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Tag Archives: Alberta

Alberta regulator lets Nexen reopen some Long Lake pipelines

water pipeline at a valley in austria

TORONTO – Alberta’s energy regulator said late on Sunday it will allow Nexen Energy, the Canadian subsidiary of China’s CNOOC Ltd, to reopen some pipelines ordered closed following a major spill. The Alberta Energy Regulator said it would allow a restart of 40 of 95 pipelines closed at Nexen’s Long Lake oil sands operations after reviewing maintenance and monitoring documentation. ...

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Economist: ConocoPhillips Alaska job cuts will hurt, but it could be worse

The announcement this week by ConocoPhillips that it may cut about 120 jobs in Alaska is bad news for the economy, but a state labor department official said Wednesday the damage could have been worse. Neal Fried, an economist for the Alaska Department of Labor and Workforce Development, said Alaskans should be nervous, but not panicked about ConocoPhillips’ 10-percent job ...

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Aggreko acquires ICS Group

Aggreko, an energy company specializing in “modular, mobile power and related solutions” announced its acquisition of Canadian rental company ICS Group, Inc. Wednesday. The agreement entitles Aggreko to all ICS and ICS-related assets. Established in 1999, Alberta-based ICS specializes in temporary heating, concrete cure and ground thaw solutions for industries such as oil and gas, industrial, and restoration. In a ...

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Work at site of Nexen spill done on tight schedule

FORT MCMURRAY, Alberta – Infrastructure at the site in northern Alberta of one of the biggest oil-related pipeline spills ever on North American soil was installed on a “tight schedule,” according to the firm that developed some of the pipeline’s safety technology. The engineering firm, French-based ITP Interpipe, said in a June 2014 presentation to the Society of Petroleum Engineers ...

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Drilling support firm lays off dozens from Clearfield County office

job cuts

Calfrac Well Services laid off about 60 workers last week from its Chester Hill office. The cuts were due to slowed production of natural gas in central Pennsylvania that has left the company without any ongoing work, a company spokesman said. Calfrac, a Calgary, Alberta-based company that provides oil and gas exploration companies with acidizing, hydraulic fracturing, coiled tubing, nitrogen ...

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Canada’s Nexen says crews working around the clock at spill site

CALGARY, Alberta – Canada’s Nexen Energy said on Friday its crews in northern Alberta were working “around the clock” to clean up an oil sands pipeline leak that is one of North America’s largest-ever oil-related spills on land. The subsidiary of China’s CNOOC Ltd said it detected the spill at its Long Lake facility on Wednesday afternoon. The pipeline leaked ...

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Alberta royalty panel to deliver ‘measured’ recommendation by year-end

CALGARY – A review of royalty rates in oil-rich Alberta will focus on whether the Canadian province is adequately protecting its economy and revenues, regardless of whether commodity prices rise or fall, said the newly appointed head of the panel on Thursday. Dave Mowat, the chief executive of the provincially-owned financial services agency ATB Financial, was appointed in June by ...

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Alberta endorses calls for pan-Canadian climate change action

CALGARY – The leader of the oil-rich Canadian province of Alberta is endorsing calls from her counterparts to strengthen action to fight climate change. Alberta Premier Rachel Notley said on Tuesday that her government would sign a declaration made in April by other provinces that agreed to work together to press the federal government to take an “ambitious” position at ...

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Alberta energy minister inexperience a concern for industry

CALGARY, Alberta – Canada’s oil and gas industry is concerned about the inexperience of Alberta’s new energy minister, but is ready to give her the benefit of the doubt for now as she takes on the closely watched role, analysts and executives said on Monday. Marg McCauig-Boyd, a one-time teacher with a master’s degree in administration and leadership from San ...

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New Alberta leader says industry should upgrade more oil in province

TORONTO – Energy companies operating in Alberta should aim to upgrade more of the oil they produce within the province, Alberta’s newly elected premier said in an television interview. Alberta Premier Rachel Notley led the left-leaning New Democrats to a sweeping victory on Tuesday on promises that included energy industry reforms. Canadian energy stocks dropped following the win. Notley reiterated ...

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