Sustainability has long been a deep-seated emphasis for Cenovus Energy Inc. To Rhona DelFrari, that mattered.

The space industry is analogous to the energy sector, with much more innovation occurring in recent decades for both from a diversity of new companies, new entrepreneurs and new policies creating incredible sector growth while also positively impacting the planet, says George Whitesides, former chief executive officer at Virgin Galactic.

Increased competitive pressures from other pipeline construction projects in Western Canada have increased the forecast gross cost of the Keyera Access Pipeline System (KAPS) pipeline to $1.6 billion from $1.3 billion, Keyera Corp. said today.

Higher operating margins and lower 2021 impairment expense helped Keyera Corp. swing to a full-year and Q4 2021 profit versus a loss in the comparable periods a year earlier.

TC Energy Corporation is making “great progress” on the right-of-way for Coastal GasLink, with the pipeline project nearly 60-per-cent complete in the field at the beginning of 2022, says executive management.

TC Energy Corporation has seen an increase in processing and ethane extraction capacity in the Bakken region, says executive management, and the company’s Northern Border pipeline is currently weighted roughly 72-per-cent Bakken volumes versus Canadian volumes — the highest Bakken ratio the pipeline has seen for several years.

For its renewable energy transition business, TC Energy Corporation is taking an all-of-the-above strategy, focusing on both an ‘asset-light’ approach and a more historical development approach depending on the opportunities that are presented by any given jurisdiction, says Corey Hessen, executive vice-president and president, power, storage and origination.

The province brought in $12.46 million from the third P&NG sale of 2022, with highlights coming from parcels sold in the Ricinus West and Valhalla areas.

Global upstream deal values within oil and gas returned to pre-pandemic levels in 2021, while the largest volume of production changed hands in more than a decade, according to new data from Evaluate Energy.

If Rachel Notley is elected Alberta premier in the next provincial election, she’ll look to leverage opportunities in low-carbon energy.

West Lake Energy Corp. signed a partnership with the Frog Lake Energy Resources Corp. (FLERC) for asset development on the Frog Lake First Nation (FLFN).

Drilling rig activity in Western Canada and the Top 10 active operators as of Feb. 16, 2022 as reported this morning by Rig Locator.

Oil and gas companies are expected to benefit from a new insurance option now with framework legislation in Alberta.

Reducing red tape remains a priority for the Alberta government, as is ensuring those in industries such as oil and gas have tangible examples of where the province has successfully reduced unnecessary bureaucracy, says Tanya Fir, associate minister of Red Tape Reduction in Alberta.

The Clean Resource Innovation Network (CRIN) is announcing four projects (see table) identified for funding through its C$80 million oil and gas technology competitions aimed at accelerating solutions that have the potential to contribute significantly to achieving Canada’s 2050 climate targets and “position Canada as a global leader in clean, sustainable, diverse energy systems.”

Royal Helium Ltd. said that the hydraulic fracture program at the Climax-4 vertical well was successful in opening the Nazare formation and tested 0.57 per cent helium over the 100-metre interval.

Gear Energy Ltd. was able to boost funds flow for both the Q4 and year-end 2021 periods.