Alberta
News
May 27, 2015
Cenovus Energy Inc. has announced that four Cenovus executives have made the decision to retire. Their transitions off the executive team will begin at different times over the course of 2015.
News
May 27, 2015
Wildfires in northern Alberta kept about 10% of Canada’s oil sands production offline for a third day as Bank of America Corp. warned the blazes may slow the economy.
News
May 22, 2015
With a global oversupply of crude and ever-changing price environment, the crude oil supply chain between the U.S. and Canada has reacted quickly to rebalance supply and demand by moving U.S. crude north to the Canadian East coast, adding new infrastructure to de-bottleneck oil sand storage hubs, and conducting maintenance at Canadian oil sands production facilities, according to Genscape analysis.
News
May 22, 2015
Husky Energy has started commercial steam operations at the 10,000 bpd provider, Rush Lake heavy oil thermal project in Saskatchewan, approximately eight weeks ahead of schedule.
News
May 21, 2015
Canadian Pacific Railway Ltd. cut its forecast for moving crude by rail for a second time in four months because of production delays and lower demand for the commodity.
This year’s total will probably be 100,000 to 140,000 carloads, Chief Operating Officer Keith Creel said Wednesday. Canadian Pacific had forecast 140,000 in January, a reduction from its original outlook of 200,000.
News
May 21, 2015
Canada’s oil sands industry faces an equal risk from its reputation as an environmental laggard, as from high operating costs, industry observers said.
The failure to win approval for pipelines like TransCanada Corp.’s Keystone XL and Enbridge Inc.’s Northern Gateway is tied to concerns about carbon emissions with oil production, Ed Whittingham, executive director of the Pembina Institute, said at the Bloomberg Economic Series Canada summit in Toronto. “The oil sands feeds into concern about the climate,” he said. “The primary driving concern is climate.”
News
May 15, 2015
An indication that crude’s recent rally has further to run can be found in the northern forests of Alberta, where companies are paying the most in eight years to lease land for oil sands development.
News
May 05, 2015
Heavy Western Canadian Select crude’s discount to West Texas Intermediate shrank to the least since 2012 as a new pipeline started and production sites were shut for maintenance.
News
April 13, 2015
The Volant Group of Companies has announced the DeltaTORQ Ring (DTR), which was developed to provide additional torsion capacity in casing and tubing connections for the upstream market.
News
March 13, 2015
Tourmaline Oil has entered into a transaction to acquire Perpetual Energy's interests in the West Edson area of the Alberta Deep basin. The interests include Perpetual's land interests, production, reserves and facilities that are currently joint with Tourmaline.
News
March 13, 2015
Nexen Petroleum, a subsidiary of CNOOC, has announced that Buzzard field has passed a significant landmark by producing its 500 millionth barrel of oil.
News
March 12, 2015
CALGARY, Canada -- Husky Energy has started oil production at the Sunrise Energy Project in northern Alberta.
News
March 06, 2015
Enbridge has revealed plans to optimize a previously announced expansion of its Regional Oil Sands System.
News
February 20, 2015
Shale producers in Alberta’s Duvernay region are being asked to monitor and prevent earthquakes after regulators linked a series of seismic events over the last two months to hydraulic fracturing.
News
February 19, 2015
Talisman Energy has announced that the holders of its common shares and preferred shares have approved the proposed arrangement under which Repsol, through a wholly owned subsidiary, is to acquire all of the outstanding shares of Talisman.
News
February 02, 2015
PCM S.A., a company dedicated to Progressing Cavity Pump (PCP) technology and provider of comprehensive pumping solutions for the oil & gas has acquired 75% of the shares in AMIK Oilfield Equipment & Rentals based in Canada.
News
January 28, 2015
Cenovus Energy is further reducing its 2015 capital spending in order to preserve cash and maintain the strength of its balance sheet.
News
January 12, 2015
EDMONTON, Canada -- C-FER Technologies is leasing a new $14 million research and testing facility to further enhance Alberta’s leadership in advancing technologies that increase safety and improve efficiency in support of responsible resource development.
News
January 10, 2015
CALGARY, Alberta – Royal Dutch Shell is to cut up to 300 jobs at its Albian Sands mining project in northern Alberta, the company has confirmed.
