Energy company’s bankruptcy may show lenders viewing industry differently: CAPP
On Wednesday, Trident Exploration of Calgary announced it was shutting its doors and abandoning 4,392 licensed wells, pipelines and other facilities. Continue reading
Alberta Energy Regulator
Calgary-based oil and gas company cites gas prices, tax bills, court decision as it shuts down
Junior oil and gas company Trident Exploration Corp. says it is ceasing operations and will turn over care of its 4,700 wells to the Alberta Energy Regulator. Continue reading
Ottawa will exempt oilsands from new reviews unless Kenney lifts emissions cap
The list indicates new in situ oilsands projects won’t have to go through the new review as long the hard cap imposed by former Premier Rachel Notley stays in place. Continue reading
AER member quits, claims he was targeted by UCP during campaign
By Kirby Bourne Digital Content Coordinator
Jason Kenney is to be sworn in as premier Tuesday and has promised that one of his first acts in the job would be to fire Whittingham. Continue reading
AER orders Vesta Energy to stop fracking ops immediately after Sylvan Lake earthquake
The Alberta Energy Regulator received a report from Vesta on March 4 at 6:20 a.m. that seismic activity with a magnitude of 4.32 was detected due to fracturing at the site. Continue reading
Fracking and the major role it plays in causing earthquakes in Alberta
By Tiffany Lizée Meteorologist
Of the roughly 2,800 earthquakes recorded in Alberta over the past three decades, almost half of those have occurred on prairie land. Continue reading
4.6 magnitude earthquake hits central Alberta near Red Deer
Natural Resources Canada said a 4.6 magnitude earthquake hit central Alberta near Sylvan Lake and Red Deer just before 6 a.m. on Monday. Continue reading
Alberta Energy Regulator OKs Fort Hills oilsands mine tailings plan but orders demonstration
It says it must present a research plan for its water-capping technology by September 2023. Continue reading
‘Making this up:’ Study says oilsands assessments marred by weak science
Standardized oilsands assessments would be faster, cheaper and more likely to produce a clear picture of what’s happening in northern Alberta, UBC biology professor Adam Ford suggests. Continue reading
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Abandoned well ruling from Supreme Court ‘credit negative’ for energy firms, says Moody’s
Moody’s says the ruling is also credit negative for banks and other creditors but adds it’s unclear how it will affect other industries and provinces going forward. Continue reading