Indigenous communities have the innovation and drive to build a cleaner more resilient energy sector. That is why Canada is investing to increase Indigenous economic participation in energy infrastructure projects.
Certarus Ltd. enters into CNG supply agreement with Kirkland Lake Gold for its Canadian mining operations
Certarus Ltd. has entered into a long term compressed natural gas ("CNG") supply agreement with Kirkland Lake Gold for the implementation of bulk compressed natural gas to service the heating requirements at all of its Canadian mining operations.
This agreement further showcases the growing demand for CNG service within Northern Ontario for end users currently not serviced by pipeline natural gas supply. Certarus has developed a North American wide bulk CNG platform to bring cost effective, environmentally friendly natural gas safely and reliably to end users. Sourcing natural gas, via existing high-pressure pipelines, will provide a regional supply of clean, cost effective energy to a greater array of customers to help support provincial and federal mandates promoting cleaner burning fuels.
"Northern Ontario mines are realizing the benefits of compressed natural gas for cold environments where propane has its challenges. Not only is natural gas cleaner, it also retains its gaseous state at cold temperatures. Natural gas is being sourced locally at Certarus' terminal east of Timmins, Ontario. Certarus operates the largest bulk CNG trailer fleet in North America and has a proven track record of supplying compressed natural gas to over 265 end users today," said Nathan Ough, Vice President of Certarus.
Certarus expects to commence CNG supply to Kirkland Lake Gold's four additional mines in Q3 2019.
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While both Alberta and Texas were hit hard by the oil-price drop in 2014, the Texas unemployment rate has dropped while the Alberta rate has risen, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
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FLO Components Ltd. is representing Macnaught in Ontario and Manitoba. Macnaught has been a manufacturer of grease, oil and fuel equipment, hose reels and positive displacement flow meters for the agricultural, automotive, industrial, mining and transport industries across the globe, since 1948.
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Baker Hughes announced that the Baker Hughes Rig Count for the U.S. is down 8 rigs from last week to 934, with oil rigs down 6 to 764, gas rigs down 2 to 169, and miscellaneous rigs unchanged at 1. This is the tenth straight week that the American rig count has declined,
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In its second quarter financial results, AltaGas Canada Inc. announced that the business is maintaining a strong position and will continue to move forward with growth programs in the near future.
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Baker Hughes, a GE company announced that the Baker Hughes international rig count for July 2019 was 1,162, up 24 from the 1,138 counted in June 2019, and up 165 from the 997 counted in July 2018. The international offshore rig count for July 2019 was 255, up 9 from the 246 counted in June 2019, and up 38 from the 217 counted in July 2018.
Superior Industries, Inc., the U.S. based manufacturer and global supplier of bulk material processing and handling systems, has announced a new partnership with Canada's largest distributor of conveyor belting, components and other bulk material handling solutions. Belterra, a 50-year-old distributor with 19 locations throughout the country, will stock, sell and service Superior's conveyor idlers, pulleys, scrapers and accessories in Quebec.
Motive Offshore Group, specialists in marine equipment fabrication and rental, has announced the launch of Motive Personnel - a division specifically created to provide offshore technicians to its global customer base.
Abrado Wellbore Services, the specialist global, expandable section milling plug and abandonment service technology company, has secured a multi-million dollar contract from Chevron's Environmental Management Company to support the plug and abandonment (P&A) of more than 30 wells offshore California.
Baker Hughes announced that the Baker Hughes Rig Count for the U.S. is down 4 rigs from last week to 942, with oil rigs down 6 to 770, gas rigs up 2 to 171, and miscellaneous rigs unchanged at 1.
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Iris Automation, Skyfront and Echodyne power first ever beyond-visual-line-of-sight drone flight without human visual observers
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MEG Energy announces record $195 million free cash flow, $285 million debt repayment and new 5-Year credit facility
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Canadian Natural has announced its second quarter results for 2019, with the company stating its diverse, balanced asset base plus flexible capital allocation helped an adjusted funds flow of approximately $2.7 billion.
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The Petroleum Services Association of Canada (PSAC), in its third update to its 2019 Canadian Drilling Activity Forecast, announced that it is decreasing its forecasted number of wells to be drilled (rig released) across Canada for 2019 from 5,300 (May 2019 revision) to 5,100 wells drilled. PSAC based its updated 2019 Forecast on average natural gas prices of $1.60 CDN/Mcf (AECO), crude oil prices of US$57.00/barrel (WTI) and the Canada-US exchange rate averaging $0.76.
Encana Corporation has announced its second quarter 2019 financial and operating results, reporting solid production increases and continued movement in repurchasing of its common shares, among other highlights.
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The Petroleum Services Association of Canada (PSAC) has announced that its "PSAC Working Energy Golf Classic", powering Canadian energy and education and raising funds for awareness and education, raised over $39,000 thanks to the generosity of energy industry companies, employees, their guests, and the numerous sponsors whose livelihoods depend on the health of the industry. The sold-out event took place July 24 at the Inglewood Golf & Curling Club.
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Messer highlights new "Huff 'N Puff" treatment to recharge well stimulation at the Unconventional Resources Technology Conference 2019
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The ability of Canada's energy sector to attract investment has been weakened by several government policies in recent years, all the while investment in the United States has soared, finds a new collection of essays released today by the Fraser Institute, a Canadian policy think-tank.
FortisBC has entered into its first term supply agreement to produce liquefied natural gas (LNG) for Top Speed Energy Corp. to export to China. This term supply agreement is an unprecedented development in Canada's LNG export industry and was made possible by the completion of the Tilbury LNG expansion project in Delta, B.C. earlier this year.
The Canadian Environmental Assessment Agency (the Agency) must decide whether a federal environmental assessment is required for the proposed Kitimat LNG Expansion Project, located at Bish Cove, near Kitimat, British Columbia.
Canada's Oil Sands Innovation Alliance (COSIA) is pleased to announce the appointment of Wes Jickling as the organization's next Chief Executive, effective August 6, 2019. The appointment aligns with COSIA's updated strategic plan, focused on accelerating environmental performance through collaborative action and innovation, while sharing its story with Canadians and beyond.
Encana Corporation wholly owned subsidiary Newfield Exploration Mid-Continent Inc. has signed an agreement to sell its natural gas assets in Oklahoma's Arkoma Basin to an undisclosed buyer. Total cash consideration to Encana under the transaction is $165 million. The agreement is subject to ordinary closing conditions, regulatory approvals and other adjustments and is expected to close in the third quarter of 2019.
Campaigns that attack Alberta's energy interests will be investigated through a public inquiry launched by the provincial government.
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