Oil & Gas
BC media mogul enters the Northern Gateway fray
David Black hopes to build a $13 billion refinery to export processed fuels rather than raw oilsands bitumen to Asia.
Alberta security tribunal begins ex Matrikon CEO hearing
Nizar Somji’s counsel argues no direct evidence of insider trading allegations.
NWT oil prospect raises economic hopes and environmental concerns
McKenzie Valley shale oil development is attracting much investment attention.
BP announces $2.27 billion selling spree
Oil giant sells California refinery and Texas gas processing plants to pay for well blowout in Gulf of Mexico.
Nexen acquisition will be heavily scrutinized: Harper
Prime minister says $15 billion deal will be analyzed to determine net benefit to Canada.
Nova Scotia judge reserves decision to quash drilling permit
Environmental group says drill site is too close to Cape Breton lake, drinking water wells.
Manitoba is fifth globally for petro-investment: Fraser Institute
Global oil execs pick Oklahoma as best place to spend their money.
Manufacturing sales down in April: Statistics Canada
Third drop in four months driven by aerospace and parts
Canada lags on 2020 climate target: NRT
Planned emission reductions will only take us halfway
Newalta donates $1.125M to Western for clean tech R&D
A $1.125-million donation by Newalta will support R&D efforts at Western university to discover clean technologies that use waste generated by industrial sectors such as oil and gas, refining, pulp and paper, mining and manufacturing.
Evraz locks out Alberta plant workers
Camrose plant makes tubular good for oil and gas applications.
Check liquid levels
Monitor gases remotely
Checks for six gases.
Imperial Oil sanctions $2B Cold Lake expansion
Imperial Oil Limited has approved a $2 billion expansion of the company’s Cold Lake operation in northeastern Alberta.
Hyperion spending $43 million on capital projects
Oil and gas development company looks to boost output of light oil and natural gas.
China awaits PM’s visit to ratify “win-win” energy deal
As China undergoes “rapid industrialization”, its huge energy demand has Canada’s attention.
Husky looks west for unconventional energy growth
Husky Energy’s Western Canadian operations are shifting from conventional production to so-called resource plays that take high-level technological expertise to exploit.
Ethanol use cuts GHG emissions: CBOC
The Canadian ethanol industry produces two billion litres a year, while driving $900 million in government revenues
Salaries leaping in 2012: Conference Board
Rising demand for people with skilled trades and other workers in Western Canada’s booming oil and gas sector will push the national average wage up by more than 3% next year.
ProSep wins $1.2M mixer contract
ProSep Inc. has been awarded a US$1.2-million contact to supply an unnamed Latin American oil company with mixers.
Hyduke Energy drills $16.3M US contract
Hyduke to provide drilling rig for U.S. contractor
NEB launches safety and environment action plan
The NEB is launching a plan to make working in the oil and natural gas sector safer, and to hold companies more accountable for how they manage their operations, particularly when it comes to protecting the environment.
Oil and gas execs primed for investment
Positive business conditions in Canada are giving oil and gas companies the confidence to invest this year, although rising inflationary pressures could crimp their plans, says a Ernst & Young report.
$1.24B carbon capture project gets green light
The Saskatchewan government has given a green light to a $1.24 billion carbon capture and storage project that it says will be among the first commercial-scale facilities in the world.
Parsing Canada’s research tax credit boondoggle
This year, it’s estimated federal and provincial governments will spend some $4.7 billion on research tax credits to more than 20,000 companies, but not all of them ae doing legitimate research.
Five-year forecast: Oil and gas looking good
The Canadian oil and gas industry looks very positive over the next five years, but a CAPP report warns there’s always the potential for economic trauma.
EDC invests $7M in Nigerian equity fund
Export Development Canada is investing $7 million in a Nigerian fund that will develop business opportunities between Canadian and Nigerian companies.
ProSep wins $5.5M gas treatment contract
ProSep has won a $5.5 million contract to provide a gas dehydration system to an unnamed international oil and gas producer operating in the South China Sea.
New plant to make large diameter pipe
An Alberta wholesale distributor of oil and gas drilling fluids, steel pipe and piping products, is teaming up with a Chinese specialty steel manufacturer to produce large-diameter seamless steel pipe in Edmonton.
Rotacan gets $455,000 FedNor investment
Rotacan, a mining equipment manufacturer in North Bay, Ont., is getting some federal government help to expand its product line.