferred shareholders held today, voted to approve the previously announced plan of arrangement (the "Arrangement") between Pembina and Veresen (the "Transaction") that will create one of the largest energy infrastructure companies in Canada. Greater than [Read more]
Saturn Oil + Gas Inc. Announces Joint Operating and Farm-In Agreement at Flaxcombe
SASKATOON, SASKATCHEWAN--(Marketwired - July 11, 2017) - Saturn Oil + Gas Inc. ("Saturn" or the "Company") (TSX VENTURE:SMI) (FRANKFURT:SMK) is pleased to announce that that it has entered into a joint operating agreement (the "Agreement") with Westcore Energy Ltd. ("Westcore") (TSX.V: WTR) to develop two sections of land near Flaxcombe, Saskatchewan. Under the terms of the Agreement, each of Saturn and Westcore shall have a 50% working interest in both sections. These Flaxcombe assets are [Read more]
Fewer Albertans report being impacted by oil prices, increasingly optimistic about province’s economy
EDMONTON, July 11, 2017 /CNW/ - According to ATB Investor Beat, 52 per cent of Albertans report being impacted by the drop in oil prices, significantly lower than last quarter (58 per cent). Not surprisingly, this correlates to the number of Albertans who have an increasingly optimistic view of the province's economy. It also correlates to the number of Albertans who feel more optimistic about job opportunities, which has risen steadily over the past three quarters (from October 2016 [Read more]
Oil, lumber companies mobilize to protect pipelines, mills from B.C. wildfires
VANCOUVER - Kinder Morgan Canada and other companies are working to keep some of the more than 200 wildfires burning across British Columbia away from their infrastructure, while a number of firms have suspended or reduced operations for the indefinite future. "At this time, I think that we're fine, but each day brings a new set of circumstances," said Steve Robertson, vice-president of corporate affairs at Imperial Metals Corp. (TSX:III). The company's Mount Polley open-pit [Read more]