Michigan Appeals Court Allows Enbridge’s Line 5 Permits to Stand
Enbridge’s Line 5 still faces a court battle against the state in a case brought by the government.
Dividends Declared Week of Feb. 17
2024 year-end earnings season is underway. Here is a compilation of dividends declared from select upstream, midstream, downstream and service and supply companies.
Polar LNG Express: North American NatGas Dynamics to Change with LNG Canada
The next major natural gas export project in North America has a location advantage with Asian markets. LNG Canada opens up a new pathway that will change the price dynamics for producers.
Obsidian to Sell Cardium Assets to InPlay Oil for US$225MM
Calgary, Alberta-based Obsidian Energy is divesting operated assets in the Cardium to InPlay Oil for CA$320 million in cash, equity and asset interests. The company will retain its non-operated holdings in the Pembina Cardium Unit #11.
PrePad Tosses Spreadsheets for Drilling Completions Simulation Models
Startup PrePad’s discrete-event simulation model condenses the dozens of variables in a drilling operation to optimize the economics of drilling and completions. Big names such as Devon Energy, Chevron Technology Ventures and Coterra Energy have taken notice.
Enbridge CEO: Tariffs Not a Concern but Present Chance for Reform in Canada
Enbridge’s CEO Greg Ebel says the company doesn’t see a major effect on its business with such a “hard-wired” system.
Energy Transition in Motion (Week of Feb. 14, 2025)
Here is a look at some of this week’s renewable energy news, including a geothermal drilling partnership.
Canada Tasks Ameresco to Build Solar Project at Military Base
The Government of Canada’s Department of National Defence has tasked Ameresco Inc. to build a solar energy project at the 5th Canadian Division Support Base Gagetown in Oromocto, New Brunswick.
Imperial Appoints New President, CEO Following Brad Corson’s Retirement
Imperial’s board of directors has appointed Exxon Mobil’s John Whelan as president effective April 1 and to assume the roles of chairman and CEO on May 8.
Report: US Tariffs Could Lead to Higher Onshore Wind Costs
Trump’s move to impose tariffs on allies and political adversaries alike comes in an effort to protect U.S. national security interest and leverage America’s economic position.