So far 2017 hasn't been a busy year for mergers and acquisitions in Western Canada’s energy services sector, Rhys Renouf, KPMG's National Energy Services leader, and a managing director of KPMG Corporate Finance Inc., said at KPMG’s 17th annual Energy Services Executive Roundtable in Calgary on Thursday.
While impending new rules on methane emission reductions offer significant business opportunities for service providers, regulatory uncertainty is discouraging producers from taking action, the Alberta Climate Summit heard Thursday.
The term “alternative energy” is no longer appropriate considering capital volumes flowing into new renewables currently outpaces what is going into building new fossil fuel projects globally, suggests Ethan Zindler.
Unifor says an Alberta Court of Appeal decision upholding random drug and alcohol testing of the union’s members at Suncor Energy Inc.’s oilsands operations in Alberta is a gross violation of worker’s rights.
Westcoast Energy Inc. will be expected to offset all potential direct and indirect residual effects of the Wyndwood pipeline expansion project in order to ensure no net loss of caribou habitat, says the National Energy Board (NEB) in its recently-filed reasons for approving the project.
Trican Well Service Ltd. announced that the Toronto Stock Exchange has accepted its application to make a normal course issuer bid to purchase, from Oct. 03, 2017 to Oct. 02, 2018 (or until such earlier time as the bid is completed or terminated at the option of Trican), certain of its outstanding common shares.
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