Herald Energy

 

 

Decades before Arctic gas economical to ship

Arctic natural gas will be too expensive to transport south until around 2033, according to a study by the U.S. energy department.

A new report by U.S. energy regulators says Alaska natural gas won't make it to market for another 20 years, putting TransCanada Corp.'s ambitious $40-billion Alaska pipeline project in question.

 
 
 
 
 
 

Employment

Alberta's oil industry fuels average weekly earnings in the province.

Alberta average weekly earnings rise 6.6% from last year: StatsCan

Average weekly earnings of non-farm payroll employees in Alberta rose in October by the second highest...


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Niko Resources

Fire flows during testing of a Block 5C well offshore Trinidad and Tobago in this file photo supplied by Canadian Superior.

Calgary companies swap Trinidad block

Calgary junior Canadian Superior - renamed Sonde Resources earlier this year after emerging from court...


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Suncor

Suncor has pleaded guilty and been fined $200,000 for allowing run-off from road construction to flow into the Steepbank River.

Suncor fined $200,000 for river pollution

Oilsands giant Suncor Energy Inc. has been fined $200,000 after pleading guilty Wednesday to two violations...


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largefeature

A drop in U.S. oil inventories pulled up crude oil prices to a two-year high Wednesday morning on the New York Mercantile Exchange.

Crude oil prices breach $90 US per barrel

Crude oil futures hit two year high Wednesday after U.S. Energy Department reports large drop in stockpiles.


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Enbridge CEO Pat Daniel says his summer -- spent dealing with the fallout from two pipeline breaks in the U.S. -- was a challenge, but one he feels the company addressed in a responsible and respectful manner.

Enbridge CEO Daniel recalls year packed with challenges

Monday, July 26 started out like any other summer day in Calgary: sunny and warm with little indication of the thunderclouds gathering on the horizon.


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Construction on the Bison natural gas pipeline has been completed, with first volumes expected in the new year.

Bison natural gas pipeline ready to flow

Construction has been completed on TransCanada Corp.'s $600 million Bison natural gas pipeline which will ship volumes from Wyoming's prolific Powder River basin to the U.S. Midwest.


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Maintenance and high demand by shippers have reduced available nominations on Enbridge Inc.'s oil pipelines.

Enbridge extending rationing on oil pipelines

Enbridge Inc. extends rationing of oil pipeline space on major arteries into U.S. due to line restrictions and high nominations.


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The U.S. count for horizontal rigs - the type most often used to extract oil or gas from shale - dropped by 12 to 954 after holding at a record high of 966 in the previous two weeks.

Tertzakian: Unwrapping the gift of oil and gas prices

Being confident about 2011 oil and gas prices is a bit like being sure about what’s in a box under the Christmas tree. The consensus of most industry professionals is that the box contains low natural gas prices (hardly a gift) and rising oil prices (a gift that will have to be returned if too generous).


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Athabasca Oil Sands wins approval for Dover West expansion

Canada’s Athabasca Oil Sands Corp said it got regulatory nod for thermal-assisted gravity drainage tests at Dover West, letting it confirm commercial production capabilities at the Alberta project.


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Cirque du Soleil founder, Guy Laliberte, gestures while speaking at a press conference outside Moscow in Star City seen in this file photo.

Quebec study of potential shale gas pollution needs broader mandate: Cirque founder

Quebec's environment ministry should have been given a larger mandate to study the effects of extracting shale gas, Guy Laliberte, a philanthropist and creator of the Cirque du Soleil, said Monday.


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TransCanada flowing natural gas on Groundbirch line

TransCanada Corp. has started flowing natural gas volumes in its Groundbirch pipeline from northeastern British Columbia into Alberta, the corporation said Monday.


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Talisman Energy gains shale gas play partner for $1 billion as South Africa's Sasol bids on North American natural gas for first time.

Talisman sells 50% of shale gas play to South Africa's Sasol for $1B

Talisman Energy Inc. has sold 50 per cent of its Farrell Creek shale gas play to South African petrochemical giant Sasol for $1.05 billion, the companies said Monday.


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Peter Tertzakian
Peter Tertzakian

Tertzakian: Unwrapping the gift of oil and gas prices

Being confident about 2011 oil and gas prices is a bit like being sure about what’s in a box under the Christmas tree. The consensus of most industry professionals is that the box contains low natural gas prices (hardly a gift) and rising oil prices (a gift that will have to be returned if too generous).

 
 
Deborah Yedlin
Deborah Yedlin

Saint Nicholas pays a visit to world of business

'Twas the night before Christmas and all through the patch not a pumpjack was moving, not even a latch.

 
David Parker
David Parker

Nice homes on the ridge

Looking after eight-and 10-year-old grandchildren can hardly be called babysitting, more like chauffeuring. But staying in the West Springs area of southwest Calgary for a few days -- close to school, the Calgary Gymnastic Centre at Canada Olympic Park and Springbanks hockey arena gave me time to drive around this corner of the city.

 
 
 
 
 
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