Category Archives: Industry News

TransCanada Plans Name Change to TC Energy

TransCanada Corporation (TSX, NYSE: TRP) (TransCanada) today announced its intention to change its name to TC Energy to better reflect the scope of the company’s operations as a leading North American energy infrastructure company. TransCanada’s shareholders will be asked to approve a special resolution to change the name at the…

Focus on High Return Investments to Deliver Capital Efficient Production Growth and Significant Future Free Cash Flow

Hess Corporation (NYSE:HES) announced in early December 2018 a 2019 E&P capital and exploratory budget of $2.9 billion. Of this, approximately 75 percent will be allocated to high return growth assets in the Bakken and Guyana. Net production is forecast to average between 270,000 and 280,000 barrels of oil equivalent…

Working together to help fight Bill C-69

We’ve had many emails from Oil Respect supporters asking us if there is a way we can all work together to help our industry fight Bill C-69, and the answer is yes. Save Canadian Jobs is a digital campaign being shared and promoted by a large network of industry and advocacy…

Oil respect: Standing up for Canadian oil and gas families

The financial update did little to help the energy industry, and Prime Minister Justin Trudeau called it a crisis! We believe every Canadian who is proud of our resource sector should stand in solidarity to show our displeasure with the lack of respect our energy sector has received. We have…

SD Mines Researchers Explore Hydraulic Fracturing to Expand Geothermal Energy

The use of hydraulic fracturing (or fracking) has been a topic of contention in the oil and gas industry. However, researchers believe fracking can also be used at depth in hard rocks that contain no oil or gas to improve geothermal energy production. The process could enhance the use of…

Meridian Energy Group, Inc. begins civil construction of the Davis Refinery

Meridian Energy Group, Inc., the leading developer of innovative and environmentally-compliant oil refining facilities, announced on July 17, 2018 that the company has executed a contract with SEH Design|Build, Inc. (SEH D|B), a subsidiary of Short Elliott Hendrickson Inc. (SHE) with an office in Bismarck, North Dakota, for the performance…