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Cenovus calls Trans Mountain’s desire for a blank cheque on cost overruns “commercially absurd”

  CALGARY – It’s well known that the Trans Mountain Expansion project is way, way over budget. Now that the project is getting closer to completion, someone’s going to have to pay for all of that. Trans Mountain, a Crown corporation since the federal...

DEEP receives positive report on viability of geothermal power project near Torquay

SASKATOON – Saskatchewan’s geothermal project got a significant boost, with a report from a major consulting firm that their project should fly. DEEP Earth Energy Production Corp. announced on Sept. 7 that SLB’s GeothermEx consulting service has completed a geoscience...

Texas electrical grid has its holy crap moment as reserves bottom out and frequency drops, resulting in “Energy Emergency Alert 2”

Once more Texans under electrical grid alert due to low wind and high temperatures, except this time things got dicey. Real dicey (Editor’s note: this story was updated several times Wednesday night as more information became available) Despite being one of the...

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...

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...
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