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Author Archive: Markham Hislop

Markham Hislop is the publisher of Beacon News and Beacon Energy News. He also reports and writes about Alberta and British Columbia energy issues.

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Evacuation orders lifted at all oil sands work camps

Evacuation orders lifted at all oil sands work camps

Phased re-entry into remaining oil sands camps authorized By Eric M. Johnson and Ethan Lou CALGARY/TORONTO, May 23 (Reuters) – Authorities lifted evacuation orders on Monday for all work camps and some additional oil facilities that had been shuttered when a massive wildfire near Fort McMurray threatened the oil sands hub, a significant step for companies […]

May 23, 2016 | By | Reply More
Suncor: Power-plant restart is preparation for getting online

Suncor: Power-plant restart is preparation for getting online

Suncor cogen plant online May 13 (Reuters) – Suncor Energy said on Friday that the recent restart of a cogeneration plant at its Firebag site is “part of preparing to get our operations back online,” a company spokeswoman said in an email. Several Suncor Energy Inc locations have been idled, with production shut in, after the […]

May 13, 2016 | By | Reply More
Trudeau tours wildfire devastated Fort McMurray

Trudeau tours wildfire devastated Fort McMurray

Trudeau promises government will do everything it can to help By Ernest Scheyder BONNYVILLE, Alberta, May 13 (Reuters) – Canadian Prime Minister Justin Trudeau praised firefighters on Friday for defending the energy hub of Fort McMurray and promised the federal government would pour money in to its recovery. Trudeau toured the town in a military helicopter and saw a […]

May 13, 2016 | By | Reply More
After Fort McMurray wildfire, a silver lining for businesses

After Fort McMurray wildfire, a silver lining for businesses

Fort McMurray wildfire fuels camp suppliers, builders’ business By Susan Taylor and Nicole Mordant TORONTO/VANCOUVER, May 12 (Reuters) – As the Fort McMurray wildfire burns down and the city begins to rebuild after a some neighbourhoods were reduced to ash, businesses from ‘man camp’ suppliers to pizza parlours are preparing for a spike in demand as clean-up […]

May 12, 2016 | By | Reply More
Japex to keep oil sands operations idle after fire due to low prices

Japex to keep oil sands operations idle after fire due to low prices

Japex Hangingstone project closed for foreseeable future TOKYO, May 12 (Reuters) – Japan Petroleum Exploration (Japex) will not restart production at its Hangingstone oil sands concession in Alberta, Canada, for the foreseeable future due to low prices, even after devastating fires in the area were brought under control. Japex, which shut down its 5,000 barrels per […]

May 12, 2016 | By | Reply More
Crescent Point posts bigger Q1 loss

Crescent Point posts bigger Q1 loss

Low oil prices hamper Crescent Point May 12 (Reuters) – Canadian oil and gas producer Crescent Point Energy Corp reported a bigger quarterly loss due to weak oil prices. Crescent Point, which said it continued to lower its overall cost structure, has slashed its dividend, curbed capital spending and scaled back drilling activity to operate […]

May 12, 2016 | By | Reply More
Get your 5-cent natural gas, right here in Canada

Get your 5-cent natural gas, right here in Canada

Canadian natural gas price dropped as oil sands facilities closed due to wildfire By Scott DiSavino May 12 (Reuters) – For a brief moment this week, Canadian natural gas was basically free. While oil producers fretted over what production shut-ins, caused by a massive Alberta wildfire, would do to the price of Canadian crude oil, […]

May 12, 2016 | By | Reply More
TSX barely higher as energy sector rises after fire

TSX barely higher as energy sector rises after fire

Seven of the TSX 10 main groups fall   TORONTO, May 12 (Reuters) – Canada’s main stock index fell slightly on Thursday as losses for some heavyweight financial and mining names dragged, while energy stocks gained with higher U.S. oil prices and as oil sands employees prepared to return to work after a wildfire. At […]

May 12, 2016 | By | Reply More
Restart pace uneven for oil sands producers after wildfire

Restart pace uneven for oil sands producers after wildfire

About 1 million bpd of output shut down during oil sands area wildfire By Ernest Scheyder WANDERING RIVER, Alberta, May 12 (Reuters) – CNOOC Ltd’s Nexen is the latest Canadian oilsands company to warn customers it may not be able to fulfill supply contracts in the wake of a massive wildfire, as producers scramble to […]

May 12, 2016 | By | Reply More
Fort McMurray oil sands workers prepare for air commutes after wildfire

Fort McMurray oil sands workers prepare for air commutes after wildfire

Fort McMurray oil sands operations resuming By Liz Hampton and Devika Krishna Kumar EDMONTON, Alberta/NEW YORK, May 12 (Reuters) – Fort McMurray residents Tony Bussey and Barritt Wilson are among the fortunate of those who live in the Alberta town ravaged by wildfire – both of their homes are fine. However, they and a number […]

May 12, 2016 | By | Reply More