A privately held junior oil and gas company is looking to develop a $50 million carbon capture and storage project in the greater Golden Spike area, southwest of Edmonton, the site of one of Canada’s most prolific oilfields.

The Russian invasion of Ukraine prioritizes energy security and affordability on the global stage, with accelerated investment in renewables largely seen as key to diversifying the energy portfolio says Nandita Parshad, managing director, Sustainable Infrastructure Group, European Bank for Reconstruction and Development (EBRD).

Some of the shrewdest opportunities to invest surface in a downturn. A chance Jim Evaskevich, president and chief executive officer of Yangarra Resources Ltd., took during the COVID-19 pandemic is giving the company a leg-up today.

The Net-Zero Advisory Body has submitted a report containing its “advice” for Canada’s 2030 Emissions Reduction Plan, including guidance principles to help set targets for the oil and gas sector.

Lisa Doig will become the 103rd president of the Association of Professional Engineers and Geoscientists of Alberta (APEGA) at the 2022 annual general meeting (AGM) on April 22.

Macro Enterprises Inc. announced that Kenneth Mastre, vice-president, pipelines, suddenly and unexpectedly died earlier this week in hospital recovering from an operation.

Enerflex Ltd. continues to progress all matters that need to be addressed to close the transaction with Exterran Corporation, including the filing of necessary regulatory approvals.