A new technology roadmap by Emissions Reduction Alberta (ERA) says future fuels are estimated to see 25 to 30 per cent investment through the organization, while carbon sequestration could land 15 to 25 per cent investment.

Growth in global oil demand continues to decelerate, weighed down by renewed Chinese lockdowns and an ongoing slowdown in the OECD, the International Energy Agency (IEA) noted in its latest monthly report on the oil market released on Sept. 14.

Canadian August output increased: IEA.

Cygnet Energy Ltd. has closed initial financing by ARC Financial Corp.

Several western Canadian E&P companies announced increases to their capital expenditure budgets during the release of their Q2 financial results reports, in late July and early August, to accelerate drilling plans in 2022, to deal with higher-than-budget inflation, to address service cost hikes and to take advantage of higher commodity prices.

Have you ever been on a construction site, and just stopped and watched? On first glance, you may see trucks moving materials, laydown yards full of valves and vessels, and people in safety gear performing tasks like pouring concrete, welding pipes, and pulling cables. Taking a closer look at the movement of a truck, you might notice pipes being moved to a location for the third time. Or a person walking across the site to retrieve welding rods or a tool.

The DOB will not be publishing on Monday, Sept. 19, to mark the funeral of Queen Elizabeth II. We will resume our normal publishing schedule on Tuesday, Sept. 20.

Helium Evolution Incorporated appointed Kristi Kunec to the role of chief financial officer, effective Sept. 12, 2022.

The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) announced almost $4.7 million in funding for six projects to advance the development of ceramic-based materials to improve the efficiency of hydrogen-fueled turbines that may one day be used in clean power plants.