Cameco’s Westinghouse announces 300 megawatt small modular reactor design
Cranberry Township, Pennsylvania - Westinghouse, which is now 49 per cent owned by Saskatchewan-based Cameco, announced its major entry into the small modular reactor (SMR) race. On May 4, Westinghouse announced its AP300 small modular reactor, which will have a 300...
North American Helium opens 6th processing facility, 2 months after its 4th and 5th; adds second rig
Saskatchewan’s leading helium producer, North American Helium Inc. (NAH), announced bringing online its sixth processing facility, and putting a second drilling rig to work to ramp up its exploration and development.
The announcement comes just a couple months after it brought its fourth and fifth processing facilities online. Combined, these are major developments for Saskatchewan’s helium industry, as North American is the first helium producer to bring new production online in years.
Ocean Man First Nation receives land claim mineral rights on 156 acres
Supporting ongoing economic reconciliation, 63 hectares (156 acres) of Crown mineral rights will be transferred to Ocean Man First Nation upon the surface attaining reserve status, the Government of Saskatchewan said in a press release on May 4.
Guilbeault calls Moe’s electricity grid statements “entirely baseless and untrue”
On May 2, Premier Scott Moe described the proposed Clean Electricity Standard as "impossible for Saskatchewan." As the proposal currently stands, Canada would not allow fossil fuels like natural gas or coal for power production beyond 2035 except in exceptional...
What’d ya mean, we’re not pipeline supporters!? Them’s be fightin’ words!
REGINA – Some people take their pipeline support pretty seriously. That includes the leader of the Saskatchewan New Democratic Party.
Leader of the Opposition Carla Beck called the words of Minister of Trade and Export Jeremy Harrison a “a dead lie,” when he questioned the Saskatchewan New Democratic Party’s support of pipelines.
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Brian Zinchuk on John Gormley Live: Moe’s line in the sand on power generation, Williston Basin Petroleum Conference, hiring
CJME/CKOM’s John Gormley and Pipeline Online’s Brian Zinchuk hash over Premier Scott Moe’s drawing a line in the sand, or maybe Saskatchewan dirt, on unrealistic, impossible and ideological power production expectations by the federal government by 2035. The Saskatchewan First Act is a key part of this.
Wind and Solar Fail: We are throwing away what we know works, for something we know does not
Part of the energy transition, playing out in Western Canada, is the elimination of baseload coal-fired power generation, and the implementation of highly intermittent solar and wind power generation. Pipeline Online editor and owner Brian Zinchuk, of Estevan, speaks about how wind and solar power generation frequently totally collapse, and can never be truly relied upon to power our 21st century economy.
Moe draws the line in the dirt: “We will not attempt the impossible when it comes to power production”
“I want to be very clear about this in Saskatchewan, we will not attempt the impossible when it comes to power production. We’re not going to risk plunging our homes, our schools, our hospitals, our businesses, that are operating and creating wealth in our communities into a cold and dark evening because of the ideological winds up another level of government.”
Net zero by 2035? Not going to happen in Saskatchewan, according to Moe. Natural gas, renewables, nuclear, and maybe even coal will be part of the mix
REGINA – After delivering his keynote speech to the Williston Basin Petroleum Conference in Regina on May 2, Premier Scott Moe had a lot to say to reporters about power generation and energy transition. There’s a lot to unpack here, but Moe makes some of the...
From the Alberta reeve where wind and solar are big: get it in writing
Jason Schneider, the Reeve of Vulcan County, Alberta, was invited to speak to ratepayers of the RM of Estevan about the realities of wind and solar development. Vulcan County is home of the largest solar facility in Canada, as well as numerous wind farms. Vulcan County got its first major “green” project 10 years ago. Now it is also home to the largest solar project in the country, as well as numerous wind facilities.
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Project progress under Impact Assessment Act remains slow: Report
The approvals process for major projects in Canada continues to be slow and cumbersome under revamped environmental assessment legislation, according to a new report.
Enbridge buys underground natural gas storage facility from Fortis for $400 million
Enbridge Inc. has signed a deal to buy a large underground natural gas storage facility in B.C. for $400 million.
Edge Capital sells junior producer to Lloydminster-based Integrity Oil & Gas
LLOYDMINSTER – Edge Capital Ltd. announced on April 30 the closing of the sale of the company, including its operating subsidiary, Edge LRM Operations Ltd. Edge is a junior oil and gas company with core properties in the Lloydminster area of Saskatchewan.
Where there’s a will, there’s a way
Oilfield service rigs are among the largest “non-divisible” loads on Saskatchewan roadways. So what do you do when its road ban season, and you simply have to get it there?
California approves rule phasing out big diesel trucks
SACRAMENTO, Calif. (AP) — New big rigs and buses that run on diesel would not be sold in California starting in 2036, according to new rules approved by state regulators Friday to wean the state off fossil fuels and combat climate change.
The rule would tackle pollution from heavy trucks used to transport goods through ports and require companies to disclose their use of these so-called drayage trucks by 2024.
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Op-Ed: Saskatchewan Coal Transition Centre: Coal’s ticking time bomb
It is important to recognize that the closure of coal mines can impact not only the mental health of miners but also the mental health of their families It is essential for communities, governments, and employers to provide resources and support for coal miners and their families during the transition away from coal mining. This can include retraining programs, job placement services, financial assistance, and mental health support. These resources can help ease the transition and promote good mental health and well-being.
TC Energy says ‘multiple’ asset sale negotiations underway in $5B divestment process
TC Energy also provided an update on construction of its Coastal GasLink project, saying work is continuing in line with its revised cost and schedule and is now about 87 per cent complete. The company said it continues to target mechanical completion by late this year.
Earlier this year, TC Energy raised the projected cost of the Coastal GasLink project to $14.5 billion, up from an earlier estimate of $11.2 billion.
Iran TV airs footage of commandos seizing US-bound tanker
DUBAI, United Arab Emirates (AP) — Masked Iranian navy commandos conducted a helicopter-borne raid to seize a U.S.-bound oil tanker in the Gulf of Oman, footage aired by Iran's state television showed Friday. The capture on Thursday of the Turkish-managed,...
Iran navy seizes tanker near Oman that was on way to Houston
Iran’s navy seized a Marshall Islands-flagged oil tanker in the Gulf of Oman on Thursday heading to the U.S. amid wider tensions over Tehran’s nuclear program, the latest-such capture in a waterway crucial for global energy supplies.
The U.S. Navy’s Mideast-based 5th Fleet identified the vessel as the Advantage Sweet. Satellite tracking data for the vessel from MarineTraffic.com showed it in the Gulf of Oman, just north of Oman’s capital, Muscat, on Thursday afternoon. It had just come from Kuwait and listed its destination as Houston.
TotalEnergies sells Canadian operations to Suncor in deal worth up to $6.1 billion
French company TotalEnergies says it has signed a deal to sell its Canadian operations to Suncor Energy Inc. in an agreement worth up to $6.1 billion.
Under the deal, Suncor will pay $5.5 billion in cash, plus up to an additional $600 million that is conditional on Western Canadian Select benchmark oil pricing and certain production targets.
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Precision Drilling reports $95.8M Q1 profit, revenue up nearly 60% from year ago
Precision Drilling Corp. reported a first-quarter profit compared with a loss a year ago as its revenue rose nearly 60 per cent, helped by stronger drilling activity and price increases in the U.S. and Canada.
Cenovus reports new CEO, Q1 profit down, lowers production guidance and raises dividend
CALGARY– Cenovus Energy Inc., Saskatchewan’s largest oil producer with significant operations in the Lloydminste rarea, delivered upstream production in the first quarter of 779,000 barrels of oil equivalent per day (BOE/d)1 and downstream throughput of 457,900 barrels per day (bbls/d). The company generated $1.4 billion in adjusted funds flow and cash used in operating activities was $286 million. First-quarter results reflect lower commodity prices, reduced production in the upstream business and lower operating throughput in the downstream compared with the fourth quarter. Consistent with Cenovus’s commitment to shareholders, the Board of Directors approved a 33% increase in the company’s base dividend, to $0.56 per share annually starting in the second quarter of 2023.
Trudeau speaks of supplying natural gas to Germany, despite his government killing Energie Saguenay. And he wants to build lots of nuclear, too
OTTAWA - Prime Minister Justin Trudeau wants Canada to produce some of the last barrels of oil to be used, but it should be processed into petrochemicals, not burned. That was part of his response to a student asking about shipping LNG to Canada. His answer...
Top 10 new wells in Saskatchewan in February
Six of these wells, including the No. 1 well, were drilled on the western side of the province. The fact that significant numbers of the top producers were on both the eastern and western sides of the province perhaps is a testament of the diversity of Saskatchewan’s oil resource base,
Peter Zeihan: Can green energy actually work?
Colorado-based Geopolitical strategist Peter Zeihan posts daily newsletters and videos on a variety of topic, from wars to geography to trade. And he talks a lot about energy. Zeihan often describes himself as a “greenie, but one that can count.” As such, he doesn’t get invited to greenie parties.