Gascana AB Energy Ltd. is behind a plan to produce 3-thousand tonnes of liquefied natural gas at a facility proposed for Edmonton. Gascana is a joint venture company formed by China’s Qingdao Sinoenergy Corporation, Asiafic Clean Energy Limited of Hong Kong (a subsidiary of Qingdao Sinoenergy Corporation) and Petrox Resources, which is headquartered in Calgary. […]
Canada’s economy buoyed by hike in oil
Fighting in Iraq has crude oil prices on the rise. As a result, some Canadian economists say our country stands to benefit. Although Scotiabank commodity market specialist Patricia Mohr feels a hike in prices will have a “two-pronged impact.” Adding, “on the positive side, it really bolsters earnings for Western Canada’s oil industry, but also […]
Rocky relationship result of Keystone XL pipeline delays
Is it prudent behaviour or fear of making a decision? The Obama government in the US has spent more than 2100 days reviewing the Keystone XL pipeline. The $7-billion dollar project is seen as a crucial development for Canada’s oil sands. As a result the Harper government has been lobbying hard for its approval. Alberta’s […]
2014 edition of the Global Petroleum Show the biggest ever
Global Petroleum Show 2014 drew 66-thousand people to Calgary between June 10th and 12th. The success of this year’s event bodes well as it will now take place annually instead of ever two years. Wes Scott of dmg :: events, which hosts the show GPS is excited about staging the massive event every year from […]
Keystone XL pipeline project may be vulnerable
Getting TransCanada’s Keystone XL pipeline approved has been quite a battle for the oil company and its supporters. If it is built, one group says the battle could escalate. A report by NextGen Climate is suggesting the oil pipeline would be vulnerable to attacks, the result of which could ruin water supplies for millions of […]
Delays over Keystone XL leads to push for pipeline to the east-not Asia, Canada
TransCanada Corp. has been mired in political arguments in the US, stalling its proposed Keystone XL pipeline. So the Calgary company is looking at the east coast instead of going south. Canadian oil sands producers are encouraged by the route which would be another option to get their product to market. One that would not […]
Californians wonder how safe shipping oil by rail is?
How safe is shipping oil by rail? That’s a question being asked in California. It’s because Canada is going to be stepping up its shipments of oil by rail. Some of those trains will be heading south of the border into North Dakota and on to California refineries. One politician is calling for a study […]
Convincing public oil industry is safe can be a tough sell
Ensuring they have social licence to operate is a cornerstone of oil companies operations in North America these days. But it can be a hard sell when accidents occur. In one instance, a 75-hundred gallon (178 barrels) storage tank filled with crude oil emptied into Cache La Poudre River. It’s Colorado State’s only designated National […]
Atlantic Canada’s Oil and Gas Projects
When it comes to the oil and gas industry it might surprise you to know it is present in 11 of the country’s 12 provinces and territories. Alberta, Saskatchewan and Atlantic Canada are the top three producing regions. When it comes to the East Coast, the economic benefits to the region are in the $40-50 […]
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