Archive for October, 2017
Husky Oil applies for a $400 million, 10,000 barrels a day oil sands project
Suncor recently applied for a 40,000 oil sands project The Alberta Energy Regulator (AER) received an Oil Sands Conservation Act application and Environmental Protection and Enhancement Act application from Husky Oil Operations Limited, according to a press release. Husky Oil Operations Limited applied to construct, operate, and reclaim the McMullen Willow Creek Project just south of […]
Methane plan can cut emissions by 45%, protect 7,000 jobs: CAPP
Made-in-Alberta solution would cost oil, natural gas industry $700-million over 8 years The Government of Alberta committed to reduce methane emissions by 45 per cent. Industry created competitive plan to achieve this in the most efficient way while protecting 7,000 jobs and balance environmental and economic priorities, according to an analysis conducted by the Canadian […]
City of Calgary taking advantage of Alberta municipal solar program
Since program launched in June – 104 residences, businesses and non-profits had systems pre-approved The City of Calgary is saving money and reducing greenhouse gas emissions with support from the Alberta Municipal Solar Program, according to an Alberta government press release. The program has helped Calgary add more than 2.3 megawatts of energy capacity to six […]
Cenovus appoints former TransCanada COO as new President & CEO
Experience spans corporate strategy, mergers, acquisitions and divestitures, trading and marketing, and stakeholder relations Cenovus Energy Inc. announced the appointment of Alex Pourbaix as President & Chief Executive Officer and member of the Board of Directors, according to a press release. Pourbaix will start the role on Nov. 6. He replaces Brian Ferguson, who earlier […]
Higher-grade nickel miners big winners in race to power EVs
Ferronickel and nickel pig iron unsuitable for battery production Nickel miners the world over are hoping to cash in on the race to power electric vehicles, but according to a Reuters report, about only half of the producers will likely benefit. High-grade nickel miners will be the big winners as EV manufacturers from Tesla to […]
Oil prices up slightly on OPEC deal, but US output concerns traders
US shale output could keep a lid on oil prices Building on last week’s gains, oil prices rose slightly in trading on Tuesday on confidence that the OPEC supply cut deal would be extended beyond its current deadline. As of 1:27 p.m. EDT, Brent crude was up by 16 cents to $60.75/barrel and US WTI […]
Texas and Saskatchewan have only carbon capture and sequestration plants in world
Kemper cost overruns led to construction costs in excess of $7.5 billion The Petra Nova facility, a coal-fired power plant located near Houston, Texas, is one of only two operating power plants with carbon capture and storage (CCS) in the world, and it is the only such facility in the United States, according to the U.S. […]
Tiny chip-based methane spectrometer could help reduce natural gas leaks
Start field testing next year the spectrometers by placing them into a larger network The process of extracting natural gas from the earth or transporting it through pipelines can release methane into the atmosphere. Methane, the primary component of natural gas, is a greenhouse gas with a warming potential approximately 25 times larger than carbon dioxide, […]
Brent oil prices over $60, OPEC cut extension expected
Oil prices up slightly Brent oil prices ended the session on Monday at its highest point since July 2015 and US crude hit a level not seen since February on expectations that OPEC will extend its supply cut pact. Benchmark Brent settled at $60.90/barrel, up 46 cents. Over the past 16 trading days, Brent has […]
Iriving Oil pleads guilty to 34 offences in Lac Megantic train derailment disaster
Irving Oil failed to adequately train employees in transportation of dangerous goods Irving Oil Commercial GP was sentenced on Friday following guilty pleas in Saint John Provincial Court to 34 counts for offences under the Transportation of Dangerous Goods Act, according to a Federal Government press release. The Court ordered Irving Oil to pay a total […]
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