Category Archives: News

Razor Energy Corp. Announces Third Quarter 2017 Results and Record Production

CALGARY, Alberta, Nov. 23, 2017 (GLOBE NEWSWIRE) — Razor Energy Corp. (“Razor” or the “Company”) (TSXV:RZE) (www.razor-energy.com) is pleased to announce its third quarter 2017 financial and operating results. Selected financial and operational information is outlined below and should be read in conjunction with Razor’s unaudited condensed consolidated interim financial statements and management’s discussion and [Read More…]

Source: BOE Report

Union for striking workers reaches tentative labor deal at Quebec zinc refinery

The United Steelworkers said on Thursday it reached a tentative agreement with Noranda Income Fund on a new labor deal for 371 striking workers at a zinc refinery in Salaberry-de-Valleyfield, Quebec. Zinc output at the plant, operated by a subsidiary of global mining giant and trader Glencore Plc , had dropped to 50 to 60 [Read More…]

Source: BOE Report

Pieridae Energy Limited: Sproule Update on Bourque

CALGARY, ALBERTA–(Marketwired – Nov. 23, 2017) – THIS PRESS RELEASE MUST NOT BE SENT TO U.S. NEWSWIRES OR DISTRIBUTED IN THE U.S. Pieridae Energy Limited (TSX VENTURE:PEA) (“Pieridae” or the “Company“) is pleased to announce the update of a report prepared by Sproule Associates Limited1 for its Bourque property. The partners on the Bourque project [Read More…]

Source: BOE Report

Keystone Clean-up to Last Several Weeks, Line Restart Unclear (Thursday, 23 November 2017)

The clean-up of an oil spill from TransCanada Corp’s Keystone pipeline may last several weeks, South Dakota’s environmental regulator said on Wednesday, but it is still unclear when the key artery will restart.

Last week, the Keystone system linking Alberta’s oil sands with U.S. refineries spilled 5,000 barrels in rural northeastern South Dakota, four days before neighboring Nebraska voted ...

Canada’s First Virtual Trade Show for the Oil and Gas Industry May 8th and 9th 2018

Early Bird Booth Rates End December 1st  To reserve your booth email: [email protected] Attendee Registration is Now Open Over the years we have seen a continual decrease in foot traffic at traditional oil and gas trade shows. Less of the right people are attending which means less networking opportunities for exhibitors. In addition, companies are [Read More…]

Source: BOE Report

Video – This powerful alliance of American states, cities, and businesses is picking up the mantle of climate leadership. Are you in? #YEARSproject #WeAreStillIn #WeCanSolveThis



This powerful alliance of American states, cities, and businesses is picking up the mantle of climate leadership. Are you in? #YEARSproject #WeAreStillIn #WeCanSolveThis

Source: FB-RSS feed for DeSmogBlog

Funds Managing $670 billion React to Norway oil ‘Revolution’ (Thursday, 23 November 2017)

Asset management in the Nordic region is dominated by Norway’s $1 trillion sovereign wealth fund, which last week said it wants to exit all its oil and gas stocks.

Bloomberg spoke with institutional investing heads in Sweden, Norway, Denmark and Finland who together help manage a total of $670 billion, to hear their reactions. Here’s what they said:

Seminal Moment

...

Maersk Drilling Enters into Alliance Agreement with Aker BP (Thursday, 23 November 2017)

Maersk Drilling has entered into a jackup alliance agreement with Aker BP ASA (Aker BP). The alliance is founded on a unique tripartite collaboration model that also includes service provider Halliburton. The alliance aims at lowering the cost per barrel for Aker BP and increasing profitability for the alliance partners.

The framework agreement is five years firm with the option ...

Potent greenhouse gas methane could be cut for ‘near-zero’ cost: study

OTTAWA – Canada’s oilpatch could get a big head start on reducing emissions of a powerful greenhouse gas for a “near zero” cost, says an academic study on the price of methane reduction. “Industry, as a whole, doesn’t suffer,” said David Tyner, a Carleton University professor whose analysis was presented recently at a conference in [Read More…]

Source: BOE Report

A police watchdog has today called for two reviews into law enforcement tactics handling anti-fracking protests…

A police watchdog has today called for two reviews into law enforcement tactics handling anti-fracking protests, in what has been described as “an authoritarian war” against the right to protest at a shale gas site in the UK. (via DeSmog UK) Watchdog Calls for ‘Urgent’ Review of Police Tactics at Fracking Protests A police watchdog has today called for two ...

Source: FB-RSS feed for DeSmogBlog

French Strike Disrupts Exxon And Total’s Oil Product Shipments

Oil product shipments at some refineries in France owned by ExxonMobil and Total SA were disrupted on Thursday as French labor union CGT is staging a 24-hour strike in the petroleum sector. Shipments of products at Exxon’s refinery in Fos sur Mer, as well as at Total’s Grandpuits refinery near Paris, have been disrupted, Platts reports, quoting union sources and ...

Source: Oilprice.com

Oil Production Cuts Taking A Toll On Russia’s Economy

The OPEC/non-OPEC production cuts hurt Russia’s economic growth in October, Economy Minister Maxim Oreshkin said on Thursday in the first negative comment about the pact from a high-ranking Russian official.   “Because of the OPEC deal we have a negative direct impact from oil production, as well as indirect effects related to low investment activity due to production limits,” Oreshkin ...

Source: Oilprice.com

“Love him or hate him, Donald Trump has done better for Alberta than our own leaders, and that should make us all angry.”

"Love him or hate him, Donald Trump has done better for Alberta than our own leaders, and that should make us all angry."

Column: Love him or hate him, Donald Trump is Alberta's President

Some love Donald Trump, while others despise him. The main thing these two groups have in common is they are unlikely to be convinced the ...

Source: FB-RSS feed for BOE Report

Pulse Oil Corp. Announces Approval to List Warrants

CALGARY, Nov. 23, 2017 /CNW/ – Pulse Oil Corp.  (“Pulse” or the “Company”) (TSX-V: PUL) announces that the TSX Venture Exchange has advised that the Share Purchase Warrants (“Warrants”) issued as part of Pulse's June 2017 financing will begin trading on the TSX Venture Exchange at the open on November 27, 2017 under the symbol [Read More…]

Source: BOE Report

80 Companies Join PESA Membership Luncheon Featuring Chris Fussell

Former Navy SEAL and New York Times bestselling author Chris Fussell gave a keynote address during PESA’s Membership Luncheon on October 30. Fussell, leadership consultant for McChrystal Group and author of “One Mission: How Leaders Build a Team of Teams,” spoke to the audience about how to make organizations flatter ...

Source: Tradequip Blog & Oilfield Industry News

In the remote north-eastern corner of Alaska, just under 20-million acres have been set aside as a federal protected area since 1960. The Arctic National Wildlife Refuge has recently come under threat, however, with President Donald Trump’s Department of the Interior proposing lifting restrictions on seismic exploration.

In the remote north-eastern corner of Alaska, just under 20-million acres have been set aside as a federal protected area since 1960. The Arctic National Wildlife Refuge has recently come under threat, however, with President Donald Trump’s Department of the Interior proposing lifting restrictions on seismic exploration.

Trump Eyes Arctic Wildlife Refuge for Oil Drilling, Alarming Gwich’in

In the remote ...

Source: FB-RSS feed for DeSmogBlog

Maduro Names Chavez’ Cousin As Citgo Boss

Venezuela’s President Nicolas Maduro appointed the cousin of late Hugo Chavez, Asdrubal Chavez, as the new head of PDVSA’s U.S. refining and marketing business, Citgo. The announcement comes in the wake of the arrest and removal of Citgo’s president and five senior executives earlier this week. The arrests were part of a larger-scale corruption crackdown that also saw nine ...

Source: Oilprice.com

WTI flips into big backwardation after pipeline spill: Kemp

U.S. crude futures prices have swung into substantial backwardation after a spillage on the Keystone pipeline severely reduced crude deliveries from Canada into the U.S. Midwest. U.S. crude futures, also known as West Texas Intermediate (WTI), are based on crude delivered into the tank and pipeline system around Cushing, Oklahoma. Futures prices are therefore very [Read More…]

Source: BOE Report

Any program with a reasonable chance of meeting the goals embraced by the 2016 Paris accords is likely to mean drastic changes in fossil energy markets.<br><br>Attacks on climate policies are not really about the science. They’re about the future of fossil fuels.

Any program with a reasonable chance of meeting the goals embraced by the 2016 Paris accords is likely to mean drastic changes in fossil energy markets.

Attacks on climate policies are not really about the science. They’re about the future of fossil fuels.

Why Meeting the Paris Climate Goals Is an Existential Threat to Fossil Fuel Industries

By Henry Kelly, ...

Source: FB-RSS feed for DeSmogBlog

Oil prices ease on rising output from U.S. producers

Oil slipped on Thursday on concerns that rising U.S. output would hamper OPEC’s attempts to tighten supplies, outweighing worries about the shutdown of a major U.S. pipeline. Brent crude traded at $62.92 per barrel at 1216 GMT, or 40 cents below its last close. U.S. light crude was down 16 cents on the day at [Read More…]

Source: BOE Report

Flash blog, Trinity Exploration, Range Resources

Trinity/Range It has been announced this morning that the previously announced deal between these companies by which Range were scheduled to acquire Trinity’s West coast assets has failed to obtain regulatory approvals in Trinidad. This means that the deal will

The post Flash blog, Trinity Exploration, Range Resources appeared first on Malcy's Blog.

China’s first all-electric zero-emissions cargo ship is going to be used to transport coal

A man sits at the wharf of the Port of Kaohsiung in southern Taiwan May 12, 2009. Three major Chinese shipping companies plan to invest in the biggest Taiwanese port in Kaohsiung, a top port official said on Tuesday, as China and Taiwan forge closer trade ties. REUTERS/Pichi Chuang (TAIWAN BUSINESS) - GM1E55C1HIO01

China, already the world’s biggest electric-vehicle market, is now using battery power to fuel cargo shipping as well.

A Chinese company has built a 2,000 metric-ton (2,204 tons) all-electric cargo ship, which was launched from the southern Chinese city of Guangzhou in mid-November, according to state-run newspaper People’s Daily.

The 70-meter long (229 feet) and 14-meter wide (45 feet) ...