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Oil & Gas

Oil companies look to drones as pressure to ship mounts

As other methods of shipment face challenges, oil-by-drone emerges as a new possibility >

Getting in Too Deep

Few sectors are getting as much international exposure as Alberta’s oilsands. With the increasing demand for oil around the world, everyone is looking to the estimated 2.5 trillion barrels of bitumen in place as a solution to their energy woes. It certainly may be ours. At current consumption rates, it is estimated that there is enough oil to meet Canada’s needs for about 250 years. In total, 175 billion barrels may be recoverable with current technologies, ranking it as the world’s second largest oil reserve.

Wake Up and Smell the Biofuel

Greener gasoline rules could spell the end of the Canadian Wheat Board’s monopoly >

M is for Merger

Now that mining giant Inco has been snatched up by foreign hands, who’s the next M&A target? >

Reality TV’s Next Frontier: the Oilpatch

One of the oldest stereotypes going is the concept of the “rig pig,” an uneducated roughneck who’s filthy and foul-mouthed. As insiders to the industry know though, the oilpatch has changed and Edmonton-based Anaid Productions has created a documentary miniseries The Rig to help dispel the cliché sur­rounding the archetype of the oilpatch employee and their work. >

Wheeling and Dealing

Monday, July 17, 2006
Back when Hal Kvisle was building Fletcher Challenge Energy, he flew to New Zealand 20 times in five years. “The single most pleasant thing about working for TransCanada is not travelling to New Zealand,” says Kvisle, who joined TransCanada in 1999 as executive vice-president, trading and business development, and became CEO and president in April 2001.

The Reconstruction of Churchill Corp

It should have been boom times. Energy prices were soaring, and oilsands producers had announced a slew of new building projects. But by 2004, one of Alberta’s largest contractors was losing money and headed for a fall. Here’s what went wrong, and how The Churchill Corporation came back from the brink >

The Rancher’s Revolt

The letter made it clear this was not about just one well. Its tone was confrontational, verging on alarmist, leaving little room for compromise and inviting the contempt of the regulators to which it was addressed. “The regulatory system as represented by the EUB is broken, and it now threatens the future of Alberta’s land, water and traditional economies,” it read.

Deal of the Year

In this era of the mega-business deal, companies often find it hard to get their transaction on the front page. A merger or stock swap of a couple hundred million here or there simply doesn’t cut it anymore and would likely find itself deep inside the business section of a newspaper.

The World Will End at Midnight, Give or Take

Beetle kill, break points, a looming leadership crisis in the oilpatch >

The Problem with Peak Oil

In the 1950s petroleum geologist M. King Hubbert famously predicted oil production in the United States would peak in the early 1970s and then inevitably decline as reserves became depleted without comparable discoveries to replace them >

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