05 November

Vancouver’s incoming mayor says a revamped National Energy Board review of the Trans Mountain pipeline expansion is likely doomed to fail and will land the federal government back in a courtroom. The energy board is reviewing the project’s impacts on the marine environment and Kennedy Stewart says it’s too rushed, including a week-long window for […]

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05 November

Image: Business in Vancouver Prime Minister Justin Trudeau was in Vancouver Thursday November 1 speaking about Canadian free trade deals. Canada will soon have preferential access to two-thirds of the global economy, thanks to three new or renewed free trade agreements, Prime Minister Justin Trudeau told a sold-out event at the Greater Vancouver Board of […]

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05 November

Andrea Korney, senior manager, supplier diversity and stakeholder relations with TransCanada, confers with an attendee during the speed networking portion of the Saskatchewan Oil & Gas Supply Chain Forum on Oct. 4. Image: Brian Zinchuk/Pipeline News Regina – TransCanada looked at the way it does business and realized it wants to diversify its supplier base. […]

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05 November

Imperial Oil CEO Rich Kruger. Image: Imperial Oil CALGARY — Two new oilsands projects with the combined capacity to produce up to 200,000 bbls/d have been approved by the Alberta Energy Regulator but proponent Imperial Oil Ltd. isn’t saying when or if it will build them. Company experts are scouring the “guts and feathers” of […]

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05 November

Enbridge CEO Al Monaco. Image: Enbridge CALGARY — Enbridge Inc. is looking at options to help clear a glut of oil in Western Canada — including reversing a condensate import pipeline — but CEO Al Monaco counseled patience Thursday as all solutions will take time to put in place. The pipeline company reported adjusted earnings […]

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05 November

Image: Encana Encana Corp.’s founder and former Chief Executive Officer Gwyn Morgan said he’s disappointed by the driller’s $5.5 billion purchase of Newfield Exploration Co., which moves focus to the U.S. and dashes his hopes that the company would represent Canada on the world stage. Morgan, who named the oil and gas producer Encana to […]

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05 November

Every part of the oil and gas business has its strengths and weaknesses. For Canadian oil sands producers, they benefit from oil sands being a long-life oil source that doesn’t need a lot of money to maintain production for decades. The downside is that Canadian crude oil is dirt cheap, so margins aren’t as attractive. […]

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05 November

Summary Q3 earnings show the company didn’t generate profits despite its low-cost structure. Management announced a three year plan to increase the part of NGL. If the company executes according to the three year guidance, the valuation is low. A bonus section that provides an investment idea in the oil and gas industry. With the […]

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05 November

Maxwell Drummond’s board of directors (left to right): Phil Smith, Craig Finnie, Andrew MacDonald and Andrew Burton. Picture: Contributed An Aberdeen-based recruitment group is targeting ambitious growth after relaunching as part of a deal that brings together three headhunters whose focuses include the oil and gas sector. Maxwell Drummond Group, which combines Maxwell Drummond and […]

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05 November

The pressure sensors segment is expected to grow at the highest CAGR in the global Oil & Gas Sensors Market during the forecast period The Oil & Gas Sensors Market has been segmented on the basis of sensors type into pressure sensors, flow sensors, level sensors, temperature sensors, and others. Among these types, pressure sensors […]

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