News
Storage company opens drop-off centres to help flood victims
May 4, 2020Devastating floods in Fort McMurray, Alta. have forced the mandatory evacuation of the downtown area, declaring a second state of emergency by the local municipality. Together with local support organizations, Sentinel Storage has set-up two drop off centres to aid…
E+H marks three decades in Canada
May 1, 2020Thirty years ago, no one saw what would be happening to the process automation industry not only in Canada, but around the world. Despite COVID-19 putting the world economy on hold, Endress+Hauser Canada is marking 30 years in business in…
B.C. hereditary chiefs ready to talk title, rights with Ottawa
May 1, 2020Hereditary chiefs who oppose a natural gas pipeline in northern British Columbia say they will sign an agreement with the federal and provincial governments that affirms their title and rights. At the centre of the dispute is Wet’suwet’en opposition to the construction…
Teck leaves CAPP, citing cost cutting
May 1, 2020Teck Resources Ltd. is leaving the Canadian Association of Petroleum Producers, an industry organization whose members represent about 80 per cent of Canada’s oil and gas production. The move was made as part of a cost-cutting drive, Teck spokesman Chris Stannell said in an…
Cenovus, Husky take heavy first quarter hits
April 30, 2020Cenovus Energy Inc. reported a $1.8-billion loss in its first quarter as oil prices fell due to a drop in demand as a result of the COVID-19 pandemic and a oil price war between Saudi Arabia and Russia. According to…
Oil slump will continue one year after COVID ends: Kenney
April 30, 2020Premier Jason Kenney says a global oil glut means Alberta’s main industry will be dealing with low prices for a year or longer after the COVID-19 pandemic abates. Kenney told Canadian Press reduced demand for oil and gas during the pandemic…
CPCA’s Whistler AGM cancelled, moved to 2021
April 29, 2020Another popular industry gathering has been relegated to the dustbin, thanks to the continuing threat from the coronavirus. The CPCA today announced that its annual general meeting for 2020 in Whistler, B.C. has been cancelled, with the next meeting set…
Investors brace for more bad news from oil sands producers
April 29, 2020Canada’s big oil producers are set to give investors more evidence of how they’re battling plunging crude prices, the result of plummeting demand in the face of the coronavirus. According to Bloomberg News, Western Canada Select crude oil collapsed 90…
Fort McMurray evacuates as floodwaters rise
April 28, 2020Floods have forced mandatory evacuations in parts of Fort McMurray,, even as Alberta tries to stem the spread of the coronavirus. The Regional Municipality of Wood Buffalo ordered mandatory evacuations of some residents that began on Sunday and were expanded…
LNG terminal, Trans Mountain on track despite pandemic
April 27, 2020Energy projects like an LNG Canada export terminal and the Trans Mountain pipeline expansion may face short-term setbacks but the pandemic and oil price crash shouldn’t threaten their long-term viability, economists say. Andrew Leach, an energy economist at the University of Alberta, told Canadian Press the long-term forecast…
