Highlights
CAPP Says Drought Conditions Closely Monitored, Industry ‘Very Much Prepared’
The Alberta government and industry continue to plan for anticipated water shortages after a winter with low precipitation and snow pack.
LNG-Related Activity Creates Stability And Enables Trican To Plan 3–5 Years Ahead: CEO Fedora
Trican Well Service Ltd. anticipates that LNG-related drilling will remain very active through 2024, with first cargoes of natural gas to leaving Canada’s West Coast in early 2025 — taking the industry to a new level of opportunity and transforming the company’s ability to plan.
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Low Carbon Solutions UBC Bitumen-Derived Carbon Fibre Project Nears Commercialization
A University of British Columbia project that has created two types carbon fibres derived from bitumen has received $2.6 million from Alberta Innovates and $1.4 million from Emissions Reduction Alberta (ERA) for its final development stage — and is currently working toward commercialization of the technology.