The Government of Saskatchewan has announced two new oil and gas processing projects, undertaken by Steel Reef, have been approved under the provincial Oil and Gas Processing Investment Incentive (OGPII). Introduced in 2019 as part of the Government’s Methane Action Plan, OGPII is available for companies making investments in infrastructure and value-added processing projects, including… Continue reading Oil and Gas Processing Projects for Saskatchewan
Tag: natural gas
October Oil And Gas Public Offering Raises $1.9 Million In Revenue
October 2021 Public Offering Generates More Than Double the Revenue Than the Same Time Last Year Saskatchewan’s October public offering of Crown petroleum and natural gas rights held on Tuesday, October 5, 2021, generated $1,876,806.59 in revenue for the province. The Estevan area brought in $1,357,527.30 for 50 parcels totalling 11,591.068 hectares. An exploration licence… Continue reading October Oil And Gas Public Offering Raises $1.9 Million In Revenue
Canada Prevents Line 5 Shutdown by Invoking 1977 Pipeline Treaty
Source: Mia Rabson The Canadian Press, October 4, 2021 Line 5 carries 540,000 barrels of light crude and natural gas liquids between Wisconsin, and Sarnia, Ont. Canada is formally invoking a 1977 pipeline treaty with the United States in a bid to prevent Michigan from turning off the taps to Enbridge‘s Line 5 pipeline. Foreign… Continue reading Canada Prevents Line 5 Shutdown by Invoking 1977 Pipeline Treaty
Natural gas liquids processing gains drive profit increase at Inter Pipeline
Source:The Canadian Press, February 15, 2019 CALGARY – Inter Pipeline Ltd. says an increase in natural gas liquids processing volumes and revenue was the major driver behind higher earnings in the fourth quarter. The Calgary-based energy transport, processing and storage company says it had net income of $144 million or 36 cents per share in… Continue reading Natural gas liquids processing gains drive profit increase at Inter Pipeline
Enbridge to sell natural gas processing business to Brookfield for $4.31B
Source: The Canadian Press, July 4, 2018 Enbridge Inc. has signed a deal to sell its Canadian natural gas gathering and processing business in the Montney, Peace River Arch, Horn River and Liard basins in B.C. and Alberta to Brookfield Infrastructure and its partners for $4.31 billion. “This investment represents an exciting opportunity to invest in scale… Continue reading Enbridge to sell natural gas processing business to Brookfield for $4.31B
Natural gas outages unlikely to happen here: SaskEnergy
Source: Alex Johnson, CBC News, January 4, 2018 Frigid temperatures have never majorly affected the province’s natural gas supply A state of emergency was declared in northern Alberta on Friday due to extremely low natural gas pressures through the region, but SaskEnergy says it’s well-guarded against something similar happening here. More than 11,000 residents in the Mackenzie County area… Continue reading Natural gas outages unlikely to happen here: SaskEnergy
Three natural gas usage records shattered during recent winter cold snap, SaskEnergy says
Source: Alex Johnson, CBC News, December 28, 2017 SaskPower offers tips to homeowners to help the environment and save money As the frigid temperatures continue throughout the province, power outlets at many Saskatchewan residences and businesses are working overtime. SaskEnergy broke all-time natural gas usage records three times over the holidays, while SaskPower expects to see another winter peak record for… Continue reading Three natural gas usage records shattered during recent winter cold snap, SaskEnergy says
Saskatchewan to drill most oil and gas wells in 2017, says PSAC
By Kyle Bakx, CBC News, November 2, 2016 Oil and gas drilling expected to rise in 2017, but only slightly, according to PSAC Saskatchewan is expected to lead the country in oil and gas drilling in 2017, narrowly surpassing Alberta, according to the Petroleum Services Association of Canada’s latest forecast, which was released Wednesday. There are… Continue reading Saskatchewan to drill most oil and gas wells in 2017, says PSAC
The lowdown on the Montney: Canada's next big energy bet has same high stakes as oilsands
By Paul Haavardsrud, CBC News, November 2, 2016 Industry spending billions to get natural gas out of the ground, but getting it to market is bigger challenge Not many folks outside of Alberta pay much attention to Grande Prairie, a northern outpost tucked away in the bush about 450 kilometres northwest of Edmonton. Even within the province,… Continue reading The lowdown on the Montney: Canada's next big energy bet has same high stakes as oilsands
Pipe leak blamed in 2014 TransGas fire near Prud’homme
By CTV Saskatoon, September 20, 2016 Faulty steel pipe caused 2014 gas fire An explosion that left flames shooting into the sky for several days at a Saskatchewan natural gas storage facility two years ago was caused by a faulty section of steel pipe, SaskEnergy says. The Crown corporation recently completed an investigation into the… Continue reading Pipe leak blamed in 2014 TransGas fire near Prud’homme