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Oilsands industry expansion exists in lockstep with demand for condensate, and even though emerging natural gas plays in western Canada look promising for liquids production, the diluent game promises to remain based on imports as bitumen production grows.
A tsunami of natural gas liquids (NGLs) is flowing into the North American energy market, as producers increasingly shun dry gas for liquids-rich natural gas.
Whether targeting oil or natural gas liquids, Kaybob, laying on the eastern outskirts of the Deep Basin, is one of the hot spots of both exploration and development.
News
The Quebec government, its people and its businesses are warming to development of that province’s resources after several years of reluctance to employ fracturing technology to produce shale gas.
In an effort to obtain access to lands on Burnaby Mountain to study a possible tunnel, Trans Mountain Pipelines ULC says it expects to file concurrent requests with the National Energy Board and the City of Burnaby.
Last week’s downing of the Malaysian Airlines aircraft in eastern Ukraine and the potential imposition by the European Union of more stringent economic sanctions against Russia could open a door in Europe for western Canadian crude oil, says an Ontario political scientist.
Editors’ Blogs
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PROVINCE ACTIVE DOWN TOTAL
AB 281 279 560
SK 86 64 150
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This Month in Oilpatch History
Reportedly involving an outlay of between eight and nine million dollars, work is being started on a huge ammonium nitrate plant just south…
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