It’s not much good for Alberta, but the low oil price does have its benefits for the country. According to Ranko Berich, Head of Market Analysis for Monex Europe our dollar is clearly tied to the price of oil. When oil goes up, the loonie soars. When oil drops, so does the lour currency. The […]
Innovation could be the key to oil sands survival
When the money was rolling in oil companies weren’t quite as concerned as they are now when it comes to finding new innovations to improve the bottom line. Mark Stanley with Themark Corporation says he used to have trouble just getting in the door a couple of years ago to try to sell oil executives […]
Are driverless vehicles just around the corner for the oil sands?
It seems like something out of the future – the distant future. But the idea of driverless trucks on the move in northern Alberta may not be that far fetched. Pete Arrigoni with Kenworth Trucks who was part of a panel discussion at the Oil & Gas Awards Industry Summit in Calgary says while such […]
Challenging times facing leaders in the oil industry
Leaders in the oil industry certainly have their plates full these days. Not only are they dealing with economic challenges of low oil prices, there are a number of other issues facing the industry. Near the top of that list is reputation. The industry is in a battle for its life against eco-groups who are […]
State of the oil industry
“There is pain across North America when it comes to the oil industry”. That comment came from Christopher Guith. The Senior VP-Policy for the Institute for 21st Century Energy with the U.S. Chamber of Commerce was talking to delegates at the Oil & Gas Awards Industry Summit. Guith told the crowd the oil industry is […]
Engaging First Nations is key to success for one company
A recipe for success in the oil sands for one company is partnering with the people who live in the region. Canada North Camps has opened camps in Alberta’s north for the oil and gas industry. In the process it has employed numerous aboriginals and also showed tremendous respect towards their traditions. John Fleming who […]
New Democrat; new government; new way of doing things
The new Alberta government likely has new ideas on how to deal with the oil patch compared to the last party in power. The Tories were friends to industry. No one is quite sure just yet just how friendly the New Democrats will turn out to be. They are saying the right things, that the […]
Global Petroleum Show honours industry leaders
This is a big year for the Global Petroleum Show in Calgary. In the past it was held every year, but because of the demand and popularity of the event it is now annual. For its first back to back year it started something new – the Global Petroleum Show Awards. There are six categories. […]
Global Petroleum Show starts tomorrow
Check in with iKan Media tomorrow when we will be bringing you news from The Global Petroleum Show in Calgary. Alberta’s new Energy Minister Marg McCuaig Boyd is bringing remarks on behalf of the Premier to the opening reception. iKan Media will be there Tuesday night for you. We will also be talking to industry […]
Global Petroleum Show almost here
Alberta’s new Energy Minister Marg McCuaig Boyd will be speaking on behalf of the New Democrat government at this years Global Petroleum Show in Calgary. It will be the first time in a long time that the province is represented by a party other than the Conservatives who were in power from 1971 until this […]
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