The possible transfer of hundreds of sour gas wells, pipelines and other facilities from an energy giant to a much smaller company has raised concerns about Alberta’s efforts to ensure taxpayers don’t get stuck with the cleanup bill. READ MORE: Alberta…
Tag: Alberta Oil
Jason Kenney vows to fight for Alberta oil as drillers forecast almost no growth in 2020
November 13 2019 11:01pm 2019 was an extremely difficult year for oil drilling and it appears 2020 won’t be much better. As Chris Chacon explains, drilling rates are anticipated to remain flat and even more rigs are expected to leave…
Drilling association forecasts almost no growth in 2020 oilpatch activity
By Staff The Canadian Press Posted November 13, 2019 12:11 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ The association that represents Canadian drilling companies is forecasting a minuscule improvement in drilling activity…
Imperial ‘scurrying’ to ramp up crude-by-rail but uninterested in rail contracts
Imperial Oil Ltd. is “scurrying” to quickly ramp up crude-by-rail shipments from its Edmonton terminal to take advantage of improved profitability caused by the Keystone pipeline spill in North Dakota, CEO Rich Kruger said Tuesday. But the company has little…
Hearings uncertain in public inquiry into alleged foreign influence on Alberta’s oil industry
A public inquiry into allegations that foreign-funded actors are conspiring to besmirch the reputation of Alberta’s oil and gas has spent more than $900,000 in its first four months, government records show. Steve Allan, a forensic and restructuring accountant, listens…
Alberta government loosens curtailment rules for new oil wells
November 8 2019 2:12pm Effective immediately, the Alberta government is loosening curtailment rules for new oil wells – for conventional oil wells in Alberta, including fracked wells. Tom Vernon explains. ‘ }); } else { var rel_id = svp.releaseInfo.contentId+””; if(…
Enbridge topping up Mainline oil capacity as shipments drive Q3 results record
Oil export options for western Canadian producers continue to expand in small increments as delays persist for major proposed pipeline projects. On Friday, Calgary-based Enbridge Inc. said an optimization program on its Mainline system — which accounts for about 70…
Alberta government to allow new conventional oil well drilling
Just in time for the winter drilling season, the Alberta government is hoping to boost production by allowing new wells to be drilled. Effective Friday, the province said all producers can drill new conventional oil wells without being restricted by…
Keystone pipeline to remain closed until corrective action taken after North Dakota oil leak
Federal regulators in the United States have ordered the Keystone pipeline to remain shut down until its Calgary-based owner takes corrective action aimed at determining the cause of a breach that leaked an estimated 1.4 million litres (383,000 gallons) of…
Sturgeon Refinery facing more delays after tests, won’t process bitumen until early 2020
By Staff The Canadian Press Posted November 5, 2019 4:49 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ A new refinery northeast of Edmonton is facing more delays and won’t begin processing oilsands…