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Tag Archives: Alberta

Encana to sell some natural gas assets in Alberta for C$605 mln

Oct 8 – Encana Corp said it would sell some of its natural gas assets in southern and central Alberta for about C$605 million ($541 million) as it focuses on more lucrative oil and natural gas liquids. The sale of a majority of the Clearwater assets to Ember Resources Inc includes about 1.2 million net acres of land and over ...

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Nova Chemicals inks deal as anchor shipper for UTOPIA project

Houston-based midstream company Kinder Morgan Energy Partners announced it has received a long-term transportation agreement from Nova Chemicals Corp. to ship ethane and ethane-propane mixtures from the Utica Shale through its $500-million Utica To Ontario Pipeline Access (UTOPIA) project. The deal, the company said, means the project can advance, although more capacity remains available. The UTOPIA system is currently in ...

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In Keystone pipeline debate, Nebraska high court will have sway

gavel

Patrick Rucker | Reuters Nebraska’s top court will hear arguments on Friday about how the Keystone XL pipeline might cross the state – a narrow question of routing and permitting that has clouded the project’s fate after more than five years of wrangling at the federal level. At issue is a 2012 law that gave Governor Dave Heineman authority to ...

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Pembina buys pipeline to tap into Bakken shale production

Reuters Pembina Pipeline Corp, which operates regional pipelines in western Canada, said on Tuesday it has agreed to pay $650 million to acquire Vantage pipeline system, which carries up to 40,000 barrels per day of natural gas liquids from North Dakota’s Bakken shale field to southern Alberta. Pembina is also buying Mistral Midstream Inc’s interest in a Saskatchewan ethane processing ...

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Initial test wells in Western Alberta’s Duvernay shale posting huge results

John Deede | Shale Plays Media Google+ Prospects in Alberta’s Duvernay shale formation have attracted several large multinational oil and gas companies to bid up land in the area. The Duvernay formation has been estimated to contain 13 billion barrels of recoverable liquids, which puts it in competition with the Eagle Ford formation in Texas. Robert Baillieul for The Motley Fool reports: ...

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First Nations being courted to back tar sands refinery projects on their land

Elizabeth Douglass | InsideClimate News Despite last week’s approval from the Canadian government, uncertainty still dogs Enbridge Inc.’s Northern Gateway oil sands pipeline largely because of a vow from key aboriginal communities to block it. Others in the oil industry are trying hard to avoid the mistakes Enbridge made when it comes to approaching Canada’s powerful First Nations about projects that could ...

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Canada’s surprise light oil boom delights oil sands producers seeking diluent

By Nia Williams CALGARY Alberta (Reuters) – Canada is enjoying an unexpected boom in production of ultra-light crude known as condensate, defying long-held predictions of dwindling supply. This surprising bounty from one corner of Alberta, better known as the home to Canada’s vast tar-like oil sands reserves, is a boon for firms like Vermilion Energy Inc and Chevron who have ...

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Canada crude imports from U.S. nearly double year-on-year

Oil tank cars in twilight

Nia Williams | Reuters CALGARY, Alberta – Canada almost doubled imports of crude oil from the United States in April compared with the same month a year earlier, Statistics Canada data showed on Wednesday, as the U.S. light oil boom continued to displace barrels from overseas. Crude exports are restricted in the United States under decades-old legislation, but companies are allowed to ...

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Worker killed at Suncor oil sands site in northern Alberta

suncor energy

BY NIA WILLIAMS (Reuters) – A worker was killed at Suncor Energy Inc’s oil sands site in northern Alberta on Monday while performing maintenance on a piece of heavy equipment, a company spokeswoman said. Suncor spokeswoman Kelli Stevens said the man was an employee of North AmericanConstruction Group, which had been contracted to work on an area within Suncor’s base plant ...

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Total suspends work on Alberta Joslyn oil sands mine, cites cost

By Scott Haggett May 29 (Reuters) – Total SA is suspending design and engineering work on its C$11 billion ($10.15 billion) Joslyn oil sands mine in northern Alberta and laying off up to 150 Canadian staff by the end of the year as it looks to reduce costs at the project. Andre Goffart, chief executive of the French oil major’s Canadian unit, said ...

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