FCL CEO Scott Banda to retire in May. Banda led enormous change for FCL, but also fought union at refinery
SASKATOON – In recent months, Federated Co-operatives Limited (FCL) CEO Scott Banda has made a lot of major announcements over the last six months. They included a carbon capture and utilization partnership with Whitecap Resources, the sale of its upstream oil...
Quick Dick McDick: Thank a trucker, and thoughts on the Freedom Convoy to Ottawa
This is a two-parter. First, Quick Dick McDick talks about the differences between truckers, and thanking a trucker. But the second half he gives his well-reasoned thoughts about the convoy rolling into Ottawa. He's tried to stay out of the COVID debate, but he...
NEWS: Canadian National Railway Co. names Tracy Robinson as new chief executive
https://twitter.com/CNRailway/status/1486092696850780170?s=20 MONTREAL — Canada's largest railway has named a longtime former rival as its new president and CEO to succeed embattled chief executive J.J. Ruest as the company looks to build on a...
NEWS: Budget officer finds $1B orphan well liability by 2025; critics claim underestimate
The parliamentary budget officer has found the cost of cleaning up orphaned oil and gas wells in Alberta and Saskatchewan already dwarfs the money collected from industry to pay for it. But critics immediately called Yves Giroux's estimated $1...
Fire wipes out three of five bays in Arcola oilfield shop; but an excavator tearing the building in half saved the rest
ARCOLA – Cody Christman was on his way westward on Highway 13 at Kisbey when he got an urgent call to come back his shop he had just left in Arcola. It was on fire. The owner of Outlaw Ventures, a boiler outfit that specializes in heating frac water, found his shop in...
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NEWS: Indigenous non-profit looks to acquire ownership of Trans Mountain Pipeline
CALGARY — A new Indigenous non-profit organization is seeking an ownership stake in the Trans Mountain Pipeline, saying its aim is to make sure communities along the pipeline's route receive its benefits directly. Nesika Services publicly launched...
NEWS: Energy infrastructure firm Enerflex signs all-stock deal to buy U.S. company Exterran
CALGARY — Enerflex Ltd. has signed an all-stock deal to buy U.S. company Exterran Corp. in an agreement that values the company at about US$735 million. Under the transaction, Enerflex will issue 1.021 of its shares for each Exterran share....
Letter signed by 400+ academics shows “much deeper apparent revulsion for the energy sector,” says Saskatchewan energy minister
SASKATOON – On Jan. 19, a letter signed by over 400 academics called on the federal government to not implement an investment tax credit for carbon capture, utilization and storage (CCUS). This measure is being considered at a time when several carbon...
Here’s the entire letter signed by 400+ academics in opposition to carbon capture, utilization and storage
(Editor’s note: This is the verbatim letter signed by the 400+ academics, urging the federal Minister of Finance to kill an investment tax credit for carbon capture, utilization and storage, at a time when several projects have been announced in Saskatchewan in recent months. At the end is the entire list of signatories, including their areas of specialty. These include history, sociology, “Gender, Sexuality and Women’s Studies,” law, French, “English and Film Studies,” politics, humanities, philosophy, geography, architecture, anthropology, medicine and drama, among many others. )
Eight academics with ties to U of R and U of S sign letter opposing carbon capture, utilization and storage investment tax credit. Not one is a geologist or engineer
REGINA, SASKATOON – Among the over 400 “scientists, academics, and energy system modellers” who wrote to Deputy Prime Minister and Minister of Finance Chrystia Freeland about their opposition to carbon capture utilization and storage, eight listed affiliations to Saskatchewan’s two major universities.
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NEWS: Parkland Corp. buying M&M Food Market for $322 million
CALGARY — Fuel marketer and convenience store retailer Parkland Corp. says it has reached a deal to acquire M&M Food Market for $322 million. The Calgary-based company says its acquisition of the Mississauga-based frozen food retailer includes...
NEWS: CAPP expects oil and gas investment to rise 22 per cent this year to $32.8 billion
CALGARY — Canada's largest oil and gas industry group says capital spending in the oilpatch will hit $32.8 billion this year, a 22 per cent increase from the year before but still a far cry from the boom-time levels of investment a decade ago....
Kenneth Green: Longer days are coming! Cheaper solar power, not so much
Wind and solar power, we are always told, are really cheaper than fossil-fuel power, if you tot up the true costs of using each type. These arguments have always been dubious on their merits, if not outright disingenuous.
Brian Zinchuk: Talking with Gormley about high oil prices, drilling, labour, wind and solar, Mexico, Ukraine and LNG
On Jan. 19, I spoke with John Gormley on CJME/CKOM about how thing are going in the energy sector, now that oil prices have hit a recent high point. These are my notes that drove most of the discussion. Most of it made it in, but not all. Here's the recording:...
NEWS: Suncor provides details on worker death; CEO says recent incidents ‘not acceptable’
CALGARY — The chief executive of Suncor Energy Inc. says the company must do more to improve workplace safety after a truck crash earlier this month resulted in the death of a contractor at the company’s Base Mine site near Fort McMurray, Alta....
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Federated Co-op and AGT Foods announce joint venture $360 canola crush plant adjacent to Regina refinery
REGINA – When Federated Co-operatives Ltd. (FCL) announced in November that they would be building a renewable diesel facility adjacent to the Regina Refinery Complex, an open question was where they would be getting the canola oil feedstock from? On Jan. 17, that...
Clean Fuel Standard and ESG driving canola crush plant development for FCL and AGT
Canola meal leftover from canola crushing could be used for feeding tilapia...
Saskatchewan leans on Alberta to complete road between LaLoche and Fort McMurray
REGINA – It’s too late to have taken advantage of the tremendous Fort McMurray boom, but that road linking La Loche to Fort McMurray is finally going to be built to an all-weather standard. On the Saskatchewan side, at least. No word on the Alberta side yet. On Jan....
David Yager: “What worries the world” – and Saskatchewan
Global events can have a huge impact on what happens in Canada. The coronavirus pandemic did not emerge from a laboratory or “wet market” in Yorkton. The world price of oil is not set in Estevan, although perhaps it should be. Those folks know more about it than most....
NEWS: Oil Sands Alliance to focus on industry sustainability, advancing net-zero ambitions
CALGARY — Canada's largest oilsands companies have formed a new advocacy group they say will help to advance the sustainable development and operation of their industry. The Oil Sands Alliance was established Jan. 1, with membership consisting of...
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NEWS: Canadian oil can be part of transition if it gets cleaner, IEA head says
OTTAWA — The executive director of the International Energy Agency says Canadian oil and gas can be part of the transition to a clean−energy future if the industry can cut its carbon footprint. A new IEA report on Canada’s energy industries...
Cloudy day in Alberta foils solar power generation yet again
CORRECTION: This story initially reported that Alberta has 736 megawatts of solar power installed. The Travers facility is listed by the Alberta Electric System Operator, but Travers in fact is not actually operational yet as it is under construction. So the total of...
NEWS: Imperial to market Montney, Duvernay assets in central Alberta
CALGARY — Imperial Oil Ltd. says it intends to market its more than 260,000 hectares of assets in the Montney and Duvernay oil and gas-producing areas of central Alberta. The Calgary-based company says it will market its interests in XTO Energy...
NEWS: RCMP commissioner breached duty with slow response to watchdog report, judge rules
OTTAWA — RCMP Commissioner Brenda Lucki flouted the law by failing to respond promptly to a watchdog report about alleged spying on anti-oil protesters, a federal judge has ruled. In a newly released decision, Federal Court Associate Chief Justice...
Brian Crossman: Build back better?
I had the radio on in the office the other day, and I heard John Gormley on Newstalk 980. His guest mentioned the government promising to “build back better,” and he had some interesting takes on it. This got me to thinking. When I turn on the news lately, be...