Alberta Innovates has been promoting and supporting the Bitumen Beyond Combustion (BBC) program since its conception in 2016, with some modest successes to date across the three main potential product streams — asphalt binder, energy carbons and carbon fibre.
Carbonova Corp. has successfully closed its SAFE equity financing in an oversubscribed round with $6 million raised.
Changes are needed to tailings pond legislation to avoid repeating history, said Loon River First Nation Chief Ivan Sawan.
STEP Energy Services Ltd. says Canadian activity levels have been strong in Q1, particularly for the fracturing service line which is seeing high utilization across the six active crews.
Despite continued weakness in North American natural gas prices, STEP Energy Services Ltd. has yet to see a material pull-back in E&P customers’ activity.
Oil and gas companies recognize the vital role Carbon Capture, Utilization and Storage (CCUS) could play in helping reduce carbon dioxide emissions in their operations.
Construction of Vermilion Energy Inc.’s 16,000 boe/d Mica Montney battery is progressing as planned and remains on schedule for a mid-year start-up, the company noted in Q4 and year-end results.
The global oil and gas industry is facing increased pressure to reduce its methane emissions to tackle climate change. In 2015,
FLINT Corp.’s revenues for the year ended Dec. 31, 2023 were $655.7 million, representing an increase of $51.1 million or 8.4 per cent from 2022.
Murray Desrosiers, senior vice-president, legal and corporate development, will be retiring from FLINT Corp. June 30, 2024.
Advantage Energy Ltd. appointed John Festival to its board of directors, effective March 12, 2024.