A software footprint that covers the oil and gas value chain

John Pollock of Quorum talks about the impact of MOSAIC software on the industry, and Calgary's growing tech reputation

A software footprint that covers the oil and gas value chainJohn Pollock is product director of Quorum MOSAIC. What’s the history of Quorum? Why was it created and what does it do? Pollock: Quorum started back in 1998 after the founders saw an ongoing need in oil and gas for operational and accounting software. Since then, we’ve added more capabilities that help us address more…

Alberta fuels increase in crude oil delivery to Canadian pipelines

Natural gas pipelines received 551.6 million gigajoules, down 3.1% from the same month in 2017

Alberta fuels increase in crude oil delivery to Canadian pipelinesPipelines in Canada received 21.9 million cubic metres of crude oil and equivalent products from fields and plants in November, up 2.4 per cent compared with the same month in 2017, says Statistics Canada. The vast majority of these receipts (87.8 per cent) originated in Alberta, added the federal agency on Thursday. “In November, closing…

Oil and gas the backbone of the Canadian economy

Oil and gas contributed some $117 billion to Canada’s GDP last year, six times the economic contribution of the Ontario auto industry

Oil and gas the backbone of the Canadian economyWhat was Canada’s biggest business news story of 2018? According to the pundits at The Canadian Press, it wasn’t the giveaway of Canadian oil to Americans for tens of billions of dollars below world prices, caused by a lack of pipelines from Alberta. It wasn’t the loss of tens of billions more in oil and…

New coalition seeks to create a compelling LNG narrative for Canada

The group is hosting a session on Jan. 15 in Calgary to gauge interest. So far, nearly two dozen organizations plan to attend

New coalition seeks to create a compelling LNG narrative for CanadaCanada's oil and gas industry long ago lost control over the narratives that shaped the worldview of its oil sands sector. Sadly, that perspective includes much of Canada. The sector is constantly reacting to competing narratives expertly controlled by outside forces much more proficient at storytelling than we’ve been. As a result, Canada's global reputation as…

Putting engineers and their innovative ideas to work

Max Chernetsov of SEEDA Inc. talks about how this problem-solving profession prepares for the next growth economy

Putting engineers and their innovative ideas to workMax Chernetsov is president of SEEDA Inc. What’s SEEDA and what does it do? Chernetsov: SEEDA is an association of unemployed or underemployed engineering and environmental professionals with Canadian and international experience wanting to contribute to the Canadian economy with innovative ideas. We offer qualified professionals to work on specific problems identified by our clients…

New Brunswick’s ban on fracking must be overturned

Investment makes workers more productive, creates better jobs and drives income growth. Fracking offers a simple, safe solution

New Brunswick’s ban on fracking must be overturnedBy Matthew Lau and Marco Navarro-Genie Atlantic Institute for Market Studies The new government in New Brunswick faces no shortage of challenges. One of the most important to address is the dearth of business investment in the region. Hydraulic fracturing offers a solution. On a per capita basis in 2017, investment in non-residential structures, machinery,…

Is the ‘shale revolution‘ already winding down?

The efficiencies of shale exploitation technology may be sowing the seeds of a rapid decline

Ten-plus years ago, we heard about the “shale revolution” – the realization that horizontal drilling and hydraulic fracturing were changing the face of the oil industry, unleashing huge new supplies of gas and oil from unconventional (shale and tight) reservoirs. And while the revolution is still confined largely to the United States and Canada, it…

Bad public policy chokes out economic growth

Nova Scotia's continued ban on fracking isn't supported by evidence. And it has severely curtailed spending and job creation

Bad public policy chokes out economic growthWith an estimated 1.6-plus-trillion cubic feet of natural gas under foot, Nova Scotian policy-makers are choking out economic growth potential with bad public policy. Their hasty decisions regarding the not-so-new technology of hydraulic fracturing (or fracking, which has been around since the 1950s) were justified by claiming to have been based on incomplete, unavailable or…

Consumer prices higher in Calgary, Edmonton from a year ago

Gasoline prices were up 12% in the 12 months to September, following a 19.9% increase in August: StatsCan

Consumer prices higher in Calgary, Edmonton from a year agoConsumer prices rose in September on a year-over-year basis across Alberta and in the province’s major cities of Calgary and Edmonton, reported Statistics Canada on Friday. The federal agency said the Consumer Price Index was up by 2.8 per cent in Calgary, 3.3 per cent in Edmonton and 3.0 per cent in Alberta. Month-over-month, however,…

What every business can learn from Alberta’s failures

Add value, diversify, take control of your destiny, do long-term planning and be fiscally responsible

What every business can learn from Alberta’s failuresIt should come as no surprise to anyone that the failure of the Alberta government over the past 40 years to protect the interest of its citizens has resulted in a province that’s up to its neck in debt. The woes of the province cost the Progressive Conservative Party its reputation, future generations their Heritage…