Industry News

Cold Lake oil sands project expands
Osum, a private Calgary oil sands producer, is selling a percentage of its future production to raise the funds to expand its Cold Lake Orion Thermal Project. The company is currently working on a 3,000-barrel-per-day
Canadian Pacific eyeing signs of life in crude by rail shipments
Canadian Pacific Railway Ltd sees shipments of crude by rail "coming alive a little bit," Chief Marketing Officer John Brooks said, signaling a pickup in a business that had been hurt by low energy prices and competition
China Says Natural Gas Demand to See Huge Growth this Year
China’s natural gas consumption will increase this year on the back of continued policy backing from Beijing, as part of a broader clean-energy drive to replace coal with natural gas and other efforts to reduce chronic
'A culture of living with water': Dutch flood expertise a major export
On a calm, clear morning, historic wooden fishing boats float tranquilly on the glassy waters of the Dutch harbour of Spakenburg. Yet just over a century ago, they were slamming through the houses lining the harbour as
Canadian Natural proposes bitumen-only expansion at its Horizon oilsands mine
Canadian Natural Resources Canadian Natural Resources Ltd. is considering adding a 30,000- to 40,000-barrel-per-day bitumen-only project to its Horizon oilsands mine to take advantage of excess ore production......
Former GM Vice Chairman Lutz Predicts End of Automotive Era in 20 Years
Not one to shy away from bold predictions, auto industry veteran Bob Lutz is saying that the automotive era will be over in 20 years at the latest. Around this time, shared autonomous modules will rule the road, and....
China Energy to invest US$83 billion in West Virginia shale gas and chemical manufacturing projects
The West Virginia Department of Commerce has announced China Energy Investment Corporation Limited’s plan to invest US$83.7 billion in shale gas development and chemical manufacturing projects in West Virginia.....
Conoco sets annual spending at $5.5 billion through 2020
ConocoPhillips will spend $5.5 billion annually in the oil patch through the end of the decade if U.S. crude prices stay above $50 a barrel, it said Wednesday. The Houston oil producer's three-year operating plan called
Parsley Energy Adds 1.2 Million Lateral Feet to Drilling Inventory Without Spending a Dime
200 net locations added, 300 locations extended Parsley Energy (ticker: PE) announced third quarter results today, showing a net loss of $13.3 million, or ($0.05) per share. After excluding special charges, Parsley....
A new way to mix oil and water
The reluctance of oil and water to mix together and stay that way is so well-known that it has become a cliche for describing any two things that do not go together well. Now, a new finding from researchers at MIT might
Photographer: Luke Sharrett/Bloomberg U.S. Flexes Refining Muscles to Satisfy Mexico’s Fuel Thirst
U.S. refiners are setting up for the strongest end-of-year they’ve ever had, and it’s all thanks to Mexico. Nationwide gross oil refinery inputs will rise above 17 million barrels a day before the year ends, according...
Oilpatch spending to ramp up in Canada's 'hottest new play,' led by Chevron
Chevron Corp. is ramping up spending in the Duvernay shale basin, Canada’s “hottest new play,” after spending three years exploring its potential. “The Duvernay is one of the most prospective liquids-rich shale plays in
Planet Water Foundation Supports Relief Efforts in Puerto Rico
Planet Water Foundation, one of the leading nonprofit organizations focused on bringing clean water to the world’s most impoverished communities, announced plans to deploy 12 AquaTower water filtration systems from...
With oilsands looking towards automation, Keyano braces for change
When the winter road opens sometime before the end of the year, joining the parade of vital supplies trucked to Fort Chipewyan will be a trailer from Keyano College. Inside, to Fort Chipewyan.Inside will be a simulator
Canadian Natural sees ‘significant value’ breathing new life into deferred Shell oilsands mine
Plans for a new oilsands mine that were deferred two years ago may soon be back on the table. That’s because the asset’s new owner sees an opportunity to integrate those plans with its existing operations. When CNRL....
Investment analysis for oil terminals
Channoil Consulting's Charles Daly provides an overview of some of the key factors investors look for when considering a terminal transaction The logistics of the oil industry depend, to a material extent......
MGX Minerals Engineering Partner PurLucid Awarded C$8.2M Contract
MGX is pleased to report that engineering partner PurLucid Treatment Solutions has been awarded a non-repayable contribution totaling up to C$8.2 million in government funding to support the commercialization of a low...
More permits, more drilling equals more Pennsylvania natural gas
New permits and more drilling helped Pennsylvania's natural gas production reach a new high of 15 billion cubic feet per day (Bcf/d) in October, according to the Energy Information Administration. That represents a 25
Layne Christensen to drill water wells for oil production
The Woodlands' water company Layne Christensen is partnering with the state to drill more than 100 wells in West Texas to sell water to oil companies in the booming Permian Basin.
Water Innovations Magazine November 2017
Water Innovations Magazine November 2017


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