New Technology & Innovation

Acceleware successfully field tests low-carbon, low-cost oil sands production technology

Acceleware successfully field tests low-carbon, low-cost oil sands production technology

Acceleware had all objectives successfully achieved during the three-day test run Calgary-based Acceleware Ltd. says it has successfully tested a new radio frequency technology that reduces emissions and costs for oil sands production, potentially eliminating steam-assisted gravity drainage (SAGD) techniques. RF XL is a “revolutionary” low-cost, low-carbon radio frequency (RF) enhanced oil recovery for both situ oil sands and […]

Edmonton-based Capital Power wind project innovative financing honoured with award

Edmonton-based Capital Power wind project innovative financing honoured with award

178 megawatt Bloom Wind project, located in Kansas is sited in one of strongest US wind regions Capital Power’s Bloom Wind project was recognized by infrastructure journal and project finance magazine, IJGlobal, as the North American Wind Deal of the Year, according to a press release. The annual IJGlobal Awards, which recognize and celebrate the best […]

Stanford unveils new software to reduce risk of induced seismicity

Stanford unveils new software to reduce risk of induced seismicity

Despite all recent alarmist headlines, risk of induced seismicity is small, rare and manageable By Seth Whitehead, EnergyInDepth Just a day after the United States Geological Survey (USGS) released a report that finds a 50 percent reduction in the number of U.S. citizens who live in areas with the potential for induced seismicity since 2016, a […]

Markham on Energy

Will Tesla Model 3 electric vehicle ‘disrupt’ auto markets? Not a chance

Will Tesla Model 3 electric vehicle ‘disrupt’ auto markets? Not a chance

The big launch of the Tesla Model 3 is on schedule for later in 2017 and pundits are already speculating that the $35,000 US electric vehicle will be a major disruption to the market for internal combustion engine (ICE) cars. That’s not impossible, but it is very very unlikely. Technical disruptions that significantly accelerate the […]

Trudeau govt change to Canadian Exploration Expense is bad news for oil patch

Trudeau govt change to Canadian Exploration Expense is bad news for oil patch

Alberta Premier Rachel Notley should spend political capital with PM Justin Trudeau to reverse Canadian Exploration Expense change Big Oil is everyone’s favourite punching bag, but when they’re right, they’re right. And this time they’re right about changes in the federal budget to the Canadian Exploration Expense that will make it more difficult Alberta for exploration and production […]

Wildrose climate denial could hurt Alberta oil sands, pipeline projects

Wildrose climate denial could hurt Alberta oil sands, pipeline projects

Memo to Drew Barnes: Other provinces, US States, are listening…and Alberta needs their support So, Wildrose energy critic Drew Barnes helped fund a climate change-denying film. I’m not surprised because Barnes reflects the attitude of many Albertans. What does alarm me, though, is how Barnes and Alberta conservatives seem to think their support for climate change […]

Energy Politics

Trump to reverse Obama’s ban on new federal coal leases, but industry awash in coal

Trump to reverse Obama’s ban on new federal coal leases, but industry awash in coal

Many companies have enough coal leases to last well over a decade On Tuesday, the Trump administration will sign a decree to reverse former President Obama’s 2016 ban on new federal coal leases as part of the government’s move to reduce green regulations Trump says have hobbled drilling and mining industries. “When we evaluate energy, […]

By March 28, 2017 0 Comments Read More →
Don’t forget California oilfield workers

Don’t forget California oilfield workers

Industry continues providing accessible American dream for those who might otherwise not had it Contributed by California Independent Petroleum Association CIPA recently produced a short but powerful video highlighting the contributions that oil and gas workers make to the state. The video shows how California’s energy industry creates employment opportunities for men and women of all backgrounds, […]

Boulder County approves new oil/gas regulations, wades further into legal quagmire

Boulder County approves new oil/gas regulations, wades further into legal quagmire

Colorado Supreme Court ruling last year found local bans on development “invalid and unenforceable” By by Aileen Yeung , EnergyInDepth After being sued by the Colorado attorney general just last month over the county’s extended moratorium on oil and natural gas development, the Boulder Board of County Commissioners (BOCC) voted yesterday to adopt new oil and natural […]

Energy News

Russian LNG production in Arctic to be over 70 million tonnes/year

Russian LNG production in Arctic to be over 70 million tonnes/year

Russian LNG exports mostly to Asia Russian LNG production from its remote Arctic regions may reach over 70 million tonnes, according to the head of gas producer Novatek. Reuters reports Leonid Mikhelson, head and co-owner of Novatek told a conference “The Gydan and Yamal peninsulas have a vast resource base that allows the production of over […]

By March 29, 2017 0 Comments Read More →
OPEC supply cut compliance rises in March as UAE joins pact

OPEC supply cut compliance rises in March as UAE joins pact

OPEC supply cut compliance expected to reach 95 per cent Analysts anticipate OPEC members’ compliance with the cartel’s output reduction agreement to reach 95 per cent in March as the United Arab Emirates cut output this month and production disruptions in Nigeria and Libya, countries exempted from the OPEC supply cut pact. A Reuters survey showed the […]

By March 29, 2017 0 Comments Read More →
US crude stocks build as products draw down: EIA

US crude stocks build as products draw down: EIA

US crude stocks up by 867,000 barrels US crude stocks rose less than anticipated last week while gasoline and distillate inventories fell, according to the weekly report issued by the Energy Information Administration. The EIA reported crude inventories rose 867,000 barrels in the week ending March 24, lower than analysts’ expectations of 1.4 million barrels. […]

By March 29, 2017 0 Comments Read More →

Texas Life

Shell, Anadarko may let Permian JV expire to speed up development

Shell, Anadarko may let Permian JV expire to speed up development

10-year long Permian joint venture unlikely to be renewed Royal Dutch Shell and Anadarko Petroleum are exploring the possibility of letting a 10-year joint venture in the Permian Basin expire. The move would allow both companies to split their properties in an effort to speed up development, according to a report by Reuters. A senior Shell executive […]

By March 27, 2017 0 Comments Read More →
$1.7 billion Total Texas investment in polyethylene, steam cracker JVs

$1.7 billion Total Texas investment in polyethylene, steam cracker JVs

Total Texas JV with Austria’s Borealis and Canada’s Nova Chemical On Monday, Total announced it will be entering a joint venture with two companies in a steam cracker unit and a new Borstar® polyethylene unit on the US Gulf Coast.  The Total Texas investments are valued at $1.7 billion. The French energy company is expected […]

By March 27, 2017 0 Comments Read More →
Texas drilling permits, completions statistics for February 2017

Texas drilling permits, completions statistics for February 2017

Rig count as of March 10 was 392, representing 51% of all active rigs in US The Railroad Commission of Texas issued a total of 991 original drilling permits in Feb. compared to 573 in Feb. 2016. The Feb. total included 847 permits to drill new oil or gas wells, 11 to re-enter plugged well bores […]

Energy Financial

Oil prices and optimism boosted, US crude inventories up less than expected

Oil prices and optimism boosted, US crude inventories up less than expected

Oil prices up 2 per cent Wednesday Oil prices rose in trading on Wednesday after reports showed US crude inventories rose less than expected, Libyan supply disruptions continued and the OPEC supply cut deal extension looked as if it would likely be extended. In the weekly report issued by the US Energy Information Administration on crude inventories, the […]

By March 29, 2017 0 Comments Read More →
Total Energy acquires majority of Savanna shares in hostile takeover bid

Total Energy acquires majority of Savanna shares in hostile takeover bid

Total Offer is scheduled to expire at 12:00 PM (Pacific time) on April 7, 2017 Total Energy Services Inc. says that on March 24, 2017 it acquired a majority of the outstanding common shares of Savanna Energy Services Corp., according to a company press release. The process for Total Energy to acquire additional common shares of […]

Oil prices up on Libyan disruption, OPEC deal extension hopes

Oil prices up on Libyan disruption, OPEC deal extension hopes

Oil prices up nearly 2 per cent Oil prices rose nearly 2 per cent on Tuesday after armed factions blocked production at two oilfields in Libya and some officials suggested the OPEC supply cut agreement would be extended to the end of the year. The two Libyan oil fields under attack are the western fields […]

By March 28, 2017 0 Comments Read More →