Alberta ///

Keystone pipeline springs leak as extension decision nears

Days before Nebraska regulators are set to rule on TransCanada Corp.’s XL extension to its Keystone pipeline, the existing conduit has sprung a major leak.

Intelligent artificial lift systems improve digital oilfield operations

Srikanth Mashetty, Rockwell Automation

As oil prices remain ‘lower for longer,’ intelligent systems help optimize production.

TransCanada to pressure Alberta on Keystone capacity

TransCanada Corp. is pressing the Alberta government to buy capacity in its Keystone XL pipeline, seeking the same type of support the province had pledged for its canceled project to the Atlantic coast, people familiar with the matter said.

Cubility signs distribution agreement for solids control technologies in U.S., Canada

Cubility AS, a provider of solids control solutions that improve drilling efficiency, solids control and HSE around the drilling process, has announced two exclusive distribution partnerships with Calgary-based New Tech Solids Inc and Houston-based Stage 3 Separation.

Cenovus sells to Lundin empire to help pay off ConocoPhillips deal

Cenovus Energy Inc. is selling oil and gas assets in Southern Alberta to the Swedish-Canadian Lundin family’s commodities empire, the latest effort to pay the tab on its takeover of ConocoPhillips’ oil-sands operations.

Canadian Natural Resources buys Cenovus' Pelican Lake project for $787 million

Canadian Natural Resources Ltd. agreed to buy Cenovus Energy Inc.’s Pelican Lake heavy-oil project and other assets in northern Alberta for C$975 million ($788 million), bulking up its operations in the area.

Canada continues its fight for recovery during arduous times

Robert Curran, Contributing Editor

Amid increasing political uncertainty and a stagnant unemployment rate, Canadian operators are still fighting to regain E&P stability and drive pipeline projects forward.

CNOOC announces the start of production at Hangingstone in Alberta

CNOOC Limited has announced that the Hangingstone project in Canada has already commenced production.

Petronas halts $29-billion western Canada LNG project

Malaysian state-owned energy company Petronas will not proceed with a proposed C$36-billion ($28.8 billion) liquefied natural gas (LNG) project in western Canada because of weak global prices, the company said on Tuesday.

Kinder Morgan's Trans Mountain pipeline to see little progress this year

No major construction will happen on Kinder Morgan Canada Ltd's Trans Mountain pipeline expansion this year, although construction remains on schedule to begin in September, company President Ian Anderson said on Wednesday.

Apache Corp. announces exit from Canada

Apache Corporation has announced that it will complete an exit from Canada upon the closing of three recent transactions.

Industry, government collaboration key to competitiveness of Alberta’s energy sector

The provincial government and the energy industry could create more than 24,000 new jobs for Albertans and grow the province’s economy by nearly $5 billion over the next three years by working together to enhance the competitiveness of Canada’s leading trade sector, according to report, A Competitive Policy and Regulatory Framework for Alberta’s Upstream Oil and Natural Gas Industry, by the Canadian Association of Petroleum Producers (CAPP).

Alberta Premier Notley fires back at opposition during GPS, touts accomplishments

In an appearance just three weeks after the two-year anniversary of her New Democratic Party gaining a majority in the Province’s Legislative Assembly, Alberta Premier Rachel Notley spoke on Wednesday about her administration’s accomplishments and seemed to be issuing a rebuttal to her official opposition.

Alberta’s opposition leader outlines his energy vision at Global Petroleum Show

The organizers of Canada’s largest oil and gas event, the Global Petroleum Show (GPS), tried something new this year by staging a speaker series directly on the exhibition floor, in Hall E. There, on a makeshift stage, “thought leaders” would share their ideas, opinions and expertise on a variety of topics facing the energy industry.

Alberta regulator to review challenge to Kinder Morgan IPO

The Alberta Securities Commission is reviewing an environmental group’s request to halt a $1.28 billion share sale that Kinder Morgan Inc. plans to help finance the expansion of its Trans Mountain pipeline.

Cenovus acquires assets from ConocoPhillips in western Canada

Cenovus Energy Inc. has closed its previously announced purchase of assets in western Canada from ConocoPhillips after receiving all necessary regulatory approvals for the transaction.

PSAC raises Canadian drilling forecast by more than 2,500 wells for 2017

The Petroleum Services Association of Canada (PSAC), in its second update to the 2017 Canadian Drilling Activity Forecast, announced its revision of the forecasted number of wells drilled (rig released) across Canada for 2017 to 6,680 wells.

Alberta's McCuaig-Boyd sees glass half-full in oil-sands deals

The $20 billion of oil-sands assets that Canadian producers bought from foreign companies in a recent spate of deals shows they’re doubling down on their operations and the region’s resources, Alberta Energy Minister Marg McCuaig-Boyd said.

Return Energy acquires Rycroft area gas production in Alberta

Return Energy Inc. has acquired, through its wholly-owned subsidiary, Winslow Resources Inc., certain partner interests in its core area of Rycroft, north of Grande Prairie, Alberta, for cash consideration of $750,000 (subject to final adjustments).

PSAC announces government funding for beleaguered oil and gas services

The Petroleum Services Association of Canada (PSAC) was pleased to hear the federal government will provide a one-time payment of $30 million to the Government of Alberta to “support provincial actions that will stimulate economic activity and employment in Alberta’s resource sector.”