News
Flowmeter market rebounds as oil prices steady, climb upwards
May 22, 2019A new research study from Flow Research, Volume X: The World Market for Flowmeters, 7th Edition, finds that the worldwide flowmeter market totalled $7.06 billion in 2018 and is projected to approach $8.85 billion by 2023. The worldwide flowmeter market size…
Texas gets tough on pipeline protesters
May 22, 2019Oil pipeline protesters who interrupt operations or damage equipment could face up to 10 years in prison under legislation approved by Texas lawmakers. Under a bill approved by both chambers of the state legislature, protesters found guilty of halting service…
Canadian crude hits widest discount mark
May 22, 2019Heavy Canadian crude’s discount to the U.S. benchmark blend expanded to the widest this year as Alberta increases output limits and oil-sands producers forge ahead with new projects. Western Canadian Select traded at $15.75 less per barrel than West Texas…
RBC “green bonds” may help finance oil industry’s carbon cuts
May 22, 2019Royal Bank of Canada may make loans to oil and gas companies seeking to reduce their environmental impact under its recently created green bond program. The country’s largest bank isn’t excluding fuel companies, Lindsay Patrick, RBC’s head of sustainable financing,…
It’s official: Kenney’s UC caucus sworn into the legislature
May 21, 2019The 63 members of the United Conservative caucus, including Premier Jason Kenney, have been sworn in at the Alberta legislature. They join 24 members of the Opposition NDP caucus, including leader Rachel Notley, who were sworn in last week. Next up is…
Key U.S. speakers to attend Williston Basin Conference
May 21, 2019Lucia Piazza, U.S. Consul General to Alberta, Saskatchewan, and the Northwest Territories, will deliver a keynote speech on Tuesday, May 28, providing an update on the oil and gas market in the U.S., and how it may relate to Canada’s…
Alberta legislature resumes sitting today
May 21, 2019The Alberta legislature is to start a new session today with a lot of new faces and a new government in charge. Premier Jason Kenney and the 63 members of his United Conservative caucus are to be sworn in as legislature members…
Kenney’s war room good theatre, but really just amateur hour: envrionmentalists
May 21, 2019Environmental groups targeted by Alberta Premier Jason Kenney are shrugging off the new government’s promised $30-million “war room” to fight criticisms of the province’s energy industry. “The war room makes for good theatre, but the people who follow this closely…
Senate green lights energy-friendly amended Bill C-69
May 17, 2019A Senate committee has approved dozens of amendments — primarily aimed at mollifying the energy industry — to the Liberal government’s controversial environmental assessment legislation. Bill C-69 is supposed to improve the way the environmental impact of major energy and…
Scheer promises pipelines and energy development
May 17, 2019Canada’s Conservative Party leader Andrew Scheer on Thursday said if he is elected in the October national election he will rein in spending, build oil pipelines and put the country on a path to energy independence by 2030. In a…
