BC economy forecast to advance by 2.6%, Alberta by 1.9%, Saskatchewan by just 1.3% All provinces can expect slower economic growth this year as a number of factors—ranging from uncertainty over NAFTA, stalled oil pipeline [Read more]
Electricity power sector still accounts for 40% of energy-related greenhouse gas emissions The role of electricity in our economies and societies is growing rapidly. The power sector is becoming a critical actor in the global [Read more]
As of March 29, Alberta rig count is 114, down from 208 on March 2 Baker Hughes says the international rig count for March 2018 was 972, down 7 from the 979 counted in Feb. [Read more]
Wave of large projects post-2019 could signal new cost cycle underway As previously forecasted by Wood Mackenzie, 2017 saw a significant recovery in upstream FIDs (Final Investment Decision), with the number of project sanctions more [Read more]
“We’re committed to addressing the risks of climate change while delivering the energy that benefits societies and economies.” Chevron Corporation published its second report describing the company’s approach to managing climate change risks and its [Read more]
Possible US crude production could soon overtake Saudi Arabia and rival Russia’s International Energy Agency commentary The price of Brent crude oil closed earlier this week above $70/bbl for the first time since Dec. 2 [Read more]
Trinidad says it aims to become drilling company with lowest cost structure among competition Calgary-based Trinidad Drilling is lowering its 2018 general and administrative expenses to $43 million following a thorough review of its cost [Read more]
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