NEWS: Precision Drilling reports fourth-quarter loss, revenue up 46% from year ago
CALGARY — Precision Drilling Corp. says it lost $27.3 million in the fourth quarter of 2021 compared with a loss of $37.5 million a year earlier as its revenue rose 46 per cent. The company says the loss for the quarter ended Dec. 31 was $2.05 per...
Despite US$90 oil, Saskatchewan’s two largest oil producers have dramatically reduced drilling activity during what’s usually the busiest time of the year
February is typically the busiest month of the year for oilwell drilling in Saskatchewan, but the largest players have dramatically reduced their programs compared to previous years, even though oil prices are now in the US$90/bbl. range for benchmark West Texas Intermediate oil. According to Bloomberg, Western Canadian Select (WCS) was US$76.45/bbl. and WTI was US$89.50. Both benchmarks were very close to its highest points in at least 7.5 years.
NEWS: Alberta government seeking compensation from U.S. over cancelled Keystone XL pipeline
CALGARY — Alberta is seeking compensation from the U.S. government in the wake of President Joe Biden’s cancellation of the Keystone XL pipeline’s permit.
The provincial government says it has filed a notice of intent to launch a claim under legacy rules tied to the old North American Free Trade Agreement, or NAFTA.
Quick Dick McDick: You get my drift?
Quick Dick McDick coming to you from Saskatchewan today, where he describes all the different usages of the word “drift.” There’s a lot, and it’s not just tooling around with Morty. And apparently, a neighbour’s tractor was involved. Take note of the wind action on Quick Dick’s beard.
Cenovus CEO says current high oil prices can’t be banked on moving forward
CALGARY — Cenovus Energy Inc. will continue to keep a tight rein on capital spending even as crude prices surge to eight−year highs, the CEO of the Calgary−based oil producer said Tuesday. In a conference call with analysts, chief executive Alex Pourbaix said the...
- 0120 2026 SK oil show attendee0120 2026 SK oil show attendee
- 0118 IBEW 30 sec0118 IBEW 30 sec
- 0119 Steffes Group System III Ltd Complete Dispersal P0119 Steffes Group System III Ltd Complete Dispersal P
- 0115 SaskPower SASPO_2817_PLT_Recruitment_DIVERSITY0115 SaskPower SASPO_2817_PLT_Recruitment_DIVERSITY
- 0114 Prospera Bold Vision0114 Prospera Bold Vision
- 0113 Miller Epic Cinematic Hollywood trailer0113 Miller Epic Cinematic Hollywood trailer
- 0085 Turnbull snow removal call office0085 Turnbull snow removal call office
- 0102 Lori Carr Coal Extended0102 Lori Carr Coal Extended
- 0100 Turnbull Project Manager0100 Turnbull Project Manager
- 0099 Mryglod Steel 1080p0099 Mryglod Steel 1080p
- 0097 Eagle Sky Ventures LTD0097 Eagle Sky Ventures LTD
- 0095 Fast Trucking nearly 70 years good at it0095 Fast Trucking nearly 70 years good at it
- 0092 Turnbull projects big and small0092 Turnbull projects big and small
- 0046 City of Estevan This is Estevan Teaser0046 City of Estevan This is Estevan Teaser
- 0077 Caprice Resources Stand Up For Free Speech0077 Caprice Resources Stand Up For Free Speech
- 0061 SIMSA 2024 For Sask Buy Sask0061 SIMSA 2024 For Sask Buy Sask
- 0051 JML Hiring Pumpjack assembly0051 JML Hiring Pumpjack assembly
- 0049 Scotsburn Dental soft guitar0049 Scotsburn Dental soft guitar
- 0041 DEEP Since 2018 now we are going to build0041 DEEP Since 2018 now we are going to build
- 0032 IWS Summer hiring rock trailer music
- 0022 Grimes winter hiring
- 0021 OSY Rentals S8 Promo
- 0018 IWS Hiring Royal Summer
- 0013 Panther Drilling PO ad 03 top drive rigs
- 0002 gilliss casing services0002 gilliss casing services
- 9002 Pipeline Online 30 sec EBEX9002 Pipeline Online 30 sec EBEX
- 9001
NEWS: Cenovus reports Q4 loss due to $1.9B one-time charge, revenue and production up
CALGARY — Cenovus Energy Inc. reported a fourth-quarter loss of $408 million as it took a $1.9-billion one-time non-cash impairment charge related to its U.S. refinery business. The company, which completed its takeover of Husky Energy at the...
Poilievre attended the 2019 Saskatchewan Oil and Gas Show. Here’s what he had to say about energy
WEYBURN – On Feb. 5, Ottawa Conservative MP Pierre Poilievre announced that he was “running for prime minister,” his way of saying he was entering the federal Conservative leadership race after the ouster of Erin O’Toole was leader.
It is apparent, now, that he’s been laying the groundwork for this run for quite some time. In 2019, he attended the Saskatchewan Oil and Gas Show in Weyburn, and took the stage briefly, something uncommon for an Ontario member of Parliament. He was joined at the time by Quebec MP Gerard Deltell, member of Parliament for Louis-Saint-Laurent, who also addressed the crowd.
Brian Zinchuk: It was no accident Orwell’s 1984 appeared on Pierre Poilievre’s bookshelf when he announced he was running for prime minister
Some things happen in politics by accident, or coincidence.
But the placement of George Orwell’s 1984 on the bookshelf immediately to the right of Pierre Poilievre in the video where he announced he was “running for prime minister,” was no accident.
NEWS: Ottawa files court brief supporting Enbridge Inc. in Line 5 dispute with Michigan
WASHINGTON — The federal government is once again urging a Michigan judge to keep Line 5 operating while it works with the United States on negotiating an end to the impasse over the controversial cross−border pipeline. Gordon Giffin, the...
NEWS: Gasoline prices breaking records as crude oil tops US$90 a barrel
CALGARY — Gasoline prices across Canada shattered an all−time record high on Friday, as crude prices soared above US$90 per barrel and North American refineries worked full throttle to keep up with demand. The national average retail fuel price...
- 0120 2026 SK oil show attendee0120 2026 SK oil show attendee
- 0118 IBEW 30 sec0118 IBEW 30 sec
- 0119 Steffes Group System III Ltd Complete Dispersal P0119 Steffes Group System III Ltd Complete Dispersal P
- 0115 SaskPower SASPO_2817_PLT_Recruitment_DIVERSITY0115 SaskPower SASPO_2817_PLT_Recruitment_DIVERSITY
- 0114 Prospera Bold Vision0114 Prospera Bold Vision
- 0113 Miller Epic Cinematic Hollywood trailer0113 Miller Epic Cinematic Hollywood trailer
- 0085 Turnbull snow removal call office0085 Turnbull snow removal call office
- 0102 Lori Carr Coal Extended0102 Lori Carr Coal Extended
- 0100 Turnbull Project Manager0100 Turnbull Project Manager
- 0099 Mryglod Steel 1080p0099 Mryglod Steel 1080p
- 0097 Eagle Sky Ventures LTD0097 Eagle Sky Ventures LTD
- 0095 Fast Trucking nearly 70 years good at it0095 Fast Trucking nearly 70 years good at it
- 0092 Turnbull projects big and small0092 Turnbull projects big and small
- 0046 City of Estevan This is Estevan Teaser0046 City of Estevan This is Estevan Teaser
- 0077 Caprice Resources Stand Up For Free Speech0077 Caprice Resources Stand Up For Free Speech
- 0061 SIMSA 2024 For Sask Buy Sask0061 SIMSA 2024 For Sask Buy Sask
- 0051 JML Hiring Pumpjack assembly0051 JML Hiring Pumpjack assembly
- 0049 Scotsburn Dental soft guitar0049 Scotsburn Dental soft guitar
- 0041 DEEP Since 2018 now we are going to build0041 DEEP Since 2018 now we are going to build
- 0032 IWS Summer hiring rock trailer music
- 0022 Grimes winter hiring
- 0021 OSY Rentals S8 Promo
- 0018 IWS Hiring Royal Summer
- 0013 Panther Drilling PO ad 03 top drive rigs
- 0002 gilliss casing services0002 gilliss casing services
- 9002 Pipeline Online 30 sec EBEX9002 Pipeline Online 30 sec EBEX
- 9001
Sask brings in $6 million for Crown land sales, but some parcels went for next to nothing
REGINA – For the first time since June, 2019, a Crown land sale for oil and gas mineral rights exceeded $6 million. But while the total dollar value was up significantly compared to sales over the last 2.5 years, some parcels went for exceedingly low dollar...
Brad Wall is out, when it comes to the federal Conservative leadership
CYPRESS HILLS – Brad Wall is out, when it comes to consideration of who will be the next leader of the federal Conservative party. The question of who would be the next leader of the Conservatives became acute following the Feb. 2 ouster of Erin O’Toole as party...
NEWS: Suncor adopting mining safety technology for first time in oilsands, says CEO
CALGARY — The chief executive of Suncor Energy Inc. says the company is adopting mining safety technology for the first time in the oilsands following a recent death and several incidents. The change is among a series of efforts to improve safety...
NEWS: Suncor Energy Inc. swings to $1.5-billion profit on soaring crude prices
CALGARY — Suncor Energy Inc. says it earned $1.53 billion in the fourth quarter and achieved record adjusted funds fromoperations against the backdrop of soaring oil prices. The Calgary-based oil producer and refiner reported after markets closed...
Brian Zinchuk: NDP and Trudeau care more about woke feminism than Ukrainian lives
In the debate on Canada’s role in the Ukraine crisis, an Edmonton NDP MP asked the prime minister “what his government is doing to ensure that the feminist foreign policy is front and centre as we deal with this current crisis in Ukraine?”
Trudeau, of course, had the appropriate woke answer.
- 0120 2026 SK oil show attendee0120 2026 SK oil show attendee
- 0118 IBEW 30 sec0118 IBEW 30 sec
- 0119 Steffes Group System III Ltd Complete Dispersal P0119 Steffes Group System III Ltd Complete Dispersal P
- 0115 SaskPower SASPO_2817_PLT_Recruitment_DIVERSITY0115 SaskPower SASPO_2817_PLT_Recruitment_DIVERSITY
- 0114 Prospera Bold Vision0114 Prospera Bold Vision
- 0113 Miller Epic Cinematic Hollywood trailer0113 Miller Epic Cinematic Hollywood trailer
- 0085 Turnbull snow removal call office0085 Turnbull snow removal call office
- 0102 Lori Carr Coal Extended0102 Lori Carr Coal Extended
- 0100 Turnbull Project Manager0100 Turnbull Project Manager
- 0099 Mryglod Steel 1080p0099 Mryglod Steel 1080p
- 0097 Eagle Sky Ventures LTD0097 Eagle Sky Ventures LTD
- 0095 Fast Trucking nearly 70 years good at it0095 Fast Trucking nearly 70 years good at it
- 0092 Turnbull projects big and small0092 Turnbull projects big and small
- 0046 City of Estevan This is Estevan Teaser0046 City of Estevan This is Estevan Teaser
- 0077 Caprice Resources Stand Up For Free Speech0077 Caprice Resources Stand Up For Free Speech
- 0061 SIMSA 2024 For Sask Buy Sask0061 SIMSA 2024 For Sask Buy Sask
- 0051 JML Hiring Pumpjack assembly0051 JML Hiring Pumpjack assembly
- 0049 Scotsburn Dental soft guitar0049 Scotsburn Dental soft guitar
- 0041 DEEP Since 2018 now we are going to build0041 DEEP Since 2018 now we are going to build
- 0032 IWS Summer hiring rock trailer music
- 0022 Grimes winter hiring
- 0021 OSY Rentals S8 Promo
- 0018 IWS Hiring Royal Summer
- 0013 Panther Drilling PO ad 03 top drive rigs
- 0002 gilliss casing services0002 gilliss casing services
- 9002 Pipeline Online 30 sec EBEX9002 Pipeline Online 30 sec EBEX
- 9001
Rex Murphy returning to keynote Saskatchewan Oil and Gas Show June 1-2
WEYBURN – Rex Murphy will be one of the keynote speakers at the 2022 Saskatchewan Oil and Gas Show in Weyburn.
The event will take place June 1-2, after a being postponed one year due to the COVID-19 pandemic.
Brian Crossman: Baby, it’s cold outside
Once again climate change has reared its ugly head. Another winter with tropical temperatures and all of us walking around in our shorts and sandals! Awesome! The good people that burned all that jet fuel and ate all the good food and drank the good wine were right....
NEWS: Exxon Mobil restructures into three divisions and packs up for Houston
NEW YORK (AP) — Exxon Mobil is restructuring its business into three divisions and moving its headquarters 250 miles south from Irving, Texas, to its campus north of Houston. The oil giant said Monday it will combine its chemical and refining operations, while...
NEWS: US Interior Department approves $1B to clean up orphaned wells
(Editor’s note: this story by the Associated Press uses the term “abandoned wells” in manner that is not industry standard, at least in Canada. An abandoned well is one that is permanently plugged and made secure. The term the writer should have used is “orphan wells.” Pipeline Online contractually cannot alter the text of stories sourced from the Associated Press or Canadian Press.)
The Department of Interior is spending $1.15 billion to cap abandoned oil and gas wells across the United States.
Patchwork Podcast: Mark Lea-Wilson on the Edmonton Region Hydrogen Hub
Tracy Klotz (“Tracy K”) and Kurt Price speak with Mark Lea-Wilson Hub, Lead for the Edmonton Region Hydrogen HUB with the Transition Accelerator on New Lloydminster Nissan’s Patchwork.
- 0120 2026 SK oil show attendee0120 2026 SK oil show attendee
- 0118 IBEW 30 sec0118 IBEW 30 sec
- 0119 Steffes Group System III Ltd Complete Dispersal P0119 Steffes Group System III Ltd Complete Dispersal P
- 0115 SaskPower SASPO_2817_PLT_Recruitment_DIVERSITY0115 SaskPower SASPO_2817_PLT_Recruitment_DIVERSITY
- 0114 Prospera Bold Vision0114 Prospera Bold Vision
- 0113 Miller Epic Cinematic Hollywood trailer0113 Miller Epic Cinematic Hollywood trailer
- 0085 Turnbull snow removal call office0085 Turnbull snow removal call office
- 0102 Lori Carr Coal Extended0102 Lori Carr Coal Extended
- 0100 Turnbull Project Manager0100 Turnbull Project Manager
- 0099 Mryglod Steel 1080p0099 Mryglod Steel 1080p
- 0097 Eagle Sky Ventures LTD0097 Eagle Sky Ventures LTD
- 0095 Fast Trucking nearly 70 years good at it0095 Fast Trucking nearly 70 years good at it
- 0092 Turnbull projects big and small0092 Turnbull projects big and small
- 0046 City of Estevan This is Estevan Teaser0046 City of Estevan This is Estevan Teaser
- 0077 Caprice Resources Stand Up For Free Speech0077 Caprice Resources Stand Up For Free Speech
- 0061 SIMSA 2024 For Sask Buy Sask0061 SIMSA 2024 For Sask Buy Sask
- 0051 JML Hiring Pumpjack assembly0051 JML Hiring Pumpjack assembly
- 0049 Scotsburn Dental soft guitar0049 Scotsburn Dental soft guitar
- 0041 DEEP Since 2018 now we are going to build0041 DEEP Since 2018 now we are going to build
- 0032 IWS Summer hiring rock trailer music
- 0022 Grimes winter hiring
- 0021 OSY Rentals S8 Promo
- 0018 IWS Hiring Royal Summer
- 0013 Panther Drilling PO ad 03 top drive rigs
- 0002 gilliss casing services0002 gilliss casing services
- 9002 Pipeline Online 30 sec EBEX9002 Pipeline Online 30 sec EBEX
- 9001
NEWS: Imperial Oil raises dividend amid Q4 profit, higher revenues
CALGARY — Imperial Oil Ltd. has raised its dividend as it reported a fourth-quarter profit compared with a loss a year ago tied to a billion-dollar non-cash charge. The Calgary-based oil company increased its quarterly dividend by 26 perc ent to...
Brian Zinchuk: Canada’s energy weapon is an empty holster in dealing with Russia with regards to Ukraine
My late grandfather, Harry Zinchuk, and parents got on a boat in 1930, leaving Ukraine for Canada. They were following his much older brother, Steve, who had come over in 1929. Harry was 13 at the time, having been born in May 1917, during the height of the Great War,...
David Yager: Will the Liberals really raise carbon taxes April 1?
Because of the coronavirus pandemic, the world has been plenty crazy in the past two years. Governments have borrowed enormous amounts of money to keep the economy functioning as it was legislated into lockdown to halt the spread of the COVID-19 virus. And as...
Orphan wells: Parliamentary Budget Officer, Energy and Resources Minister weigh in on who pays
REGINA – In response to a recent report from the Parliamentary Budget Office (PBO) regarding orphan wells particularly in Alberta and Saskatchewan, Energy and Resources Minister Bronwyn Eyre wants to make something very clear: the Saskatchewan taxpayer is not on the...
NEWS: Nord Stream 2 pipeline a sanctions option if Russia invades Ukraine: German envoy
OTTAWA — A controversial gas pipeline that links to Russia beneath the Baltic Sea could be part of a broader package of sanctions should Russia invade Ukraine, says Germany's ambassador to Canada. Ambassador Sabine Sparwasser says her government...