Author Archive: Jude Hislop

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‘The Trump Shadow: The New Urgency of Business Tax Reform in Canada’ – Conference Board of Canada

‘The Trump Shadow: The New Urgency of Business Tax Reform in Canada’ – Conference Board of Canada

Canada’s business investment has been weak for a number of years By Natasha Jamieson, Conference Board of Canada Amid the shadow of tax reform legislation in the United States and the need to boost business investment at home, Canada should look to reduce the tax burden on businesses of all sizes, according to a new […]

By November 14, 2017 0 Comments Read More →
Cenovus pays off $940 million debt with Weyburn enhanced oil recovery sale

Cenovus pays off $940 million debt with Weyburn enhanced oil recovery sale

Acquisition includes a 62.1% interest in Weyburn(14,600 boe/d) and 200 boe/d of production from other assets Cenovus Energy Inc. agreed to sell its majority interest in the Weyburn carbon-dioxide enhanced oil recovery operation in Saskatchewan for cash proceeds of $940 million to Whitecap Resources, according to a press release. “We’re pleased with the progress we’ve […]

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Wind leading the renewable energy charge -GWEC

Wind leading the renewable energy charge -GWEC

Wind Power leading the charge to drive out fossils With over 500 GW installed worldwide, wind power has become the leading source of new power generation in Europe and in many countries around the world, according to a press release from the Global Wind Energy Council (GWEC). In 2016 alone $112.5 billion were invested in […]

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Pengrowth transforms into thermal oil, Montney gas focused company

Pengrowth transforms into thermal oil, Montney gas focused company

Pengrowth expects total thermal oil production to exceed 50,000 bbl per day Pengrowth Energy Corporation announced its third quarter 2017 financial and operating results and the completion of its strategic objective of focusing its asset base to its two growth assets, Lindbergh and Groundbirch, according to a press release. Pengrowth’s long-term development plan is centered on […]

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Global energy system being transformed by renewables, electrification, says IEA annual report

Global energy system being transformed by renewables, electrification, says IEA annual report

U.S.projected to become world’s largest LNG exporter and net oil exporter by end of 2020’s The resurgence in oil and gas production from the United States, deep declines in the cost of renewables, and growing electrification are changing the face of the global energy system and upending traditional ways of meeting energy demand, according to […]

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Russia exports most of its crude oil production, mainly to Europe

Russia exports most of its crude oil production, mainly to Europe

 Russia also exported 1.3 million b/d of fuel oil, 990,000 b/d of diesel, and 120,000 b/d of gasoline in 2016 Russia exported more than 5.2 million b/d of crude oil and condensate and more than 2.4 million b/d of petroleum products in 2016, mostly to countries in Europe, according to the U.S. Energy Information Administration. […]

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Energy industry says Rick Perry’s proposal to subsidize coal, nuclear power costly, unsupported by evidence

Energy industry says Rick Perry’s proposal to subsidize coal, nuclear power costly, unsupported by evidence

Record does not support discriminatory payments proposed by DOE A diverse group of a dozen energy industry associations representing oil, natural gas, wind, solar, efficiency, and other energy technologies recently submitted reply comments to the Federal Energy Regulatory Commission (FERC) continuing their opposition to the Department of Energy’s (DOE) proposed rulemaking on grid resiliency pricing. Action by […]

By November 13, 2017 0 Comments Read More →
Supreme Court of Canada to hear AER appeal of Redwater abandoned wells decision

Supreme Court of Canada to hear AER appeal of Redwater abandoned wells decision

Since May 2016,  1,600 AER-licensed sites disclaimed by receivers with liabilities over $100 million The Supreme Court of Canada has confirmed it will hear the expedited appeal of the Alberta Energy Regulator (AER) and Orphan Well Association on the Redwater decision, according to an AER press release. “For the past two years, we have worked very hard […]

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Coal Workforce Transition Fund will support Alberta coal workers, says Bilous

Coal Workforce Transition Fund will support Alberta coal workers, says Bilous

Government will give coal workers third-party retraining programs that provide employment placement The Government of Alberta is creating a worker transition fund, focusing supports on the ground, and calling on the federal government do its part to support coal workers, according to an Alberta Government press release. The $40-million Coal Workforce Transition Fund will provide […]

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‘Women in Clean Energy’ initiative gets backing from governments, industry

‘Women in Clean Energy’ initiative gets backing from governments, industry

Initiative can help countries share best practices, develop or enhance national programmes of action The governments of Sweden, Italy, Canada, as well as the International Energy Agency (IEA), are seeking to promote greater participation for women in the clean energy field, an initiative that is receiving a wide backing from other governments and industry, according to […]

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