Archive for the ‘International Unconventional’ Category

NOVA Gas Transmission Ltd. (NGTL), a wholly owned subsidiary of TransCanada Corp., will move forward with its $655-million (Can.) Saddle West project in the Western Canadian Sedimentary Basin.

Oil-sands investment can grow in Alberta despite the Canadian government’s carbon-pricing plan announced last month, according to a TD Bank economist.

Spartan Energy Corp. has agreed to acquire all of the southeast Saskatchewan assets belonging to fellow Calgary firm ARC Resources Ltd. for $700 million in cash.

Suncor Energy Inc., Calgary, said it expects its capital spending to reach $4.8-5.2 billion (Can.) in 2017. A midpoint would represent a $1-billion (Can.) decrease from 2016.

North West Redwater Partnership (NWRP) has let a contract to General Electric International Inc. subsidiary GE Water & Process Technologies, Trevose, Pa., to provide wastewater treatment and recycling technologies to help NWRP meet Canada’s stringent provincial water regulations at its greenfield bitumen refinery now under construction in Sturgeon County, about 45 km northeast of Edmonton, Alta.

“Terrible market conditions” will delay the sting of Alberta’s pending 100 million-tonne cap on greenhouse-gas emissions from oil sands work, says a Fraser Institute analyst.

Sinopec Ltd. reported that Fuling shale gas field in southwestern China produced a cumulative 3.76 billion cu m of gas from January to September. The 107% increase in production was accompanied by additional processing capacity of 5.5-6.5 bcm, the comp…

The minister responsible for the Alberta Climate Change Office has introduced legislation capping greenhouse gas emissions from oil sands work in accordance with the province’s Climate Leadership Plan announced a year ago.

AltaGas Ltd. of Calgary has reached final investment decision (FID) to move forward with construction of the company’s proposed North Pine propane extraction plant about 40 km northwest of Fort St. John, BC.

Tourmaline Oil Corp., Calgary, has agreed to acquire 206,000 net acres in western Canada from Royal Dutch Shell PLC affiliate Shell Canada Energy for $1.037 billion, or $1.369 billion (Can.).