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Calgary-based electricity producer TransAlta is suing the Alberta government and the Alberta Energy Regulator to prevent oil and gas companies from fracking near its largest hydroelectric dam in the province because the technique can cause earthquakes.
/CNW/ - (TSXV: GRD) - Grounded Lithium Corp. ("GLC" or the "Company") is pleased to announce the addition of several key personnel to its corporate and project...
Apollo Global Management (APO) and Blackstone Group’s credit arm are considering divesting Canada-based Ridgeback Resources.
Estevan– Mid-February to the first week of March is traditionally the peak of the year for oilwell drilling activity. And on Feb. 22, there were 31 drilling rigs working in Saskatchewan, down markedly from the previous two years. According to Rig Locator (riglocator.ca), in 2020 there were 65 rigs working on the same date, and 52 rigs working on that date in 2019. During the boom years, from 2008-2014, there would be closer to 100 rigs working. While the current number couldn’t be considered great by any means, it is significantly higher than the zero rigs that were...
Saskatchewan Advances Methane Reductions Summary by: Dale Lunan Posted in: Saskatchewan Advances Methane Reductions The Canadian province of Saskatchewan said January 26 it would provide financial support for three projects that will reduce methane emissions, increase natural gas processing and create jobs. Funding will come from two provincial initiatives, the Saskatchewan Petroleum Innovation Incentive (SPII) and the Oil and Gas Processing Investment Incentive (OGPII), which provide a certain level of transferable royalty credits once private funding has been dedicated and facilities buil...