China touts its Belt and Road infrastructure lending as an alternative for international development
BEIJING (AP) — China is touting its 10-year-old Belt and Road Initiative as an alternative model for economic development, releasing a government report that praises the program while glossing over criticism that it has saddled poor countries with too much debt.
Damage to gas pipeline, telecom cable connecting Finland and Estonia caused by ‘external activity’
HELSINKI (AP) — Damage to an undersea gas pipeline and telecommunications cable connecting Finland and Estonia appears to have been caused by “external activity,” Finnish officials said Tuesday, adding that authorities were investigating.
Major Navigator CO2 pipeline project is on hold while the company reevaluates the route in 5 states
OMAHA, Neb. (AP) — Navigator CO2 Ventures announced Tuesday that it is putting on hold one of the two biggest proposed carbon dioxide pipeline projects in the Midwest so it can reassess the project.
West central Saskatchewan brings in over half of Crown land sale dollars
The Kindersley area accounted for over half the money raised, as it generated the most cashflow. West central Saskatchewan accounted for $5,811,151 for 20 leases and two exploration licenses totalling 7,592 hectares.
Enbridge CEO full speech: Canada should answer the call for LNG
Canada is not a military superpower nor an economic superpower. We are an energy superpower and using that power for good when asked by our allies is more than a fair price to maintain our G7 status and reputation. In my experience, if you constantly decline invitations from your friends you soon receive no more invites. – Greg Ebel, Enbridge CEO
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Energy Transition Podcast Ep. 84: Coal is back. “In fact, it was never gone.”
This week’s Energy Transition Podcast has Armando Cavanha, David Blackmon , Tammy Nemeth and Irina Slav talking about how coal is still a mainstay of out energy mix, despite all efforts to the contrary.
A Baltic Sea gas pipeline between Finland and Estonia is shut down over a suspected leak
By Jari Tanner in Helsinki HELSINKI (AP) — Finland and Estonia said Sunday that the undersea Balticconnector gas pipeline running between the two countries across the Baltic Sea was temporarily taken out of service due to a suspected leak. Gasgrid Finland and Elering,...
A farmer, a pump shop manager and a superintendent walk into a liquor store … and buy it. No joke
Have you heard the buzz? Three oilmen from Estevan thought they’d try something a little different. And now they own a liquor store on Estevan’s main drag.
Cary Wock, Jeremy Mack and Jared Schlamp are the owners of the new Local Buzz Liquor Store, located adjacent to Eddie Websters on Estevan’s 4th Street.
Nemeth Report Podcast: Net-Zero Red Tape for SMEs in Canada
Dr. Tammy Nemeth talks to Catherine Swift, president of the Coalition of Concerned Manufacturers and Businesses in Canada. The discussion focuses on the Canadian Net-Zero energy transition, the challenges and opportunities confronting small and medium-sized businesses in Canada.
Enbridge CEO Greg Ebel: Delivering LNG to global markets can reduce global CO2 emissions, support energy security
This is a major global leadership opportunity for Canada.
In fact, it’s been staring us in the face for the past decade, with little to no progress, while the U.S. has seized on it.
The opportunity I’m referring to is the export of Canadian natural gas. If used to displace coal in Asia and Eastern Europe, this would have a tremendous impact on reducing global emissions—far greater than Canada achieving its own 2050 net zero commitment.
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Total closes $4B Surmont sale to ConocoPhillips, fully exiting Canadian oilsands
French company TotalEnergies says it has finalized its sale of its 50 per cent stake in the Surmont oilsands project to U.S. oil company ConocoPhillips in a deal worth up to $4.4 billion.
Canadian oil output to hit new heights within two years: Report
The coming startup of the Trans Mountain pipeline will help boost Canadian oil production to an all-time high within the next two years, according to a new report.
Letter to the Editor: More thoughts as to why activity levels are so low
I read your articles regularly and with interest as I have been involved in the Saskatchewan oilpatch for the last 27 years, finding oil and building and selling small private companies. I think all your points about industry activity levels and how the provincial government can help are correct and appropriate. We should encourage them as much as possible.
I would like to add a couple more thoughts as to why activity levels are so low.
Just 29 drilling rigs working in Saskatchewan on Oct. 3, and only 26 were drilling for oil
Does it look like the end of December? No. But several oil companies working in Saskatchewan have shut down their drilling programs until the end of the year, meaning three months of no drilling, before planned resumption of drilling in the new year. This, despite oil selling for US$89.33 per barrel of West Texas Intermediate.
Brian Zinchuk: Forget a northern energy corridor to Hudson Bay – just do it within Manitoba
There’s been talk of an energy corridor running from Port McMurray to Fort Nelson on Hudson Bay.
However, it all depends on Manitoba’s election on Tuesday, Oct. 3.
Everyone knows about Fort McMurray, but next to no one knows about Port Nelson, on the mouth of the Nelson River. Nor should they.
Here’s a better idea – build it all within Manitoba.
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If your company wants in on Saskatchewan’s coming nuclear power development, be in Regina on Wednesday
SIMSA has been tasked by the provincial government to develop a nuclear supply chain within Saskatchewan, especially since current estimates are up to $4-$5 billion per reactor, although they could be potentially less. SaskPower estimates peak workforce will be 1750 people during construction, per unit. Thus, there will be opportunities to be had, to the tune of several billion dollars, in what will likely be the priciest infrastructure project in this province to date.
Energy Transition Podcast, Episode 83: Macron going full Trudeau
This week’s Energy Transition Podcast has Armando Cavanha, David Blackmon , Tammy Nemeth and Irina Slav talking about how governments in Canada and France are blaming everyone but themselves and their own energy policies for inflation. Bonus points for the usage of the term “frogmarch.”
Montana is appealing a landmark climate change ruling that favored youth plaintiffs
The office of Montana’s Republican attorney general is appealing a landmark climate change ruling that said state agencies aren’t doing enough to protect 16 young plaintiffs from harm caused by global warming.
Quick Dick McDick: We Can’t Fix Our Government, But We CAN Fix Our Fence
It sounds like Quick Dick McDick is a little jealous of YouTube channel Laura Farms, probably because he’s not nearly at cute showing everyday farming things. But since he didn’t have time to whip up something slagging Trudeau, so here we are.
Coastal GasLink pipeline project 98 per cent complete
TC Energy Corp. says its Coastal GasLink pipeline project is 98 per cent complete.
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Clean electricity regs can be tweaked, but no special deal for Alberta: Guilbeault
There will be no special treatment for Alberta when it comes to Canada’s incoming regulations to make electricity cleaner, Environment Minister Steven Guilbeault said Friday.
Environmental groups increasingly using competition law to fight fossil fuel sector
Splashed across billboards and city buses, on newspaper spreads and Facebook feeds, the “Let’s Clear the Air” ad campaign by the Pathways Alliance group of oilsands companies is a multi-million-dollar public relations blitz by an industry keen to show it’s committed to helping fight climate change.
Brian Zinchuk: Some suggestions for the Saskatchewan government to stimulate activity in the province’s oilpatch
As I noted on Sept. 28, there’s a substantial amount of concern in the oilpatch about the lack of activity despite high oil prices. As one person told me, “When oil was $40 a couple years ago I was optimistic that a price recovery would lead to increased activity in our region. Now that we’re struggling to keep a double digit rig count in SE Sask with $94 oil ($127 CAD) it’s tough to stay optimistic.”
Sovereignty act may be used to fight 2035 net-zero electricity plan: Alberta premier
Alberta Premier Danielle Smith says she would use her province’s sovereignty act as a last resort to challenge any attempt by the federal government to impose a net-zero electricity grid by 2035.
Smith says achieving net-zero 12 years from now is not realistic, adding that it could lead to power blackouts because Alberta wouldn’t have a reliable source of baseload power such as natural gas.
Brian Zinchuk: With oil prices now at US$94 per barrel, why is industry activity akin to when it was half that?
In the last week I’ve spoke to some of the most knowledgeable people I know in the Saskatchewan oilpatch, business owners all, from Weyburn, Lloydminster and several from Estevan. There’s a rising chorus of dissatisfaction amongst them. Things should be booming in this province’s oilpatch, but they aren’t. And this disquiet could threaten the governing Saskatchewan Party with the potential loss of a key portion of its base.