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Royal Helium completes Climax-4 well, intends future multi-leg well, multi-branch horizontal wells

SASKATOON –Royal Helium Ltd. announced on Feb. 16 that the hydraulic fracture program at the Climax-4 vertical well was successful in opening the Nazare formation and tested 0.57 per cent helium over the 100-meter interval. The helium grade is consistent with initial...

NEWS: Canada has existing options if Line 5 shuts down, environmental report argues

WASHINGTON — A new report by a Canadian environmental group says alternatives to Line 5 already exist if the controversial cross-border pipeline gets shut down. The report, commissioned by Environmental Defence, recommends upgrading Enbridge Inc.’s new Line 78...

Coastal GasLink pipeline to go ‘significantly’ over budget, says TC Energy

  CALGARY — The company behind the Coastal GasLink pipeline continues to expect to go “significantly” over budget for the project and will also deliver a delayed completion date. However, TC Energy Corp. said Tuesday it still expects the pipeline to...

NEWS: TC Energy reports $1.1-billion Q4 profit, raises quarterly dividend to 90 cents

CALGARY — TC Energy Corp. raised its dividend as it reported a fourth-quarter profit of $1.1 billion. The pipeline company says it will now pay a quarterly dividend of 90 cents per share, up from 87 cents per share. The increased payment to shareholders came as TC...

Brian Crossman: What changed? Protests, truck convoys about freedom and now the Emergencies Act?

Normally when I write these opinion pieces, I tend to focus on the energy industry issues and maintain a positive outlook on what we do and why we do it. Obviously, the current main topic of everyone’s conversations of late is the Freedom Convoy 2022 currently...
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