Greek shipper pleads guilty to smuggling Iranian crude oil and will pay $2.4 million fine
DUBAI, United Arab Emirates (AP) — A Greek shipper has pleaded guilty to a charge over it smuggling sanctioned Iranian crude oil and agreed to pay a $2.4 million fine, U.S. federal court papers seen Thursday by The Associated Press show.
Biden administration cancels remaining oil and gas leases in Alaska’s Arctic Refuge
JUNEAU, Alaska (AP) — In an aggressive move that angered Republicans, the Biden administration canceled the seven remaining oil and gas leases in Alaska’s Arctic National Wildlife Refuge on Wednesday, overturning sales held in the Trump administration’s waning days, and proposed stronger protections against development on 13 million acres in the National Petroleum Reserve-Alaska.
Texas electrical grid has its holy crap moment as reserves bottom out and frequency drops, resulting in “Energy Emergency Alert 2”
Texas went into “red alert,” with the grid in peril of going dark. It got pretty close.
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 covering a wide range of oil and power topics.
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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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 in 2015.
Energy Transition Podcast, Episode 79: Exxon predictions for Energy
Armando Cavanha, Tammy Nemeth, Irina Slav and David Blackmon dig into Exxon’s predictions for energy. As one of the largest oil companies on the planet for decades, maybe they know a thing or two?
Israel’s prime minister pitches fiber optic cable idea to link Asia and the Middle East to Europe
Even Israel and Cypress are getting into the LNG game, with their own proposed energy corridor.
You win some, you lose some. Helium Evolution reports drilling and abandonment of fifth farmout well
Helium Evolution’s continuing its farm-in strategy with Saskatchewan helium leader North American Helium (NAH), having just drilled their fifth well together. However, that well didn’t work out too well, so to speak.
Oil and gas sector says new data shows it can both hike output and lower emissions
By Amanda Stephenson in Calgary Canada's oil and gas sector is pointing to new government numbers that it says proves the industry can increase production and lower emissions at the same time. The analysis by industry group Canadian Association of Petroleum...
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Whitecap to buy CO2 from SaskPower until 2035, providing market for SaskPower’s BD3
What’s the future of coal-fired power generation in Saskatchewan? At least another 11 years.
That’s according to the announcement of carbon dioxide purchase agreement Whitecap Resources Inc. and SaskPower, announced by Whitecap on Aug. 31.
Patchwork Podcast: Dustin Newman from Original Oil
The New Lloydminster Nissan Patchwork Podcast this week features Kurt Price speaking to Dustin Newman from Original Oil. Dustin grew up on a farm near Hillmond, SK, and ended up as an engineer.
Rule allowing rail shipments of LNG will be put on hold to allow more study of safety concerns
A Trump-era rule allowing railroads to haul highly flammable liquefied natural gas will now be formally put on hold to allow more time to study the safety concerns related to transporting that fuel and other substances like hydrogen that must be kept at extremely low temperatures when they are shipped, regulators announced Thursday.
Feds fork over $30 million for 1,500 EV chargers in Quebec
QUEBEC CITY – In its unending quest to rid Canada of the gasoline-fueled automobile and replace it with the battery-driven one, Minister of Energy and Natural Resources dished out $30 million in Quebec for new electric vehicle chargers on Aug. 30.
Sometimes you just have to read the press release verbatim. Here it is:
Lower oil and potash prices and sales impact provincial revenues, but surplus still intact
Lower potash and oil prices have put a half-billion dent into Saskatchewan’s budget forecast, but the province is still forecasting a $485.5 million surplus at first quarter and intends on retiring up to $1 billion in operating debt remains on track.
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Another hot day in Texas, another electrical grid alert warning
Despite being home to some of the best energy resources on the planet, the Texas electrical grid once again issued a grid alert, also referred to as a “conservation appeal,” on Wednesday, Aug. 30. This was was the second day in a row for the Lone Star State, and the eighth over the last two weeks, according to the Houston Chronicle. According to the grid operator’s X account, similar grid alerts occurred on Aug. 17, 23, 24, 25, 26, 27, 29 and 30.
Saskatchewan Research Council: SRC helps move helium forward in Saskatchewan with liquefaction options
Critical minerals provide the materials needed for nearly every aspect of our day-to-day life and are becoming increasingly important for growing a prosperous future. Canada’s recently announced Critical Minerals List highlights 31 minerals and metals that are crucial for green energy, technology, transportation and healthcare. Saskatchewan’s own Critical Minerals Strategy focuses on the critical minerals found in the province including potash, uranium, rare earth elements and a has a strong focus on helium.
Dustin Duncan moved to Crown Investments in cabinet shuffle, Reiter and Eyre stay put
The mid-summer cabinet shuffle has become something of a tradition with the Saskatchewan Party government, and there were substantial changes in many of the key ministries, including Crown Investments Corporation; Health; Environment; Highways Corrections, Policing and Public Safety. But among the unchanged are two of the portfolios dealing with the “energy transition” and energy – Jim Reiter as minister of Energy and Resources, and Bronwyn Eyre as Minister of Justice and Attorney General.
Alberta and Texas continue to struggle keeping the lights on; Alberta issues second electrical grid alert in two days
Two of the most energy-rich jurisdictions on the planet, Alberta and Texas, struggled to keep the lights on Tuesday evening. The Alberta Electric System Operator (AESO) declared its second “grid alert” in two days on Tuesday evening, as did the Electric Reliability Council of Texas (ERCOT). ERCOT issued its previous alert on Sunday.
With brownouts a possibility, Texas issues another grid alert on Tuesday, its second in three days
Both Texas and Alberta have been leaders in their respective nations in the implementation of large amounts of wind and solar power generation and the abandonment of coal-fired power generation for the sake of the “energy transition” and reduction of greenhouse gas emissions. And both, in recent days, have been issuing grid alerts when the temperatures are hot, wind power falters, and the sun starts to go down.
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Suncor’s revised focus on oil production proof of need for emissions cap: Guilbeault
OTTAWA - Environment Minister Steven Guilbeault says he is more convinced than ever of the need to regulate emissions in the oil and gas industry, following a prominent CEO's comments about refocusing his company on oil production. Suncor CEO Rich Kruger told...
Don’t use that dishwasher! Alberta under another “grid alert” as wind bottoms out, again, on Monday
Like Texas the day before, at 3:08 p.m., the Alberta Electric System Operator (AESO) issued a “grid alert,” warning Albertans to reduce their power consumption lest the lights go out.
Energy Transition Podcast, Episode 78: BRICS adds six new members
On Aug. 28, Armando Cavanha, Tammy Nemeth, Irina Slav and David Blackmon discussed the implications of the expansion of BRICS for world energy issues. With the expanded membership, they will account for 46 per cent of world population and 43 per cent of oil production. Could this new group challenge the global dominance of the G7, of which Canada is a part? David Blackmon thinks this is one of the most significant geopolitical developments of this century.
Quick Dick McDick: UREA-lly Piss Me Off
Quick Dick McDick tears into the logic behind the wholesale adoption of DEF-related exhaust emissions controls on diesel engines. If you operate a diesel truck, combine, tractor, service rig, you should watch this, because you can relate.
Canadian banks face squeeze between climate expectations, market pressures
In May, Canadian banks offered support to those affected by an early wave of wildfires in Alberta. In June, they extended the offer to those hit in Nova Scotia, and some expanded it further as fires also raged in Quebec and Ontario.