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CAPP: NB decision to extend moratorium a step in the wrong direction:

CAPP provided the commission with a written submission to address the five conditions, focusing on social, economic and environmental impacts of hydraulic fracturing in New Brunswick. The commission's report was released in February 2016.
CAPP provided the commission with a written submission to address the five conditions, focusing on social, economic and environmental impacts of hydraulic fracturing in New Brunswick. The commission's report was released in February 2016.

The Canadian Association of Petroleum Producers (CAPP) has expressed disappointment with the New Brunswick government's decision to extend the moratorium on hydraulic fracturing.

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13 Project agreements completed with First Nations along Coastal GasLink pipeline route

TransCanada Corporation has announced that its Coastal GasLink pipeline project now has 13 signed project agreements with First Nations and is in continuing consultation with an additional eight First Nations along the proposed pipeline route. Kitselas First Nation and McLeod Lake Indian Band are among the latest First Nations to have signed agreements that outline benefits and commitments that will be provided to these communities during construction and for as long as the pipeline is in service.

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Canada's oil and energy industry remains positive about the future despite increasing market volatility

Despite drastically reduced commodity prices, a changing political climate, and the inability to access new markets for Canadian oil products Canada's oil and energy sector remains positive about its global position as it adapts to new market realities that depend on collaboration between industry, government, special interest groups, and the general public. Adaptability in a shifting landscape are the focus of PwC's annual report; Energy Visions: Customers, Carbon, and Costs, A New Business Model Now?

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National Energy Board issues Board Order to TransCanada Keystone Pipeline GP Ltd.

The National Energy Board (NEB) has issued a Board Order to TransCanada Keystone Pipeline GP Ltd. (Keystone) to ensure that environmental protection and mitigation measures continue on the Keystone XL project (Project) despite the US Department of State's decision of November 3, 2015 to not issue a Presidential Permit to construct and operate the US section of the Keystone XL Pipeline.

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OPW develops potentially game-changing coupler innovation

LYNX Series Coupler is easy to use, easy to maintain and disassembly in less than 30 seconds.
LYNX Series Coupler is easy to use, easy to maintain and disassembly in less than 30 seconds.

OPW Engineered Systems, part of OPW's Fluid segment within Dover Corporation, has added the LYNX coupler to its complete line of terminal solution offerings. Based on OPW Engineered Systems' existing couplers, LYNX incorporates a U-pin design that enables an operator to disassemble the coupler in a matter of seconds.

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Global Petroleum Show ready to explore future of energy sector

Global Petroleum Show (GPS) will kick off in Calgary, Alberta from Tuesday, June 7 to Thursday, June 9 at Stampede Park. The annual event will welcome industry professionals from across the globe to discuss timely and relevant topics as they relate to the oil and gas industry. As the industry continues to respond to both the current economic climate and the ongoing challenges in the Fort McMurray region, the Show and its impact on the oil and gas industry are more important than ever.

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Reassessment of assets in Massé structure indicate much higher resources than previously determined

Ressources & Energy Squatex and its partner Petrolympic Ltd. have announced a major reassessment of resources for the eastern part the Massé structure performed independently by Sproule Associates Limited. The Massé structure is located in the Lower St. Lawrence permits, some 25 km southeast of Mont-Joli, in the Appalachian Basin of Quebec. Squatex owns a 70% interest in 656,093 hectares (1,621,241 acres) of exploration permits in Quebec over which it is the operator under a joint operation agreement with Petrolympic (30%).

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Bakken leaking methane, but not as much as suspected, study shows

Well pad with flares in Bakken Formation, ND – Photo credit: Jeff Peischl/ CIRES, NOAA
Well pad with flares in Bakken Formation, ND Photo credit: Jeff Peischl/ CIRES, NOAA

The Bakken oil and gas field is leaking a lot of methane, but less than some satellites report and less than the latest Environmental Protection Agency inventory for petroleum systems, according to the researchers’ calculations. That's the finding of the first field study measuring emissions of this potent greenhouse gas from the Bakken, which spans parts of North Dakota and Montana. The work was published in the Journal of Geophysical Research: Atmospheres.

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