G-7 leaders pledge work on climate change
Leaders from the Group of Seven major economies and five key developing nations pledged Monday to work together to curb climate change while ensuring energy security for their citizens. In a joint statement released by Germany, which chairs the G-7 this year, the leaders emphasized the need to accelerate a “clean and just energy transition” that would see an end to the burning of fossil fuels without causing a sharp rise in unemployment.
CO2 was supposed to extend the life of the Weyburn Unit by 25 years. That was 25 years ago, and it’s still going strong
On June 26, 1997, politicians and corporate executives gathered in Weyburn to announce a project that was supposed to extend the life of the prolific but declining Weyburn Unit by another 25 years. That was 25 years ago, and the Weyburn Unit is still going strong. Indeed, it is a critical component for future plans for carbon capture, utilization and storage for this province, with a major expansion in the works.
French energy giants: Reduce fuel and electricity use now
PARIS (AP) — Leaders of three French energy companies called on the French public Sunday to immediately reduce consumption of fuel, oil, electricity and gas amid shortages and soaring prices due to Russia’s supply cuts and the war in Ukraine.
“The effort must be immediate, collective and massive,” the leaders of the three companies, TotalEnergies, EDF and Engie said in a joint statement published in the French weekly Journal du Dimanche. “Every gesture counts,” the statement said.
Lawsuit alleges pay discrimination at Newfoundland and Labrador’s oil corporation
By Sarah Smellie in St. John's A former executive with Newfoundland and Labrador’s Crown-owned oil corporation is suing her former employer, alleging she was paid far less than her male counterparts. A lawsuit filed June 14 in provincial Supreme Court alleges Oil and...
Saskatchewan invests another $20 million into rare earth element processing facility, in part due to supply chain inflation
REGINA – Rare earth elements are critical to many modern technologies, and...
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‘Over the top hypocrisy’ of F1 oilsands protest helps Alberta’s case, Kenney argues
The “over-the-top hypocrisy” outspoken Formula One driver Sebastian Vettel displayed on his T-shirt and helmet last weekend in Montreal is just the sort of thing Premier Jason Kenney says he needs to disprove and discredit the critics of Alberta’s oilsands.
Kenney visibly relished the chance Thursday to denounce Vettel as a hypocrite after the German driver showed up at Circuit Gilles Villeneuve for the F1 Canadian Grand Prix in a T-shirt that described the oilsands as “Canada’s Climate Crime.”
Imperial Oil signs deal with E3 Lithium to advance pilot project
Imperial Oil Ltd. has signed a deal to help advance a lithium project in Alberta’s historic Leduc oilfield.
The agreement will see Imperial invest $6.35 million in E3 Lithium, a Calgary-based junior resource company that has developed a technology to extract the naturally occurring lithium (a light metal that is a key component in the batteries used in electric vehicles) from oilfield brines.
Woodpecker nest halts construction of TMX pipeline near Bridal Falls, B.C.
VANCOUVER — The discovery of a woodpecker's nest has halted construction of the Trans Mountain pipeline along a 400-metre stretch near Chilliwack, B.C. A statement from Trans Mountain Corp. says buffer zones around trees and vegetation have been...
New energy and resources minister Jim Reiter says “things change,” and “governments change” when it comes to cancelled pipeline projects
Pipeline Online spoke to the recently-minted new Minister of Energy and Resources, Jim Reiter, on June 22. Growing oil production, and building pipelines, are key things on his mind.
Sri Lanka PM says economy ‘has collapsed,’ unable to buy oil
By Krishan Francis in Colombo COLOMBO, Sri Lanka (AP) — Sri Lanka's debt-laden economy has “collapsed” after months of shortages of food, fuel and electricity, its prime minister told lawmakers Wednesday, in comments underscoring the country's dire situation as...
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PBO says Trans Mountain pipeline to result in net loss for government
OTTAWA — The Parliamentary Budget Officer says the federal government now stands to lose money from its investment in the Trans Mountain pipeline. The latest analysis shows the net present value of the pipeline is negative $600 million, leaving it...
Biden, Chevron chief trade sharp words over gas prices
In a pointed back and forth, the head of Chevron complained Tuesday that President Joe Biden has vilified energy firms at a time when gasoline prices are at near record levels and the president responded that the oil company CEO was being “mildly sensitive.”
The president in recent weeks has criticized oil producers and refiners for maximizing profits and making “more money than God,” rather than increasing production in response to higher prices as the economy recovers from the pandemic and feels the effects of Russia’s invasion of Ukraine.
Brian Crossman: Now hiring!
Hey everybody! It’s time to start jumping up and down like idiots! The patch is busy and everyone is hiring! Outstanding! Let’s go make the big money on “The Rigs!” (That’s how I remember hearing it nearly four decades ago) It is true; there is “big money” to be made in the energy industry. But guess what? If you are able-bodied, you can make good money in pretty much any industry. You may have to move to a different part of the province or the country, but there is high-paying work available. And if you have a pulse and the ability to string a few words together, you’ll get an interview. If you show up, hell, you’ll probably get the job. But maybe you should be proactive and prepare yourself just a little bit.
Brian Zinchuk: My daughter is going into mechanics. You go girl!
This past weekend was an emotional one for our family. Katrina crossed the stage, graduating Grade 12. And her future looks bright. She’s going to school, and she’s going to work. In the oilpatch. Katrina was a beneficiary of a forward-thinking government roughly six...
Jim Warren: Rough patch for rewewables
Just two years ago, executives from a leading renewable energy company boasted they were experiencing the “best renewable energy development environment in history.” But, as of the second quarter of 2022 the renewable energy boom they predicted looks more like a bust.
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How much for gas? Around the world, pain is felt at the pump
There’s a global oil price — around $110 a barrel — but no global pump price due to taxes and other factors. In Hong Kong and Norway, you can pay more than $10 per gallon. In Germany, it can be around $7.50 per gallon, and in France, about $8. While lower fuel taxes mean the U.S. average for a gallon of gas is somewhat cheaper at $5, it’s still the first time the price has been that high.
Quick Dick McDick: Little quicks – sow your seed
Some good, clean explanations about one of the most important processes in farming: seeding.
Germany to limit use of gas for electricity production
BERLIN (AP) — Germany’s economy minister said Sunday that the country will limit the use of natural gas for electricity production amid concerns about possible shortages caused by a cut in supplies from Russia.
Experts torn over when ‘demand destruction’ could trigger gasoline price relief
There’s a famous saying that ‘the cure for high prices is high prices,’ but when it comes to gasoline, that may not necessarily be the case.
Experts are torn on when or even if drivers might see significant “demand destruction” — an economics term for a sustained decline in demand for a product due to excessively high prices — at the pumps.
Buffalo Potash to set up research facility in Estevan, looking at commencing drilling later this summer
ESTEVAN - On June 9 during a visit with the Estevan City Economic Development Board, Buffalo Potash Corp. CEO Steve Halabura formally committed to set up a solution mining research and development facility on land owned by the city. The parcel is located beside the...
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Moe and minsters meet with energy industry participants, discuss ESG, increasing oil production
Every so often the Saskatchewan government employs former Prime Minister Stephen Harper to conduct a series of industry consultations. June 16 was such a day, with four different groups meeting with Premier Scott Moe and a number of provincial ministers in Saskatoon to discuss their concerns. Energy representatives were among them.
Russia reduces natural gas through European pipeline again
BERLIN (AP) — Russia's Gazprom announced a reduction in natural gas flows through a key European pipeline for the second day in a row on Wednesday, hours after Germany's vice chancellor said its initial move appeared to be political rather than a result of technical...
Biden tells oil refiners: Produce more gas, fewer profits
President Joe Biden on Wednesday called on U.S. oil refiners to produce more gasoline and diesel, saying their profits have tripled during a time of war between Russia and Ukraine as Americans struggle with record high prices at the pump.
“The crunch that families are facing deserves immediate action,” Biden wrote in a letter to seven oil refiners. “Your companies need to work with my Administration to bring forward concrete, near-term solutions that address the crisis.”
Brian Crossman: Brad Wall for prime minister!
I have several friends that always ask me, “When is Brad Wall running for prime minister?” The guys asking are almost exclusively from Alberta; Calgary, in particular. I think that the reason they ask is based on two things. One, the less-than-desirable federal...
David Yager: Global Energy Show signals Canada’s oil and gas recovery and strong future. This industry has been down but will never be out
Based on the current global energy realities, “Rumors of our demise has been greatly exaggerated.”