Cenovus plans to grow free funds flow 14% a year through 2021

Company targets $4 billion to $5 billion in asset sale agreements by year end Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) today put forward a five-year plan that the company expects will generate 14% annualized free funds flow growth through 2021 at a West Texas Intermediate (WTI) price of US$55 per barrel…

Much ado about nothing

By Jessica Cena It’s become difficult to decipher between reality and alarmism these days. To add insult to injury, President Trump can’t seem to take two steps without being ridiculed from every direction. The latest point of contention has been his decision to disengage from the Paris Climate Accord. But…

Oil & Gas Pipeline Leak and Theft Detection Technologies Market to Cross $2 Billion by 2022

Surging demand for oil & gas and expanding pipeline infrastructure to propel demand for oil & gas pipeline leak and theft detection systems in North America through 2022 According to a recently published TechSci Research report, “North America Oil & Gas Pipeline Leak and Theft Detection Market By Onshore Vs….

Dakota Access Lifeline

By Bette Grande and Isaac Orr Western North Dakota has a history of oil booms and busts. The cycle began when oil was discovered in western North Dakota in the 1950s and occurred again in the 1980s. Today, global oil prices and a lack of pipeline transportation have put the…

2017 to be a pivotal year as Canada’s oil and gas industry strives for recovery and growth

Today we released our latest report, Labour Market Outlook 2017 to 2021 for Canada’s Oil and Gas Industry. The report provides labour market projections for the industry based on two scenarios, one if oil prices stabilize well above US$50 per barrel (/bbl) through 2017 and beyond, and one if oil prices…

Gas monitoring safety solutions for shale production

Safety monitoring is necessary during shale gas hydraulic fracturing production, gas processing, storage, and pipeline distribution.  In order to detect potential health hazards, such as gas leaks and fires, special safety technologies must be utilized to prevent disastrous consequences from occurring.  Advanced flame sensing and gas leak technologies provide a…