By Heather Douglas “The transition to a zero-carbon economy will create significant opportunities for Canada, but the process of decarbonization may also cause hardship for certain workers and their communities. To ensure no one is left behind in the zero-carbon transition, governments must pursue an environmental policy agenda that prioritizes the stability of communities in…
MaXfield Group Acquired by TerraVest Capital Inc. On February 5, 2018 TerraVest Capital Inc. acquired all issued and outstanding shares of MaXfield Group Inc., a Calgary-based manufacturer of processing, storage, and transportation equipment for propane, anhydrous ammonia, and oil and gas markets. The acquisition cost $21.0 MM and is subject to a working capital adjustment….
“When the crude oil export ban was lifted in January 2016, many broadly viewed it as good for the industry and free trade but were not quite sure about its impact. In 2017, we saw U.S. exports of crude, as well as liquefied natural gas (LNG), and refined products continue to rise… “This rise aligns…
The U.S. domestic natural gas production has experienced an unprecedented increase during the past 10 years. This was mainly attributable to ongoing advancements in drilling and producing technologies, such as hydraulic fracturing and horizontal drilling, coupled with access to prolific shale plays. In just a decade, production grew to more than 26.4 tcf (trillion cubic…
By Bill Stomp More propane and petroleum marketers are benefitting from cutting-edge technology in the form of innovative apps that handle everything from geo-location, on-site invoicing, safety inspections, sales improvements, marketing automation and digital replacement of paper forms and documents. Hardly a week goes by without some new app rolling into the marketplace to help…
Outages and shutdowns at industrial plants are awfully expensive. Unscheduled stoppages are technically called “incidents,” but are otherwise known as massive screw-ups. The scale of the screw-up is the scale of the cost, usually. Keeping costs down means keeping production up. And that’s where Turnarounds come in. A deliberate, scheduled stoppage for maintenance or reconfiguration…
