Watch video of a North Dakota wind turbine being demolished after just 20 years in service
MINOT, ND – If you’ve ever driven south of Minot towards Bismarck, North Dakota, you probably noticed the prominent wind farm straddling Highway 83. That wind farm has been there for 20 years now, and according to its operator, Basin Electric Power Cooperative, two of...
Saturn plans $50 million capital program in 2022, mostly in SE Sask, and uses bought deal offering to finance it
CALGARY – Here’s a term you probably haven’t heard in a while, at least when it comes to oil development in Saskatchewan: “Bought deal offering.” It was a method of financing Crescent Point Energy used consistently in its growth to, at one point, over 170,000 barrels...
Carbon tax responsible for 0.4% of inflation, Governor of Bank of Canada tells Finance Committee
“According to the Bank’s calculations, if the charge were to be removed from the three main fuel components of the consumer price index (gasoline, natural gas and fuel oil) it would reduce the inflation rate by 0.4 percentage points. In other words, if that policy had come into effect at the start of the year, January’s inflation rate would have been 4.7% instead of 5.1 %.”
And just like that, spring breakup begins. Winter weights removed on provincial highways on March 15
The winter drilling season is coming to a close. Spring breakup is here. This is the time of year when truckers and shippers must begin reducing loads on secondary highways in Saskatchewan. All secondary highways return to regulation weights, which will help prevent...
Wilkinson expects plan for supplying some oil to Europe ready by March 23
OTTAWA — Natural Resources Minister Jonathan Wilkinson says it will be another week or two before Canada will know with certainty how much extra oil it can produce and ship to help offset bans on the use of fossil fuels from Russia. But he says...
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Saskatchewan Matters Podcast: Paul Martin on Saskatchewan’s powerful pink potash
In this podcast, Paul Martin joins host Dan Gold to talk about how a comedian moved the needle when it came to building relationships in China.
Plan for Ukrainian refugees to be discussed at Moosomin Chamber of Commerce meeting
MOOSOMIN - (Moosomin World-Spectator) The Tuesday, March 15 meeting of the Moosomin Chamber of Commerce will feature Ukrainian food prepared by the local Ukrainian community, a proposal to welcome Ukrainian refugees to Moosomin, a premiere of the new Moosomin...
Does the Saskatchewan oilpatch have jobs that we can offer to Ukrainian refugees? If so, please step forward
MARTINSVILLE – Things are moving fast in Saskatchewan when it comes to grassroots efforts providing support for Ukrainian refugees fleeing the war.
One of the people who has been working extensively on this front is Steve Halabura, a regular columnist with Pipeline Online For the past two weeks, he’s been working on putting together what is known as a “Group of Five” people who commit to supporting a refugee family for a year. But now he and a group of business people from Saskatoon area, Estevan and Moosomin are looking a lot bigger.
Amid global energy crisis, labour shortage constrains growth of Canadian oilpatch
By Amanda Stephenson in Calgary Labour shortages in Canada's oil and gas industry could curb its ability to quickly step in to fill a gap in supply left in the wake of U.S. sanctions against Russia, industry insiders say. The sector has been struggling with a lack of...
Estevan OTS Bonspiel is just two weeks away, first of four events for the year
ESTEVAN – What are you doing two weeks from now? If you’re in southeast Saskatchewan, you should head over to the Power Dodge Curling Centre in Estevan and either get on the ice or get in the stands. It’s time for the 63rd Annual Estevan Oilfield Technical Society...
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Premier says N.L. oil can replace Russian oil, but experts warn it’s not that easy
ST. JOHN'S, N.L. — Newfoundland and Labrador Premier Andrew Furey says oil from his province could help countries transition away from Russian fossil fuels, but experts warn it's not that simple. Though there may be immediate demand, there's no...
Patchwork Podcast: The war in Ukraine: Russia, Ukraine and the maple leaf
Chairman of Lakeland College Adam Waterman and Brian Zinchuk of Pipeline Online join Kurt Price & Tracy Klotz on the New Lloydminster Nissan Patchwork podcast. Can Canada fill the gap left by Many country’s banning Russian oil & gas? Settle in. It’s a long discussion, but worth your time tonight.
Premier won’t call for sanctions on oligarch who owns shares in Saskatchewan mill
By Mickey Djuric in Regina Saskatchewan Premier Scott Moe says he won't be urging Ottawa to sanction a Russian oligarch who's a major shareholder in a U.K.-incorporated multinational manufacturing company that operates a steel mill in Regina. The British...
David Yager: Canada’s embarrassing response to global oil and gas shortages
Since Russia invaded Ukraine in late February, global energy markets have been turned upside down. Oil prices have skyrocketed. This will increase the price of everything everywhere for everyone, just as it has in the past. The biggest international humanitarian challenge that nobody is even talking about is food prices.
Pariahs no more? US reaches out to oil states as prices rise
By Ellen Knickmeyer And Cathy Bussewitz in Washington WASHINGTON (AP) — Three checkered oil regimes that President Joe Biden and past U.S. leaders have spectacularly snubbed — Venezuela, Saudi Arabia and Iran — are now targets of U.S. outreach as global fuel...
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House approves ban on Russian oil to US, bolstering Biden
By Lisa Mascaro in Washington WASHINGTON (AP) — The House overwhelmingly approved legislation Wednesday night that would ban Russian oil imports to the United States, an effort to put into law the restrictions announced by President Joe Biden in response to the...
TC Energy signs Coastal GasLink option deals with Indigenous communities
CALGARY — Sixteen Indigenous communities along the Coastal GasLink pipeline route have signed option agreements for an equity stake in the project, a move that one Indigenous leader hopes will set a precedent for future energy infrastructure...
Guilbeault touts coming green bond, as experts stress need to choose projects wisely
By Jordan Press and Mia Rabson in Ottawa Canada's environment minister says investors will soon get to purchase a new government bond aimed at financing green projects, which will be selected under guidelines that experts warn could pose potential issues...
Canada can help Europe turn to renewables instead of Russian oil: Guilbeault
OTTAWA (CP) - Environment Minister Steven Guilbeault says Canada cannot realistically help Europe replace its Russian oil imports with Canadian crude or natural gas, but it can and is looking at ways to export renewable energy like hydrogen. Europe relies on Russia...
Canada can increase oil exports to U.S., but can’t fill hole left by Russia: experts
By Amanda Stephenson in Calgary Canadian oil producers have some capacity to immediately increase exports to the U.S., industry insiders and analysts say, but anything they can provide in the short-term won't be enough to fill the gap left behind by Russia. In the...
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Guest column: How German Greens put Ukraine at risk, and now threaten Europeans with freezing in the dark
By Jim Warren Excessive zeal on the part of Germany’s utopian environmentalists over the past few decades has wound up encouraging Putin’s invasion of Ukraine and threatens an energy crisis in Europe. The real life consequences of dogmatic climate activism and the mad...
EXPLAINER: What does a US ban on Russian oil accomplish?
NEW YORK (AP) — With Russia intensifying its war on Ukraine, killing civilians and triggering a mass refugee crisis, President Joe Biden on Tuesday announced a U.S. ban on imported Russian oil. Critics of Russia have said that sanctioning its energy exports would be the best — perhaps only — way to force Moscow to pull back.
A full embargo would be most effective if it included European allies, which are also desperate to stop the violence in Ukraine and the danger Moscow poses to the continent. Yet it’s far from clear that all of Europe would take part in an embargo, though Britain announced Tuesday that it would phase out Russian oil imports by year’s end.
Unlike the United States, Europe is deeply reliant on energy it imports from Russia, the world’s second-largest crude oil exporter behind Saudi Arabia. While the U.S. could replace the relatively small amount of fuel it receives from Moscow, Europe could not, at least not anytime soon.
US banning Russian oil imports as Biden warns of ‘costs’
By Zeke Miller, Mike Balsamo And Josh Boak in Washington WASHINGTON (AP) — President Joe Biden announced Tuesday the U.S. will ban all Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine, but he acknowledged...
Indigenous groups still aim to buy Trans Mountain pipeline, even as costs soar
By Amanda Stephenson in Calgary Indigenous-led groups remain committed to pursuing ownership of the Trans Mountain pipeline, even as cost overruns for the pipeline expansion project soar. Last month, the federal Crown corporation that owns the pipeline revealed...
Vermilion Energy reports $344.6M Q4 profit, announces quarterly dividend
CALGARY - Vermilion Energy Inc. reported a fourth-quarter profit of $344.6 million compared with a loss of $57.7 million a year earlier, helped by higher oil and natural gas prices. The energy company, which suspended its dividend at the start of the COVID-19...