Wellhead Equipment Procurement Research – Market Trends and Spend Analysis by SpendEdge

“Also, North America is considered as a major market for wellhead equipment, owing to the recent rise in E&P activities,” added Bhuvaneshwari. … In recent years, the market dynamics with respect to oil and natural gas production is experiencing changes, owing to the presence of organizations such as …

PSAC now forecasting a 32 percent drop in drilling activity in BC this year

“While our oilfield services sector is marginally busier than it was last year at this time, this hasn’t necessarily translated into financial bottom lines that signal business sustainability,” said PSAC President and CEO Tom Whalen. “In fact, we still have a number of services companies making staff reduction …

Rallying for RNG

Tell us about the inception of the Coalition for Renewable Natural Gas, its mission and vision. The Coalition for Renewable Natural Gas (‘RNG Coalition’ for short) serves as the public policy advocate and education platform for the renewable natural Gas industry in North America. In 2011, co-founders …

B.C. submits court reference to regulate oil flow from Trans Mountain pipeline

The B.C. government has released some details about a court reference case that questions whether the province can regulate the flow of oil from the $7.4-billion Trans Mountain pipeline expansion. Premier John Horgan says the government has sent draft legislation to the B.C. Court of Appeal, with a question about constitutional issues. “B.C. should have a […]

Slower growth ahead for key oilsands producers as logjams hit output

Canada’s oilsands are getting a taste of their slower-growth future. Husky Energy Inc. on Thursday became the second big oilsands producer to say that it throttled back first-quarter production in response to steeper discounts for Canadian crude. Those wider differentials stem from Alberta’s dearth of pipelines and railroads to haul crude to refiners. Rival oil-sands […]

Exelon Announces Plan to Further Reduce Its Greenhouse Gas Emissions by 15 Percent

Exelon’s fleet of emissions-free nuclear, solar, wind and hydro power plants currently accounts for one-ninth of all clean energy produced in the U.S. In … Exelon’s six utilities deliver electricity and natural gas to approximately 10 million customers in Delaware, the District of Columbia, Illinois, Maryland, …

Proof that the Clean Power Plan’s strategy for cutting carbon pollution is the industry standard

As of 2017, the lifetime cost of unsubsidized wind and utility-scale solar is now below that of coal and on par with the cost of natural gas combined cycle … American Electric Power, the nation’s largest generator of electricity from coal, laid out a strategy in February to reduce carbon pollution by 60 percent …

North American renewable energy company Invenergy joins Aquilon’s Energy Settlement Network®

The firm’s Energy Settlement Network (ESN®) enables energy participants of all sizes to manage, access and settle large volumes of power, oil and natural gas transactions with their counterparties. The company, which was named the 2017 Innovation of the Year by Energy Risk magazine, is based in …

Husky Energy reports increased profit from year ago

Husky Energy Inc. reported a first-quarter profit of $248 million, up from $71 million a year ago, as it lowered its annual production guidance. The energy company says the profit amounted to 24 cents per share for the three months ended March 31, up from six cents per share a year ago. On an adjusted […]

Three Risks That Are Haunting Big Oil

In the UK, climate related risk has moved from the NGO agenda to that of asset managers. A recent survey reported that fund managers believe International Oil Companies (IOCs) will be negatively revalued within a few years due to climate change related…

Varcoe: UCP wants auditor to tally costs of Alberta’s electricity upheaval

The chief executive of the Alberta Balancing Pool has suddenly left the organization. And the electricity industry’s watchdog, the Market Surveillance Administrator (MSA), is still searching for a permanent head, seven months after the previous one left. Now, the official Opposition wants Alberta’s auditor general to delve into the province’s ongoing electricity issues. United Conservative […]

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