Mammoet Moves 800 Ton in Alberta
Weighing over 800 ton - roughly four times the weight of a blue whale -, and spanning over 300 ft., the splitter vessel is the biggest load to ever be moved on Alberta's highways.On the evening of January 6th Mammoet began the transport for the giant splitter vessel. The vessel left Dacro Industries, where it was constructed, and began it’s 3 day transport journey from Edmonton to Fort Saskatchewan, AB.The splitter vessel is a key part of the process at Inter Pipeline’s Heartland Petrochemical Complex where propane will be converted into recyclable plastic pellets…
Canada's Alberta Will Buy Rail Cars to Transport Crude
Canada's energy-rich province of Alberta is in talks to buy rail cars to transport 120,000 barrels per day of crude oil and expects a deal to conclude within weeks, Premier Rachel Notley said on Wednesday.Notley, who says the cars are needed to help deal with a glut of oil that has slashed the price of Alberta oil, told a business audience in Ottawa she was disappointed the federal government was not helping fund the purchase.Full pipelines have stranded much of Western Canada's expanding crude output, driving down the price U.S. refineries are willing to pay.
Deep Casing Tools Re-enters Canada
Aberdeen-based oil field technology firm Deep Casing Tools (DCT), which specialises in the design and manufacture of casing and completion tools, has agreed a pact with a Canadian distributor, ProTorque Connection Technologies (PTCT).The partnership with ProTorque, a tubular running service business, will see Deep Casing Tools re-enter the Canadian market, which historically was a successful region for the company.Deep Casing Tools previously had an office in Alberta, Canada, but during the more challenging times of the oil and gas industry downturn and a reduction in drilling activity…
Largest Oil Shipment Sent from Vancouver to China Since 2015
An Aframax tanker is scheduled to deliver the largest shipment of crude oil from Vancouver to China since January 2015 later this month, Thomson Reuters trade flow data show.For years, Canadian officials have pushed for an escalation in crude exports to rapidly growing Asian markets, but companies in the oil-rich Alberta have limited capacity to move crude to the nation's western coastline.That makes Canadian crude exports from Vancouver to Asia rare, but shipments have picked up in recent months, with oil tankers to China, Thailand and South Korea departing in April and July.
Mullen Group Closes Acquisition of Canadian Hydrovac
The oilfield trucking provider Mullen Group has announced the closing of the acquisition of hydro excavation company Canadian Hydrovac (CHL). CHL is a private company owned by Dan Shemanchuk which is based in Sherwood Park, Alberta. CHL is an industry leader in providing hydrovac services to the midstream, pipeline, construction and municipal sectors of western Canada. In addition to operating from its head office in the refinery complex of the greater Edmonton region and Alberta's Industrial Heartland…
Kwan re-elected vice chair, Vancouver Fraser Port Authority board
The Vancouver Fraser Port Authority board of directors has re-elected Eugene Kwan as vice chair for a third term commencing March 25, 2018. Mr. Kwan was appointed to the board of directors by the federal minister of transport as recommended by the Port User Group Nominating Committee. Mr. Kwan is also a member of the Governance and Stakeholder Relations Committee and the Major Capital Projects Committee. The Vancouver Fraser Port Authority’s board of directors is composed of 11 members: one federal appointee…
G3 Canada Grain Terminal to Open ahead of Schedule
Canada's biggest grain terminal on a throughput basis plans to open at Port Metro Vancouver in 2019, nearly one year ahead of schedule, the chief executive of grain handler G3 Canada Limited said on Friday. The terminal, capable of handling 8 million tonnes of crops annually on the north shore of Burrard Inlet, will be the first new grain facility in 50 years at the port, Canada's busiest. G3's terminal and its country elevators that buy farmers' crops are designed to include the fastest rail and ship loading times in Canada…
Canada to Roll Out First Propane Export Terminal
Royal Vopak and AltaGas have entered into a joint venture and will invest together in the development of the Ridley Island Propane Export Terminal (RIPET). RIPET is expected to be the first propane export facility off the west coast of Canada. The project is to be designed to ship 1.2 million tonnes of propane per annum, with approximately 96,000 cubic meters of storage capacity. The facility is expected to be commissioned in Q1 2019. Vopak will take a 30 percent interest in RIPET.
Prince Rupert Port to Boost Agricultural Exports
The Port of Prince Rupert announced an expansion project for containerized cargo on Ridley Island that will help crops from the Canadian agricultural industry reach international markets while expanding intermodal logistics capacities at the Port of Prince Rupert. Ray-Mont Logistics is developing an integrated logistics and container loading operation at the south end of the Ridley Island Industrial Site on the recently-constructed Road, Rail and Utility Corridor. The operation will involve pulses and cereals (such as lentils…
Trump, Trudeau to Discuss Trade on Monday
President Donald Trump will host Canadian Prime Minister Justin Trudeau on Monday, the White House said on Thursday, a meeting in which trade and a major crude oil pipeline are likely to be on the agenda. The meeting will be the first for the two men since Trump won last November's election. "President Trump and Prime Minister Trudeau look forward to a constructive conversation on strengthening the relationship between our two nations," the White House said in a statement. Canada…
Canada July Trade Deficit Shrinks as Non-energy Sector Shines
Canada's trade deficit in July unexpectedly shrank on stronger non-energy exports, a sector the Bank of Canada says is crucial to helping revive an economy hit by low oil prices. Statistics Canada said on Friday that the July deficit was C$2.49 billion ($1.90 billion), lower than the C$3.25 billion shortfall predicted by analysts in a Reuters poll and below the record C$3.97 billion in June. Exports jumped by 3.4 percent, the biggest month-on-month gain since last December, on healthy gains in the motor vehicles and parts…
Canada Wildfire Explodes in Size, Approaches Oil Sands Project
A raging Canadian wildfire grew explosively on Saturday as hot, dry winds pushed the blaze across the energy heartland of Alberta and threatened to burn close to an oil sands project. The fire that has already prompted the evacuation of all 88,000 people who lived in the city of Fort McMurray was set to double in size on Saturday, the seventh day of what is expected to be the costliest natural disaster in Canada's history. Provincial officials praised evacuees for their patience and…
Genoil Appoints Consultancy BLUE
Genoil Inc. (GNOLF), the publicly traded clean technology engineering company for the petroleum industries, today announced the appointment of BLUE Communications Ltd, a leading communications and business consultancy specializing in the marine, energy and environment sectors. BLUE will support Genoil’s management team in effectively positioning Genoil within the shipping industry, and helping the company to unlock the significant potential for its proprietary technology, the Hydroconversion Upgrader (GHU), which converts heavy crude oils and refinery bottoms into clean burning fuels.
UPS Oposes CP-NS Merger
UPS, one of North America’s largest intermodal shippers, has told federal regulators that it is against Canadian Pacific Railway's (CP's) proposed acquisition of Norfolk Southern Corp. (NS). UPS' thumbs-down has dealt a severe blow to CP's $28 billion bid to acquire U.S. eastern railroad NS. UPS Inc. is the largest transport company in the U.S. and one of the nation's biggest users of intermodal services. UPS has asked the Surface Transportation Board (STB) to reject the proposal on grounds that it will lead to diminished service levels and higher costs.
Alberta Panel to Review Climate-change Policy
The Canadian province of Alberta, the biggest source of U.S. oil imports, announced the members of its climate change policy review panel on Friday, part of its pledge to implement new rules on greenhouse gas reductions. Environment Minister Shannon Phillips said the panel would offer recommendations to the government by early November, ahead of a key United Nations climate change conference in Paris in December, but did not say when new GHG targets are likely to come into effect.
Alberta Investigating Bird Deaths at Oil Sands Site
Alberta's energy regulator said on Saturday it is investigating reports that about 30 blue herons have died at a Syncrude Canada oil sands mine site in the northern part of the Canadian province. The Alberta Energy Regulator said it sent investigators to the Syncrude Canada Mildred Lake site, which is about 40 km (25 miles) north of Fort McMurray. In 2010, Syncrude was fined C$3 million ($2.29 million) for negligence in the 2008 deaths of 1,600 ducks in a toxic waste pond, a case that fueled international concern about the environmental impact of developing Canada's oil sands.
AAL Expands into Prince Rupert
AAL, one of the world’s leading global breakbulk, project cargo and heavy lift shipping operators, has strengthened its foothold in the oil rich mining region of Northern Alberta, by expanding its popular ‘Pacific Service’ liner route to include the British Columbia Port of Prince Rupert. Its inaugural sailing into the Canadian port on May 10 2015 was with a cargo of process units for a major new oil sands project in Alberta. The Port of Prince Rupert, with its newly established road and rail links…
Tanker Demand Picks-up in Canada
Canada’s role in the oil industry has changed dramatically in recent years driven by synthetic crude oil production in the oil sands of Alberta. New plans for Energy East, a cross-Canada West to East pipeline with a capacity of 1,100kb/day are being put forward to allow the movement of diluted domestic oil from the West to the import dependant Eastern provinces. With a light sweet requirement in the Eastern provinces the question might be raised on why there is a need for a pipeline to transport the heavy bituminous oil sands from the West if Eastern refineries could not process them.
Canadian Oil Sands Woes Reach Maritimes
Cory Troke joined the exodus west two years ago, leaving scenic but job-scarce Cape Breton, Nova Scotia, after being laid off as a machinist. Troke, 37, headed to the Alberta oil sands, apprenticing as a pipefitter and finding 19 months of steady work, flying in for two weeks, returning home for one. By October Troke was out of work again, and he was not alone. A downturn driven by tumbling crude prices is causing turmoil in an island economy that has grown dependent on workers commuting more than 3,000 kilometers (1,860 miles) west.
Northwest Passage Cruises Increasing Popularity
In response to increased demand for travelers wanting to discover the Arctic, One Ocean Expeditions has introduced an additional Northwest Passage voyage into its Canadian Arctic schedule for 2015. One Ocean Voyager/Akademik Sergey Vavilov – the ship that was involved in the Victoria Strait Expedition last summer – will sail from Kangerlussuaq to Cambridge Bay on a 12-night voyage, August 11-23, 2015. For this voyage, guests will join a One Ocean Expeditions charter flight from Ottawa to Kangerlussuaq, West Greenland where they board the ship.
STATS Group Appoint Technical Directors
Pipeline engineering specialist STATS Group has appointmented two directors to its management team to oversee the company’s design engineering functions. Bill Herron takes on the role of Group Technical Director and will be responsible for STATS’ product development, standardization and project design requirements for UK, European, Middle East and Far East markets. Assisting him will be Winnipeg-based Doug Krokosz, who as Technical Director for the USA and Canada will provide…
Battle Over Keystone XL Pipeline
Nebraska's Supreme Court ruled against a challenge to the Keystone XL oil pipeline's route through the state on Friday, clearing the way for the Republican-controlled U.S. Congress to try to force President Barack Obama to approve the project. The 1,179-mile (1,900-km) pipeline would send up to 830,000 barrels per day of oil sands crude from Hardisty, Alberta, across the U.S. border to Steele City, Nebraska, where it would connect with the project's already-built Gulf Coast leg.
Zargon Oil & Gas Confirms Cash Dividend
Zargon Oil & Gas Ltd. confirms that the monthly cash dividend for the month of November in the amount of Cdn. $0.06 per common share will be paid on December 15, 2014 to shareholders of record on November 30, 2014. Unless otherwise indicated, all dividends paid by Zargon are "eligible dividends" for Canadian tax purposes. Based in Calgary, Alberta, Zargon's securities trade on the Toronto Stock Exchange and there are currently 30.175 million common shares outstanding. Zargon Oil & Gas Ltd.
Canadian Pipeline Expansion Continues
Kinder Morgan Energy Partners said on Friday that crews have resumed survey work related to its Trans Mountain pipeline expansion project in the Vancouver suburb of Burnaby, even as Canadian police arrested more protesters at two work sites. Kinder Morgan said it was able to move its equipment onto Burnaby Mountain overnight and that crews would be working 24 hours a day for the next 10 to 12 days to complete drilling work required by regulators. The company, which hopes to nearly triple the capacity of the existing 300…
Zargon Oil & Gas Sells Hamilton Lake Assets
Zargon Oil & Gas Ltd. announces that it has entered into a definitive purchase and sale agreement to sell its Hamilton Lake property for $25 million. Zargon has entered into an agreement to sell its petroleum and natural gas assets in Hamilton Lake for a total consideration of $25 million that is comprised of $22.5 million in cash (before adjustments) and $2.5 million in marketable securities. This transaction is scheduled to close prior to December 31, 2014 and is subject to customary industry closing conditions.
Zargon Cash Dividend for December 2014
Zargon Oil & Gas Ltd. confirms that the monthly cash dividend for the month of December in the amount of Cdn. $0.06 per common share will be paid on January 15, 2015 to shareholders of record on December 31, 2014. Unless otherwise indicated, all dividends paid by Zargon are "eligible dividends" for Canadian tax purposes. Based in Calgary, Alberta, Zargon's securities trade on the Toronto Stock Exchange and there are currently 30.175 million common shares outstanding. Zargon Oil & Gas Ltd.