Industry News


Alberta Targets $1.5 Billion Upgrader to Get More From Oil
Alberta is working to encourage construction of a C$2 billion ($1.5 billion) partial-upgrading facility that would turn more of the province’s sludgy bitumen into higher-value products. The facility, designed by Calgary
Frac Water Demand in US Skyrockets
The demand for frac water in the United States is about to skyrocket, according to new research by Rystad Energy. While U.S. shale oil production is hitting record levels, Rystad has found that frac water demand has more
Oilpatch CEOs support Indigenous bid for Trans Mountain
Some oilpatch CEOs are supporting a bid by Indigenous groups in Western Canada to purchase the Trans Mountain pipeline and the proposed expansion project. Indigenous leaders are in Calgary this week to find consensus....
CME plans to launch e-auction for U.S. crude oil exports
CME Group said it plans to launch an electronic auction platform with U.S. energy firm Enterprise Products Partners LP in March to sell U.S. spot crude oil export cargoes. The United States became the world’s largest
Alberta plans to buy 7,000 railcars to ease 'crisis' in oil price differentials
Alberta needs to buy as many as 7,000 railcars if it wants to be able to meet its goal of shipping an additional 120,000 barrels of oil a day, says Premier Rachel Notley.
Oil and Water: Finding New Uses for Fracking Waste Water
Fracking requires a huge amount of water, a major concern in dry Western states that otherwise welcome the practice. But New Mexico thinks it can mitigate that problem by pushing oil companies to treat and recycle......
Formation water reduction technology proves successful in the field
Produced water, or formation water, is naturally occurring water that is brought to the surface during oil and gas production. It is by far the largest by-product for the industry. While there is significant variation in
Rachel Notley unveils carbon tax break for oil and gas drilling companies
Alberta Premier Rachel Notley is handing out tax breaks for oil and gas drillers along with criticism of Ottawa’s lack of appreciation for how damaging are current price discounts on western Canadian oil.
Light at the End of the Pipeline
Western Canada has the cheapest oil prices in the world. Canadian heavy oil is selling for $US 45 under WTI, light oil is selling for $US 25/B less. The price markdowns are costing the Canadian economy over $C 100MM
New Produced Water Blueprint Expected in 2019
According to the Ground Water Protection Council (GWPC), a U.S. association of state ground water regulatory agencies, more than 90 percent of produced water – laden with salts, organics, metals, solids and other