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Brian Zinchuk on John Gormley live: Oil prices are high, but drilling isn’t, and dramatically more nuclear power under consideration

Pipeline Online editor and owner Brian Zinchuk talks to John Gormley on CJME/CKOM regarding oil prices are at the best level since November sedate drilling activity despite higher prices oil price impact on Saskatchewan’s finances electrical grid alerts on Texas...

Enbridge to purchase three U.S. utilities for $14 billion in cash and debt

By Amanda Stephenson in Calgary CALGARY — Enbridge Inc. has signed a US$14 billion cash-and-debt deal that represents a major vote of confidence by the Canadian company in the future of natural gas. The Calgary-based energy infrastructure giant said Tuesday it will...

Despite the best oil prices since November, only 33 drilling rigs are working in Saskatchewan

With oil prices the highest they’ve been since November, 2022, drilling activity in Saskatchewan is not exactly flourishing. According to RiggerTalk.com, which publishes data from the Canadian Association of Energy Contractors, there were 33 rigs working in...

Saudi Arabia, Russia plan to extend 1.3 million barrel a day oil cut through the end of the year

DUBAI, United Arab Emirates (AP) — Saudi Arabia and Russia agreed Tuesday to extend their voluntary oil production cuts through the end of this year, trimming 1.3 million barrels of crude out of the global market and boosting energy prices. The dual announcements from...

California regulators approve more gas storage capacity at the site of the worst US methane leak

LOS ANGELES (AP) — California regulators on Thursday approved a controversial proposal to greatly increase storage capacity at the site of the nation’s largest known methane leak, which sickened thousands of families and forced them from their Los Angeles homes...
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