The roaring 1970s — when people flooded into Alberta for energy-related job opportunities — appear to be long past with a large percentage of unemployed oil and gas workers saying they’re ready to move to another province, retire or retrain for jobs outside the industry.
November 30, 2020, 6 AM MST
PetrolLMI, a division of Energy Safety Canada, has released the first two parts of a four-part series on work practices, productivity and opportunities in Canada’s energy workforce.
November 23, 2020, 6 AM MST
The Conference Board of Canada has released a new report which says the economic benefits of LNG development are so extensive it will help lift Indigenous communities out of poverty and advance reconciliation between Indigenous and non-Indigenous Canadians.
November 11, 2020, 2:45 PM MST
Improving industry demand resulted in the addition of a fourth fracturing crew in early October, said Trican Well Service Ltd.
November 6, 2020, 9:50 AM MST
In a very tough market for oilfield service providers, Calgary-based NCS Multistage Holdings Inc. reported a net loss of $5.86 million in the third quarter of 2020, compared to a gain of $3.62 million last year in the quarter.
November 5, 2020, 8:13 AM MST
Despite health-related setbacks caused by the COVID-19 pandemic and a slowdown in LNG demand, construction continues on Canada’s first mega LNG project being built on the B.C. coast.
November 2, 2020, 6 AM MST
An LNG export project planned for Port Saguenay, Que., appears to be moving ahead, despite recent setbacks.
November 2, 2020, 9:20 AM MST
Calgary-based utility and midstream company AltaGas Ltd. will consider becoming two separate entities in the future, with a midstream company and a utility, according to its CEO and president.
October 29, 2020, 8:53 AM MDT
Vancouver-based Teck Resources Limited, which has a stake in Suncor Energy Inc.’s Fort Hills oilsands project, is looking at selling that interest in the future, according to the company’s president and CEO.
October 27, 2020, 11:15 AM MDT
A Prague-based heavy oil technology company which has developed an enhanced oil recovery (EOR) technology it calls Exothermic Chemical Treatment (ECT) pitched its technology in a webinar in Calgary.
September 23, 2020, 8:14 AM MDT
The technology that is being taken to the commercial stage by Calgary-based Carbonova Corp. may sound almost too good to be true, but companies in the concrete-production, auto parts, sports equipment and other sectors that are working with the firm to use the carbon dioxide-sourced material it produces are believers.
September 17, 2020, 7:16 AM MDT
An Acheson, Alberta-based company that was launched by a father and his two sons, none of whom have an engineering background, has grown to become one of the most technologically sophisticated oilfield service companies in the world, with the underlying aim of helping to make the oil and gas industry “safer and smarter.”
September 11, 2020, 10:59 AM MDT
Optimism has been in short supply in 2020. The COVID-19 pandemic and resulting plunge in oil prices has put an already battered Canadian energy industry back into survival mode, with the future looking uncertain.
September 8, 2020, 9:29 AM MDT
Pedro Pereira-Almao is convinced the in-situ bitumen and heavy oil upgrading technology he and his team at the University of Calgary have developed can reduce carbon dioxide emissions by 80 per cent by eliminating the use of steam, while drastically reducing production costs and rendering SAGD technology virtually obsolete.
September 4, 2020, 8:12 AM MDT
Add Total Energy Services Inc. to the long list of Canadian oilfield service companies that were walloped financially by COVID-19, as the company recorded a dramatic decline in revenue in the second quarter of 2020.
August 12, 2020, 9:53 AM MDT
Calgary-based Hifi Engineering Inc., developer of next generation fibre optic sensing technology that provides pipeline leak and stress detection capabilities, would not even exist today were it not for the financing that has launched many successful businesses.
August 11, 2020, 8:45 AM MDT
The digital oilfield is a catchphrase that has come into increasingly common use but, unlike many other companies that use the phrase, Nisku, Alberta-based Latium Technologies, Inc. actually delivers on its potential with some of the biggest names in heavy industry today.
August 6, 2020, 11:05 AM MDT
Canadian oilsands producers have steadily improved their environmental performance from a greenhouse gas emissions (GHG) standpoint, a new study concludes, even though the disruptions caused by COVID-19 have likely halted that progress temporarily.
August 6, 2020, 9:32 AM MDT
MEG Energy Corp., like other Canadian oilsands producers, was hit hard by the COVID-19-related price shock in the second quarter of 2020, but a vigorous hedging initiative, reduced capital spending and across-the-board salary reductions allowed it to contain its financial losses.
July 28, 2020, 8:07 AM MDT
Teck Resources Limited, Canada’s largest diversified mining company, was hit hard by the impact of COVID-19 on its operations in the second quarter, the company said on Thursday, with the producer of steelmaking coal, copper and zinc — and with a presence in the oilsands — recording a loss, as prices for all the commodities it produces declined.
July 23, 2020, 3:13 PM MDT
You’d think Source Energy Services Ltd., Canada’s largest frac sand provider, would have enough of a logistics challenge transporting its northern white sand about 2,100 kilometres by rail from the three mines it owns in Wisconsin.
July 22, 2020, 9:39 AM MDT
Tourmaline Oil Corp.’s president and CEO made it very clear on Tuesday during a webcast conference that natural gas holds out much more hope for his company in the near future than crude, a point echoed by other executives at the event.
July 8, 2020, 12 AM MDT
The development of the new LNG plants in Canada that appear most likely to proceed could create up to 8,300 jobs in the upstream sector, several thousand peak construction jobs, 1,200 or more operations positions and thousands of spin-off jobs in local communities, according to a new report.
June 25, 2020, 7:55 AM MDT
This article continues yesterday’s look at how industry associations are dealing with the fallout from COVID-19. Today’s article reports on some of the smaller industry groups in Calgary.
June 16, 2020, 9:47 AM MDT
Canada’s oilfield service industry is facing “an existential crisis” that threatens its very existence, says the head of an association that represents that sector, but can claim some success in having received direct government help and government loan backing that will allow companies to survive
June 15, 2020, 9:51 AM MDT