GE increasing its investment in fracking technology
GE Oil and Gas, which has invested over $15 billion in the oil extraction industry over the past few years, announced recently that it will open a laboratory dedicated to […]
Commodities firm sues Shell, BP, Statoil for price fixing
Two weeks after European anti-trust authorities began an investigation into three of the world’s biggest oil companies on suspicion of price fixing, a commodities firm in Chicago has filed suit […]
International aviation agency will not leave Montreal
The International Civil Aviation Organization (ICAO) will remain headquartered in Montreal. A push by Qatar to have the UN agency, the only one with headquarters in Canada, relocate to Doha […]
Wave energy farm in Scotland to use Oysters
The world’s largest ocean energy site, a 40 MW wave farm off the north-west coast of Scotland, has been given the go-ahead by the Scottish government. The planned wave farm […]
Builders urge Ontario to allow six-storey wooden structures
Ontario’s building industry wants to see changes to the Ontario Building Code that would allow the use of woodframe construction in buildings up to six storeys. At present, the height […]
Bombardier, NetJets launch new Challenger 350
Bombardier officially expanded its Challenger family of business jets with the launch yesterday of the new Challenger 350 aircraft. Bombardier’s partner in the launch is the US-based private aviation company […]
US resumes exports of LNG
The Obama administration approved the export of liquefied natural gas by a Texas company, Freeport LNG. It is the first approval of LNG exports in almost two years. The Freeport […]
Calgary group offers $50 million for clean energy projects
The Climate Change and Emissions Management (CCEMC) Corporation, a Calgary-based not-for-profit funded by industry, is offering up to $50 million to fund projects that can lead to the cleaner production […]
Norwegian group claims world’s first seabed energy storage technology
Norwegian research scientists claim to have devised the technology that will make it possible to store energy on the seabed for later use in an electrical power grid. Their announcement […]
World’s oil suppliers in for a shock: IEA
The balance of power is changing, with respect to the world’s oil and gas resources, and a phenomenon being called “supply shock” is working its way through the industry. North […]
Canada’s oil industry facing labour shortage: survey
Employers in Canada’s oil and gas companies share one concern with their global counterparts: skill shortages in the industry. A report from a worldwide recruiting agency says that skills shortages […]
