Tag: oil production

LNG Canada goes online and how that impacts Saskatchewan

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First ship leaving LNG Canada. LNG Canada photo

LNG Canada ships first cargo, making Canada a global player.

I provide some analysis on how this will impact Saskatchewan in the first part of the story.

Also:

Poilievre posts “Meet Hardisty” video about and its importance to Canada

Donald Trump’s disdain for wind energy could create windfall for Nova Scotia: experts

Energy Realities Podcast: Geopolitical issues and oil. Some interesting discussion about Carney killing the digital services tax to placate Trump, forgoing this thing called “rule of law.”

First good sleep in years

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Coal Revival: “I’m going to stay,” one coal worker told IBEW

Coal Revival: “I’m going to stay,” one coal worker told IBEW. This is one union that is over the moon with the right wing government that just saved their industry and jobs.

More formal letter of support from IBEW:

Coal Revival: IBEW says coal announcement will ‘have a meaningful impact on the lives of our members and their families’

Part 5 of Upgrader series:

Regina Refinery at 90 and Devine’s Upgraders, Part 5: Were the Regina and Lloydminster upgraders worth it? The two upgraders’ massive impact on provincial revenue

Pick up your jaws…

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Coal Revival: United Mine Workers say federal mandate to phase out coal-fired electricity posed existential threats to entire communities

Here’s a union supporting a right-wing government’s move to rebuild its coal fleet. It has everything to do with the left wing wants their industry to disappear, and the SaskParty is moving to keep it going for decades to come. Interesting, that. As in the musical Hamilton – The World Turned Upside Down.

“Saskatchewan’s leadership in asserting provincial jurisdiction over its energy future deserves recognition. While the federal mandate to phase out coal-fired electricity by 2030 posed existential threats to entire communities, this new direction offers hope and continuity.”

I’ll have a more in-depth interview with the union in coming days, as well as a similar story from the other union involved, and a similar tale.

Also, in my series on the upgraders:

Regina Refinery at 90 and Devine’s Upgraders Part 3: The Lloydminster Bi-Provincial Upgrader doubled the city in size

 

Regina Refinery at 90 and Devine’s Upgraders

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BY BRIAN ZINCHUK 

In late June, Federated Co-operatives Limited will be celebrating the 90th anniversary of the Regina Refinery Complex. In September, 2022, Pipeline Online published a six-part series on the two Grant Devine-era heavy oil upgraders, and their lasting impact. One of those upgraders is an integral part of the Regina Refinery Complex, and thus, is a major part of the history of that refinery. To commemorate this momentous anniversary, Pipeline Online is republishing this series.

Regina Refinery at 90 and Devine’s Upgraders, Part 1: The two heavy oil upgraders built by the Grant Devine government had a tough opening act, but became anchors for Saskatchewan’s current economy

Also:

Saskatchewan premier says he can ‘get behind’ Ottawa’s energy superpower vision

Trump leaves G7 summit early amid escalations in Middle East

Well, that didn’t last long…

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So much for Canada becoming an “energy superpower.” With additional pipelines to the west coast, the idea is dead in its tracks. Eby says he won’t be changing mind on another B.C. pipeline, rebuffing Ford

But but but – everyone was so happy about their confab with the new prime minister.

Premiers heap praise on meeting with Carney, but no specific projects identified.

And from the day before the meeting:

Carney discusses “partnerships” with oil and gas executives in Calgary

So much for team Canada. On CJME Tuesday morning Premier Moe said he was “done” with trying to get a pipeline built through Quebec.

And for something completely different:

You can’t hide these smiles. Lock and load

There’s more to the oilpatch than just work. You can’t hide these smiles. Lock and load

New Liberal Energy Minister sends different message

Climate Cult Drill, Baby, Drill 21 Comments

Minister of Energy and Natural Resources Tim Hodgson at the Calgary Chamber of Commerce, verbatim

In Pipeline Online’s continuing mission to tell you exactly what the federal Liberal government is saying on energy and environmental policy, this is the verbatim speech of the new Minister of Energy and Natural Resources Tim Hodgson, who spoke at the Calgary Chamber of Commerce on May 23. In this case, the ministry was kind enough to provide the transcript online, indicating this is a message they really, really want to get out there.

And it is worth taking in. This guy sounds NOTHING like Wilkinson or Guilbeault. He promises reviews in 2 years, not 5. Wilkinson wanted to keep it in the ground.

You can also watch it in the link provided in the story on CPAC’s YouTube channel. I encourage you to take the time to do so. It’s cued up to start at his speech, but if you want to hear his background, which including working on the financing for the Alliance Pipeline, rewind a bit and hear a glowing introduction from the CEO of Suncor.

Notably, the Alliance Pipeline he mentioned financing was the last major pipeline project I worked on. I started work three weeks after my wedding. And out of the 12 guys on my road bore crew, I was the only one married once.

—–

For giggles, if you want to see who the Anti-Zinchuk is, this is a video from Markham Hislop. He posts daily videos hating everything about the Canadian energy sector, from every angle imaginable. In this video he shoots down the idea Hodgson speaks of regarding Canada becoming an energy superpower. Didn’t Harper come up with that? That’s right, he did.

 

It got 14000 views in less than a day, and 255 comments.

YARN | I hate that guy! | Despicable Me (2010) | Video gifs by quotes | 018ef568 | 紗

Be sure to check out the Pipeline Online Podcast at 1 p.m. Monday, May 26, live on X, LinkedIn and Facebook, with guest Ken From, former CEO of SaskEnergy, TSASK, PTRC, and Prairie Hunter Energy. 

 

Canadian Deep Green State

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Jim Warren: The Canadian Deep Green State. Do you think current bureaucrats believe in BANANAs? (build absolutely nothing anywhere)

The shark gets swallowed: Whitecap closes Veren (formerly Crescent Point) strategic combination. The company that pretty much defined Saskatchewan’s Bakken Boom, gobbling up over 30 companies (most of them in southeast Saskatchewan) is no more.

Pipeline Online Podcast: Ep. 9 E. Craig Lothian, CEO of Lex Capital.

AFN chief calls for review of natural resource deals amid talk of Alberta separation

We now know how much SMRs cost. A lot

Drill, Baby, Drill 32 Comments

This week seems to be dominated by power generation pieces. The announcement in Ontario on Thursday has enormous implications for Saskatchewan, as we’re finally getting a price tag on how much four GE Hitachi BWRX-300 reactors cost. The cost is $20.9 billion, equal to the ENTIRE Saskatchewan 2025 budget. And we’re still very early on in the process, so there’s plenty of time for cost overruns. And we would need four, actually five, to replace our existing coal fleet of 1400 megawatts. The question before Saskatchewan will soon be can we afford nuclear? And if not, do we run coal – even perhaps expand it as our power needs grow?

Ontario greenlights four SMRs identical to the model SaskPower has chosen.

Here’s the verbatim Ontario press release:

Ontario Leads the G7 by Building First Small Modular Reactor

Other news about Saskatchewan oil producers from Canadian Press:

Cenovus Energy reports $859M Q1 profit, raises quarterly dividend

Canadian Natural Resources reports Q1 profit up, record quarterly average production

Pembina Pipeline reports higher profits, revenues for first quarter

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