oil and gas

Sask Party Government Claims win over CRA, but many hurdles remain-UPDATE

Sask Party Government Claims win over CRA, but many hurdles remain-UPDATE

Jul 16, 2024 | 10:40am
There is an old saying, “you can’t fight the tax collector”. The Sask. Party Government is trying to prove that wrong in its on-going fight over carbon tax money Ottawa says Saskatchewan owes. All of this is over the Saskatchewan’s outright opposition to the carbon tax in the first place. A case it lost in […]
Emissions cap not possible without oil, gas production cuts: Deloitte

Emissions cap not possible without oil, gas production cuts: Deloitte

Jun 19, 2024 | 8:41am
Canadian oil and gas companies facing a federally imposed emissions cap will decide to cut their production rather than invest in too-expensive carbon capture and storage technology, a new report by Deloitte says. The Alberta government-commissioned report — a copy of which was obtained by The Canadian Press — aims to assess the economic impact […]
Premier announces new oil-and-gas high school courses

Premier announces new oil-and-gas high school courses

Jun 5, 2024 | 1:53pm
WEYBURN – The Saskatchewan Distance Learning Centre (Sask DLC) is entering into an agreement with Teine Energy to develop new Oil & Gas high school courses. Through this new partnership, students will learn about the importance of the oil and gas industry, and gain knowledge about career opportunities available in Saskatchewan’s energy industry, while local companies […]
Oil executives expect sustained period of strong crude prices, survey shows

Oil executives expect sustained period of strong crude prices, survey shows

May 9, 2024 | 11:53am
Nine out of 10 Canadian energy sector executives believe oil prices will remain strong for the next three to five years, according to the results of a recent survey. Conducted between April 5 and April 18 by ATB Financial, the survey polled 80 executives representing oil and gas exploration and production companies, energy services companies and institutional investors. Ninety-one […]
Trudeau says Saskatchewan to get carbon rebates despite province not paying levies

Trudeau says Saskatchewan to get carbon rebates despite province not paying levies

Apr 24, 2024 | 9:01am
Justin Trudeau says residents in Saskatchewan will continue to get carbon rebates while the province says it’s not worried by the prime minister’s push to get the Canada Revenue Agency to collect money owed. The Saskatchewan government decided earlier this year not to remit the federal carbon price on natural gas to Ottawa, a move that breaks federal law. […]
“Turnaround” Underway at FCL’s Refinery in Regina

“Turnaround” Underway at FCL’s Refinery in Regina

Apr 2, 2024 | 11:26am
As its facility in Regina is heading into maintenance time, Federated Cooperatives Limited says its investing 140 million dollars into the refinery and attached operations. For 47 days, the site will be teeming with workers doing various maintenance and upgrades.  Federated Cooperatives says 2200 additional temporary jobs will be filled. With more workers on site, […]
CAPP projects slight increase in Canadian oil and gas capital spending in 2024

CAPP projects slight increase in Canadian oil and gas capital spending in 2024

Feb 27, 2024 | 1:00pm
The industry group representing Canada’s oil and gas producers says capital investment in the sector will edge slightly higher in 2024. The Canadian Association of Petroleum Producers is forecasting capital expenditures for the upstream oil and natural gas sector will reach $40.6 billion this year, a small increase from the $39 billion invested by companies […]
Trans Mountain to present pipeline variance arguments at hearing Friday

Trans Mountain to present pipeline variance arguments at hearing Friday

Jan 9, 2024 | 2:05pm
The Canada Energy Regulator will hear arguments Friday from the company building the Trans Mountain pipeline expansion on its request for a pipeline variance. The Trans Mountain pipeline is Canada’s only oil pipeline to the west coast, and its expansion will boost the pipeline’s capacity to 890,000 barrels per day from 300,000 bpd currently. The […]