Gordon Jaremko worked as a reporter and editor for Canadian daily newspapers, wire services and monthly magazines for 38 years in Calgary, Edmonton and Ottawa, primarily covering politics, economics and business with emphasis on the Alberta petroleum industry. He has contributed to four books and has become an independent contractor engaged on two history projects. He has been contributing to Intelligence Press since 1986.
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Articles from Gordon Jaremko
TC Shutters 600,000 b/d Keystone to Isolate Leak in Kansas
An oil leak in Kansas detected Wednesday evening prompted TC Energy Corp. to shut down its 600,000 b/d Keystone Pipeline, which transports Canadian crude south to the Midwest and Gulf of Mexico. “The affected segment has been isolated, and booms deployed to control downstream migration of the release,” TC officials stated Thursday. “The system remains…
December 8, 2022
Cenovus Gives Positive Outlook for 2023 with Jump in Offshore, Oilsands Production
A start on additions to oil production offshore Newfoundland topped the 2023 growth agenda prompting a 50% budget increase for 2023 by Calgary-based Cenovus Energy Inc. Spending would jump to C$600-700 million ($450-525 million) in 2023 to begin work on a new platform and drilling, dubbed West White Rose, 180 miles east of Newfoundland’s capital,…
December 7, 2022
Enbridge, Chippewa Tribe Ordered to Cooperate on Spill Risk Plan for Line 5 Conduit
After rejecting a call in September to shut off Enbridge Inc.’s cross-border Line 5, a federal court in Wisconsin has directed the pipeline company and the Lake Superior Chippewa’s Bad River Band to work together on a spill risk reduction plan for the 540,000 b/d oil conduit. U.S. District Court Judge William Conley of the…
December 5, 2022
Canada’s Eastward Energy Cites Natural Gas Supply, Price Concerns for Saint John LNG
An Atlantic Canada utility has challenged the plan by Repsol SA to convert its New Brunswick arm, Saint John LNG Development Co. (SJLNG), from an import site into an export terminal for energy-starved Europe. Nova Scotia gas distributor Eastward Energy Inc. has urged the Canada Energy Regulator (CER) to require an east coast market review…
December 1, 2022
Crescent Point Boosting Spending for ‘Active’ Oil, Gas Drilling in Kaybob Duvernay
Calgary-based Crescent Point Energy Corp. recorded a 10% increase in natural gas production during the third quarter, but the company is focusing on the Kaybob Duvernay formation for liquids growth over the next five years. Management said natural gas output hit 144.3 MMcf/d during the quarter, up from 130.8 MMcf/d a year earlier. Natural gas…
November 8, 2022
Tourmaline Contracting Natural Gas Flows from Western Canada to Gulf Coast
As the top natural gas producer in Canada, Tourmaline Oil Corp. flowed 2.2 Bcf/d throughout the third quarter of 2022, with next year’s output expected to average 2.5 Bcf/d. Natural gas exports to the United States played a starring role in the company’s growth, and long-distance trading results have earned an American regulatory trophy. The…
November 7, 2022
Enbridge to Expand Westcoast Natural Gas System as Montney Output, LNG Prospects Grow
Natural gas transportation from the Montney Shale is topping Enbridge Inc.’s pipeline agenda in northern British Columbia (BC) where a slate of projects on the Westcoast Energy system could add capacity for 800 MMcf/d After shippers over-subscribed an open season for transport service, Enbridge plans to proceed on a 300 MMcf/d addition to the southern…
November 7, 2022
Arc Resources Expecting ‘Very Healthy’ Natural Gas Prices at AECO Through Winter
Montney Shale pure-play Arc Resources Ltd. is forecasting strengthened pricing at the NOVA/AECO hub in western Canada relative to the U.S. Henry Hub over the coming months, according to management. In a conference call to discuss third-quarter earnings, CFO Kris Bibby said “we are excited for the immediate near term in the winter. We would…
November 7, 2022
Tamarack Focusing on Expanding Clearwater Well Inventory in Alberta
After swiftly completing five takeovers, Tamarack Valley Energy Ltd. emerged in the third quarter as an independent natural gas and oil growth star in the Clearwater formation of Canada. The Calgary independent has paid about $1.1 billion for five deals across the Clearwater area, which is northeast of Alberta. The latest was in September, when…
October 31, 2022
Montney Natural Gas Output Poised to Reach 9.2 Bcf/d on Pipeline Expansions
Processing plant and pipeline additions should enable natural gas production to more than double in the Montney Shale, according to the Canada Energy Regulator (CER). Expansions by 46 plants have grown capacity in northeastern British Columbia (BC) along the Alaska Highway to 9.2 Bcf/d, or 59% more than the current 5.8 Bcf/d processing volume, a…
October 26, 2022