Industry News

Government and Policy
Canada Gov Supports Hibernia Project
The Premier of Newfoundland and Labrador, Andrew Furey, has announced financial support for the Hibernia Project. Under the support package, Hibernia Management and Development Company Ltd. (HMDC) will receive up to $38M
New Mexico land boss ends fresh water sales for oil and gas
The New Mexico State Land Office announced that it will be halting the practice of allowing fresh water to be pumped from state trust land and sold for use in oil and gas development. Land Commissioner Stephanie Garcia
Alberta to introduce legislation on geothermal regulations this fall in bid to diversify energy sector
The Alberta government is aiming to implement new geothermal regulations this fall to tap into demand for green technology projects on former oil and gas well sites. Geothermal projects are currently assessed on a case
Province reveals Natural Gas Vision and Strategy
Alberta Premier Jason Kenney says the province’s newest plan to help the energy sector rebound will meet growing global demands for clean and sustainable energy by building on Alberta’s success in natural gas.
Arctic Energy Office Reestablished
The U.S. Department of Energy (DOE) has announced the reestablishment of its Arctic Energy Office (AEO), which will be located on the campus of the University of Alaska, Fairbanks. According to its new website, the AEO
Alberta Announces New Framework To Speed Up Oil And Gas Reclamation
The Alberta government announced a new Liability Management Framework (the Framework) aimed at expediting the cleanup of orphan and inactive well sites. The Framework signals a more active approach to reclamation .......
New CEO for Canada Energy Regulator
Gitane De Silva was sworn in as the Canada Energy Regulator’s (CER) new chief executive officer earlier this week at a small ceremony at Calgary’s Central Memorial Park, the CER revealed in a statement posted on its.....
Canada: Alberta Announces New Liability Management Framework
On July 30, 2020, the Government of Alberta announced that it will introduce a new oil and gas Liability Management Framework over the coming months. The framework is intended to accelerate the responsible reclamation of
Out with the old in Canada
The Canadian Government has launched a billion-dollar oil and gas site rehabilitation program. Although Canada is a nation at the forefront of the oil and gas industry, a crowded history of exploration and construction
Alberta overhauls system to clean up old oil and gas wells, with 90,000 sitting idle
The Alberta government is revamping how it regulates oil and gas producers in an attempt to start addressing the province's swelling inventory of inactive oil and gas wells. The biggest change will be introducing a......
John Weissenberger hired as VP of Alberta Energy Regulator
Premier Jason Kenney's campaign manager and an outspoken human-caused global-warming skeptic has been hired as the Alberta Energy Regulator's new vice president of its science and innovation branch.
Fossil Fuel’s Answer to Climate Change Just Got Less Expensive
Carbon capture, the fossil-fuel industry’s favorite weapon against climate change, has never really caught on because of the expense. That may be about to change. The Internal Revenue Service recently issued crucial....
U.S. energy regulators authorize AGDC's proposed Alaska LNG project
The U.S. Federal Energy Regulatory Commission said Thursday it authorized construction and operation of Alaska Gasline Development Corp’s (AGDC) proposed $43.4 billion Alaska liquefied natural gas (LNG) export project.
Governor signs Oil and Gas Produced Water and Waste Recycling and Reuse Act into law
Legislation designating who owns and is responsible for wastewater resulting from oil and natural gas drilling operations was signed into law on Tuesday by Gov. Kevin Stitt. By Sen. Dave Rader, R-Tulsa, Senate Bill 1875
Alberta Expands Orphan Well Association's Powers
Alberta has expanded the powers of the Orphan Well Association (OWA) to allow production and operation of wells, pipelines and facilities in its custody. On April 2, Bill 12: Liabilities Management Statutes Amendment Act
Relief for Industry During COVID-19 Pandemic Response
Physical distancing and other safety protocols that have been put in place to support the COVID-19 response may impact the availability of industry staff and limit capacity to comply with reporting requirements. Alberta
An open letter to Canadians from oil and gas workers
Dear fellow Canadians, Canada’s oil and gas workers need your help. The perfect storm has turned into the perfect tsunami for the Canadian oil and gas industry. After five years of battling anything and everything we...
Province appoints seven to Alberta Energy Regulator board
The provincial government named seven people to the Alberta Energy Regulator board of directors on Wednesday, a move that will stabilize its governance and leadership, says the provincial government in a release.
Alberta Energy Regulator names senior Saskatchewan government official as CEO
Laurie Pushor, Saskatchewan’s deputy minister of energy and resources, is to take over the Alberta Energy Regulator’s top job April 15. The agency is tasked with overseeing the development of the province’s oil, gas...
Ottawa prepares multibillion-dollar bailout of oil and gas sector
The federal government is preparing a multibillion-dollar bailout package for Canada’s oil and gas sector that is expected to be unveiled early next week, sources say. Federal and Alberta government insiders are saying
 
COMMODITY INDEX

NEWS CATEGORIES