Whitecap Resources Inc. is well positioned to seize opportunities as the oil and gas industry enters a consolidation phase, says chief executive officer Grant Fagerheim.
July 30, 2020, 11:06 AM MDT
After the slowest second quarter on record, the start of the summer has seen only a muted uptick in Canadian industry activity, although more rigs are expected online in the coming days, says the chief executive officer of Precision Drilling Corporation.
July 24, 2020, 10:28 AM MDT
Oil and gas producers are beginning to cut jobs on the heels of significant cuts to the oilfield services sector in the first half of 2020.
June 26, 2020, 6:30 AM MDT
The universe’s smallest molecule could have the largest potential in the energy transition says David Layzell, research director at The Transition Accelerator.
June 9, 2020, 9:02 AM MDT
Don’t say goodbye to in-person meetings and conferences just yet.
June 5, 2020, 8:54 AM MDT
Newfoundland and Labrador’s offshore industry is calling on the federal government to immediately “step up” once again to support its struggling offshore industry.
May 27, 2020, 10:48 AM MDT
Veteran oil men Jim Gray and Greg Stringham have seen their share of downturns from the first major oil collapse in 1986 to the aftermath of post 9/11, and in the case of Gray, the 1970s oil crises.
May 11, 2020, 6 AM MDT
Baytex Energy Corp. has signed a strategic land agreement with the Peavine Metis settlement in the Peace River area that covers 60 sections of land south of its existing Seal operations.
May 8, 2020, 11:05 AM MDT
Total Energy Services Inc. has made “unprecedented adjustments” to its North American cost structure in arguably the most challenging operating environment in its 24 years, says the company’s chief executive.
May 7, 2020, 2:54 PM MDT
Some oil companies have sent emergency responders and equipment to deal with the flooding in Fort McMurray while keeping a close eye on their oilsands operations.
April 29, 2020, 9:52 AM MDT
The makers of a process that transforms Alberta bitumen into a semi-solid are planning its first commercial shipment of BitCrude to Asia — potentially in the second quarter of 2020.
April 20, 2020, 10:02 AM MDT
Surviving and adapting to new challenges, crises and realities is nothing new for oil and gas companies operating in Canada.
April 13, 2020, 7:44 AM MDT
Pay cuts and rollbacks in salaries are becoming more prominent across organizations as COVID-19 and the Saudi-Russia price war continues to disrupt the industry.
April 8, 2020, 2:35 PM MDT
Touted to be the next major offshore development in Atlantic Canada, the Bay du Nord project has been “deferred indefinitely” raising concerns about offshore projects in the region.
March 31, 2020, 6 AM MDT
Amid the Russia-Saudi price war coupled with the global pandemic, the Petroleum Services Association of Canada (PSAC) has scrapped its oilfield services mid-year activity update in April.
March 24, 2020, 10:12 AM MDT
Oilpatch companies are taking aggressive steps to address their ‘number one priority’ of protecting employees in the office and in the field from the spread of COVID-19 by implementing work-at-home plans and reducing sites to essential personnel only.
March 17, 2020, 1:50 PM MDT
High Arctic Energy Services Inc. is taking a hard look at its business as it assesses the impact of the recent global events on its operations.
March 13, 2020, 11:20 AM MDT
Drilling operating days were up in Ensign Energy Services Inc.’s Canadian and American drilling segments year-over-year in 2019.
March 10, 2020, 8:44 AM MDT
Calfrac Well Services Ltd. isn’t likely to add capacity to its Canadian operations unless there’s meaningful improvement in pricing and returns, despite anticipated higher rig counts and activity in the first quarter of 2020 compared to a year ago.
March 6, 2020, 9:11 AM MST
Whitecap Resources Inc. navigated a volatile year in crude oil prices in 2019, posting slightly lower than average production volumes with a reduced capital budget.
February 27, 2020, 11:34 AM MST
Gibson Energy Inc. expects to begin construction on its diluent recovery unit (DRU) near its Hardisty rail facility over the next few months.
February 25, 2020, 11:13 AM MST
Inter Pipeline Ltd. has spent $2.2 billion on the Heartland Petrochemical complex — including $1.2 billion in 2019 in what CEO Christian Bayle said was an ‘capital intensive’ year for the company.
February 24, 2020, 12 AM MST
Mullen Group Ltd. is not ruling out putting its energy services businesses on the market as it continues to evolve into a logistics-focused company.
February 14, 2020, 9:22 AM MST
On any given day at the height of the oil boom, countless oilfield service trucks and industry vehicles would be a matter-of-course on Red Deer County roads.
February 11, 2020, 12 AM MST
Crude-by-rail contracts signed under the previous NDP government have been offloaded to private companies, says Alberta Premier Jason Kenney.
February 11, 2020, 4:01 PM MST