June 1, 2020, 8:37 AM MDT
June 1, 2020, 9:02 AM MDT
When the Avatar Program kicks off on June 19, it will provide an opportunity for young professionals working in the energy industry, or recently displaced by the COVID-19 pandemic, to connect and re-connect — virtually of course — to the energy workforce and industry leaders, developing business opportunities for the future.
May 28, 2020, 7:23 AM MDT
May 28, 2020, 8:15 AM MDT
May 27, 2020, 7:25 AM MDT
May 22, 2020, 8:01 AM MDT
COVID-19’s legacy — aside from its health care impacts — could include increased debt and poverty, and a GDP that will not soon return to its pre-pandemic levels, according to Elias Foscolos, energy services and infrastructure analyst from Industrial Alliance Securities Inc. Canada’s energy sector certainly will feel the impacts of this legacy as well.
May 20, 2020, 12 AM MDT
Provincial governments are slowly restarting their economies in stages, and companies in the energy sector will likely take a similar, methodical approach in returning to “normal.”
May 19, 2020, 6:37 AM MDT
May 12, 2020, 10:36 AM MDT
May 7, 2020, 8:21 AM MDT
Precision Drilling Corporation expects the federally-funded $1.7 billion well abandonment and site rehabilitation program to support the well-services business quite nicely but top executives are concerned the funding does little to support the drilling side of oilfield services – a segment experiencing record lows.
May 1, 2020, 6:17 AM MDT
Being the largest service rig company in Canada, CWC Energy Services Corp. said it will be a net beneficiary of the $1.7 billion funding package to the governments of Alberta, Saskatchewan, British Columbia and the Alberta Orphan Well Association (OWA) for well decommissioning and reclamation of abandoned and inactive wells.
May 1, 2020, 6:43 AM MDT
Husky Energy Inc. will take “learnings gained” through implementing work from home strategies for the vast majority of its office staff during the COVID-19 crisis and could apply them sometime down the road, says the company’s top executive.
April 30, 2020, 12 AM MDT
In response to the continued deterioration of industry conditions since March 27, 2020, Calfrac Well Services Ltd. has implemented further reductions to the number of staffed fleets capable of being deployed in its North American operations, which have decreased from 19 as of Feb. 29, 2020 to five fleets at present.
April 29, 2020, 3:34 AM MDT
It was a short and not very sweet annual meeting Tuesday for Calgary-based Wesern Energy Services Corp., held in a virtual formal, given the COVID-19 requirements limiting large gatherings.
April 29, 2020, 7:07 AM MDT
Yangarra Resources Ltd. will qualify for 75 per cent wage coverage from the federal government due to the significant reduction in revenue from 2019.
April 29, 2020, 3:53 PM MDT
Journey Energy Inc. has shut-in approximately 1,500 boe/d (73 per cent oil and NGL) of its production effective the first week of April.
April 27, 2020, 7:46 PM MDT
April 24, 2020, 7:19 AM MDT
Given just how recently COVID-19 and collapsing oil prices hit Canada’s energy sector, an accurate reflection of the total layoffs likely will not be known for at least a couple months, says Carol Howes.
April 22, 2020, 12 AM MDT
Workers at the Kearl Lake oilsands mine this week are being tested for COVID-19 following the confirmation of 20 cases associated with the work camp, Alberta’s chief public health officer said Tuesday.
April 22, 2020, 7:29 AM MDT
This is the second part of a three-part series examining OFS workforce issues. Part 1 is available here.
April 21, 2020, 6 AM MDT
Perhaps the greatest risk for Canada’s oilfield services from COVID-19 and low global oil prices is the permanent departure of workers from an energy sector that had already lost multitudes in recent years, says Mark Scholz.
April 20, 2020, 6 AM MDT
In anticipation of the expected decline in activity levels, Cathedral Energy Services Ltd.’s management team has implement the following cost cutting initiatives:
April 20, 2020, 5:31 AM MDT
As workplace infections spread in Alberta, the Alberta Federation of Labour has called on the Alberta government to reassess its approach to keeping workers and the public safe during the COVID-19 pandemic.
April 17, 2020, 9:35 AM MDT
Surge Energy Inc. is suspending its dividend (approximately $33.5 million in annualized savings when combined with the previously announced March 9 dividend reduction) until such time as management and board see a sustainable recovery in world crude oil prices.
April 15, 2020, 12 AM MDT