Highlights
CAPP Says Drought Conditions Closely Monitored, Industry ‘Very Much Prepared’
With the province of Alberta currently in stage four (out of five) in its water shortage management response plan, the government and industry continue to talk and plan for the coming months after a winter of relatively meager precipitation and resulting low snow melt, which normally boosts water volumes.
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.