With decent oil prices, why aren’t many drilling rigs working? The CAOEC responds
Even though the past year has seen relatively decent oil prices, as high as US$94 per barrel a few weeks ago, Saskatchewan has not seen a related increase in drilling activity.
Indeed, the pronounced lack of a pickup in activity in Saskatchewan was directly cited as a reason why the Day Group of Companies decided to move their Cara Dawn (2019) heavy haul trucking business to North Dakota, to operate under a new name.
Exxon Mobil is drilling for lithium in Arkansas and expects to begin production by 2027
Exxon Mobil on Monday announced it’s drilling for lithium in southern Arkansas, with the oil giant expected to begin production of the critical material for electric vehicles by 2027.
First-of-a-kind nuclear project is terminated in a blow to Biden’s clean energy agenda
A project to build a first-of-a-kind small modular nuclear reactor power plant was terminated Wednesday, another blow to the Biden administration’s clean energy agenda following cancellations last week of two major offshore wind projects.
Federated Co-op Ltd. and AGT Foods hold open house for hydrogenated renewable diesel refinery and canola crush plant
REGINA - On Nov. 7, Federated Co-op and AGT Foods held an open house regarding two upcoming major projects – a hydrogenated renewable diesel (HRD) refinery and a canola crush facility, both of which will be built adjacent to the Co-op Refinery Complex on the north end...
TC Energy to focus on smaller projects now that Coastal GasLink complete
With its Coastal GasLink pipeline project completed, TC Energy Corp. said its goal for the next few years will be to live within its means and control its capital expenditures.
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