Saskatchewan will be filing an amicus brief in support of 21 US states fighting President Biden’s decision to cancel the Keystone XL Pipeline. “The cancellation of this pipeline will have a significant negative impact on resource sector jobs in Saskatchewan and across North America,” Justice Minister and Attorney General Gordon Wyant said. “It will ultimately… Continue reading Saskatchewan Filing Amicus Brief In US Keystone Pipeline Lawsuit
Tag: profit
Canada Asks U.S. Court to Block Line 5 Pipeline Shutdown
Source: cbc.ca, May 13, 2021 Line 5, which runs through Michigan from the Wisconsin city of Superior to Sarnia, Ont., crosses the Great Lakes beneath the environmentally sensitive Straits of Mackinac. Canada is asking a U.S. court to stop the state of Michigan from shutting down a pipeline that supplies fuel to much of Ontario… Continue reading Canada Asks U.S. Court to Block Line 5 Pipeline Shutdown
Canada’s Largest Helium Facility Opens in Saskatchewan
Source: Jonathan Guignard, globalnews.ca, April 28, 2021 Canada has the fifth-largest helium resource in the world, with significant underground reserves in Saskatchewan. Saskatchewan now has the largest helium production facility in Canada after it opened near Battle Creek on Tuesday. Owned by North American Helium Inc. (NAH), the $32-million plant is expected to produce more… Continue reading Canada’s Largest Helium Facility Opens in Saskatchewan
Greening Of the Pipeline Grid
Solar project now supplies power to the Enbridge Mainline pipeline which runs through Alberta The southern prairies see greater than 2,400 hours of sunshine annually, compared to between 1,200 and 2,000 hours in the rest of Canada. It may not seem like it at times, but the prairies typically see some sunshine about 320 days… Continue reading Greening Of the Pipeline Grid
Canada’s Oilpatch Poised To Report First-Quarter Gush Of Cash
Source: Dan Healing The Canadian Press, globalnews.ca, April 19, 2021 On Friday, the WTI price settled at US$63.19 per barrel, a level at which most production in North America, including in the Alberta oilsands, is profitable. One year after oil prices crashed to their first and only negative close during a perfect storm of energy… Continue reading Canada’s Oilpatch Poised To Report First-Quarter Gush Of Cash
Canadian oil companies have begun revealing their profits
Source: Adam Macvicar, globalnews.ca, April 2, 2020 Profits may be slightly skewed as commodity prices were favorable in January and February before crashing in March. The oilpatch is accustomed to many ups and downs, but the situation they face now is uncharted for even the most battle-hardened veterans of the industry, since just about every… Continue reading Canadian oil companies have begun revealing their profits