CALGARY — A great deal of land was nominated but big pieces of it failed to attract any bidders as the Alberta treasury earned only $26 million in Wednesday’s drilling rights auction.
Read more: http://tinyurl.com/k29dpla
CALGARY — A great deal of land was nominated but big pieces of it failed to attract any bidders as the Alberta treasury earned only $26 million in Wednesday’s drilling rights auction.
Read more: http://tinyurl.com/k29dpla
Brian Parsons tries not to think about the prospects of selling his home on Bow Crescent N.W. in a few years time.
Read more: http://tinyurl.com/ms3mswt
Customers at St. Albert gas stations were in for a surprise Thursday morning as fuel prices dropped to about 99 cents.
Read more: http://tinyurl.com/ov63x4w
The Industrial Heartland continues to move forward, as was made clear at the recent Life in the Heartland’s industry and community information evening.
Read more: http://tinyurl.com/mkxzhvo
The nation’s largest public utility voted Thursday to close six coal-powered units in Alabama and replace two more in Kentucky with a new natural gas plant.
Read more: http://tinyurl.com/qzdjzoe
A drilling and service rig trade association is projecting a decrease in Canada’s well count next year. But the Canadian Association of Oilwell Drilling Contractors also expects the average time spent on those wells to increase.
Read more: http://tinyurl.com/mecndwg
If you scan the energy news headlines these days one of the themes that comes up repeatedly is the shale revolution. Technological advancements and capital investment are making possible the recovery of oil and gas resources in quantities that were considered unthinkable just a few years ago. Energy experts and commentators consider shale energy world-changing and transformational in terms of the economic and geopolitical impact it will have.
Read more: http://tinyurl.com/pmwzo74
CALGARY – Encana Corp. is cutting its workforce by 20 per cent, slashing its dividend and spinning off a huge chunk of its Alberta land holdings into a new public company as part of a “bold” strategy unveiled by its new CEO on Tuesday.
Read more: http://tinyurl.com/o52laqc
Sasol Canada hosted an open house on Wednesday, Oct. 30 to provide information to Strathcona County residents on their upcoming plans for the Gas-to-Liquids (GTL) plant slated for Alberta’s Industrial Heartland.
Read more: http://tinyurl.com/oybm6v5
The Petroleum Services Association of Canada is forecasting a decline in drilling activity next year, although well counts are becoming decreasingly relevant as a measuring stick of industry activity.
Read more: http://tinyurl.com/kscbuwv