Tag: Saskatchewan
Low costs, less red tape boosts Saskatchewan thermal oil production
Black Pearl says Saskatchewan thermal oil low production costs rival those of Permian Basin in West Texas Saskatchewan thermal oil – thick, heavy crude that is steamed to make it flow in a well – near the border-straddling city of Lloydminster competes with the famed Permian basin fields for low costs, output doesn’t decline quickly […]
Saskatchewan releases climate plan without carbon tax, critics say won’t meet federal standards
Oil and gas, electricity sectors exempted from carbon pricing The Saskatchewan Government released a Climate Plan called Prairie Resilience: A Made-in-Saskatchewan Climate Change Strategy, which it says focuses on the principles of readiness and resilience, while reducing greenhouse gas (GHG) emissions and adapting to the effects of climate change – without a carbon tax. “This plan […]
Resource extraction responsible for high energy-intensity of Alberta, Saskatchewan economies
Burning natural gas in petroleum, mining industries causes higher greenhouse gas emissions New provincial and territorial energy profiles from the National Energy Board show that half of Canada’s energy is consumed by industry. Alberta and Saskatchewan have the highest energy intensity and highest consumption per capita, primarily due to energy intensive resource extraction. The effect […]
Alberta economy red hot in 2017 with 6.7% growth, BC and Saskatchewan still strong
2017 could see highest GDP in Alberta since 1988 Alberta’s economy is set to lead the country this year, with robust economic growth of 6.7 per cent. Next year, however, the province will take a back seat to British Columbia, who will emerge once again as the provincial growth leader, according to The Conference Board of […]
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 […]
Solution for oil sands tailings ponds? Miracle fungus discovered by Saskatchewan researchers
Fungus has potential to clean up Alberta’s oil sands mining tailings ponds – Prof. Kaminskyj A natural strain of fungus discovered in Saskatoon by University of Saskatchewan (U of S) researchers could have the power to return life to Alberta’s oilsands, according to a press release. “The current methods of restoring these sites are not […]
Alberta, Western Provinces to lead Canadian economic growth in 2017
Alberta expected to outperform all provinces and grow 3.3% Alberta and Saskatchewan are expected to emerge out of recession and lead the provinces in economic growth this year, according to The Conference Board of Canada’s Provincial Outlook: Spring 2017. British Columbia is forecast to see growth ease this year, but the province will still tie with […]
Saskatchewan heavy oil production relatively stable despite lower prices
Husky Energy, Blackpearl Resources report operating costs as low as 8-$9USD/b Despite lower oil prices and reduced drilling activity in western Canada since 2014, production of conventional heavy oil in Saskatchewan remained relatively stable, according to an NEB press release. Over this period, the benchmark West Texas Intermediate (WTI) oil price dropped 53 per cent and drilling activity […]
Poaching Calgary oil head offices makes Brad Wall look sleazy
Donald Trump’s shenanigans in the White House have made voters sensitive about politicians using their office to enrich themselves Brad Wall has been around politics long enough to know that perception is just as important as the letter of the law (or the guideline, in this case). Trying to induce Calgary-based oil companies – especially […]
Wall, Notley, Alberta conservatives make for a helluva political threesome
Notley uses Wall as a proxy for Alberta conservatives, Wall uses Notley as a proxy for Saskatchewan NDP Shall we call it “Alberta Ménage à Trois”? The parties to this political love triangle are Saskatchewan Premier Brad Wall, the Alberta conservative parties (Wildrose, PCAA), and Premier Rachel Notley – and the sniping and bickering between them is worthy […]
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