The Independent Contractors and Businesses Association (ICBA) commends the National Energy Board (NEB) for recommending the federal government approve the Trans Mountain Expansion Project and concluding the Project is in the best interest of our country.
Fortis Inc. has announced that Fortis Hawaii Energy Inc., an indirect wholly-owned subsidiary, has entered into an agreement with Hawaiian Electric Company, Inc., to export liquefied natural gas ("LNG") to Hawaii to be used for local power generation.
To further support its work in encouraging mineral, coal, and oil and gas exploration investment in British Columbia through the collection and distribution of publicly available geoscience data, Energy and Mines Minister Bill Bennett announced that the Province will provide $5 million in funding to Geoscience BC.
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.
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%).