For all of the challenges facing the energy sector, occupational health and safety during a global pandemic is likely one all parties can agree should be a key focus, says Gary Mar, president and chief executive officer of the Petroleum Services Association of Canada (PSAC). Quite simply: “job one” for OFS companies is employee well-being.
March 20, 2020, 7:54 AM MDT
Oilfield service companies often rely on workers brought in from across North America, says Werner Antweiler, which is of particular concern for the Canadian oil in gas industry given the Canada-U.S. border is partially closing.
March 20, 2020, 11 AM MDT
As shown in the last two weekly POST reports, producers have been busy pulling back on planned drilling projects recently, as COVID-19 demand destruction and the ongoing Russia-Saudi oil price war impedes the industry.
March 20, 2020, 8:34 AM MDT
Global economic activity is falling at record rate as countries take action to prevent the spread of COVID-19. Simultaneously, the OPEC+ curtailment agreement has fallen apart with Russia abandoning its willingness to cut production.
March 20, 2020, 6:42 AM MDT
March 20, 2020, 6 AM MDT
As one of the world’s largest publicly traded engineering, procurement, construction (EPC) and maintenance companies, Fluor designs, builds, and maintains capital-efficient facilities for clients on six continents and delivers comprehensive solutions across a broad spectrum of industries including energy and chemicals, government, advanced technologies and life sciences, infrastructure and power, mining and metals, and operations and maintenance.
March 20, 2020, 6 AM MDT
March 20, 2020, 8:31 AM MDT
Husky Energy Inc. will begin a systematic and orderly suspension of major construction activities related to the West White Rose project.
March 20, 2020, 6 PM MDT
March 20, 2020, 8:10 AM MDT
A record amount of Canadian crude-by-rail exports was reported this morning by the Canada Energy Regular (CER).
March 20, 2020, 10:13 AM MDT
Athabasca Oil Corporation announced a $30 million reduction to its 2020 capital program and is proactively curtailing heavy oil production at Hangingstone.
March 20, 2020, 6:06 AM MDT
Haisla Nation Chief Councillor Crystal Smith is proud to support LNG development in B.C. and says projects like LNG Canada’s gas terminal are giving her people a chance to escape poverty and have hope for the future.
March 20, 2020, 6 AM MDT
In these highly uncertain times, it is vital to quickly identify the producers around the world that are best protected against new and abrupt market changes.
March 20, 2020, 6 AM MDT
At TransGlobe Energy Corporation’s May 13, 2020 annual meeting, the following current directors will be standing for election: David Cook, Carol Bell, Ross Clarkson, Ed LaFehr, Steven Sinclair and Randy Neely.
March 20, 2020, 12 AM MDT
Pipestone Energy Corp. was notified by Keyera Corp. on March 16, 2020 of an unplanned outage related to the amine train at the Keyera Wapiti plant.
March 20, 2020, 8:51 AM MDT
March 20, 2020, 7:54 AM MDT
March 20, 2020, 8:17 AM MDT
March 20, 2020, 8:38 AM MDT
Light oil-focused InPlay Oil Corp. says it no longer plans $35 million in capital spending in 2020, instead managing spending and adjusting its capital program accordingly throughout the year, deferring any capital decisions for the second half of this year.
March 20, 2020, 5:59 AM MDT
In response to the drop in oil prices, Altura Energy Inc. says it is eliminating all discretionary capital spending for the remainder of this year after forecast first quarter 2020 spending of $7 million, funded with forecast cash flow from operating activities and its credit facility.
March 20, 2020, 12 AM MDT
Perpetual Energy Inc. approved a capital spending program of $6 million for the first quarter of 2020 to drill four (4.0 net) multi-lateral horizontal wells at Ukalta.
March 20, 2020, 12 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of March 20, 2020, as reported this morning by Rig Locator.
March 20, 2020, 11:20 AM MDT
The U.S. rig count is down 20 rigs from last week to 772, with oil rigs down 19 to 664, gas rigs down one to 106, and miscellaneous rigs unchanged at two, according to Baker Hughes.
March 20, 2020, 11:08 AM MDT
While the federal government is promising assistance to help get the oilpatch back to work, fieldwork on well reclamations that are expected to be part of the package could be delayed because of the COVID-19 outbreak, says the executive director of the Orphan Well Association (OWA).
March 20, 2020, 11:36 AM MDT
High Arctic Energy Services Inc. is reducing fixed overhead and general administrative expenses to allow it to maintain and strengthen its already strong balance sheet.
March 20, 2020, 4:17 AM MDT
March 20, 2020, 10:54 AM MDT
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March 20, 2020, 8 AM MDT
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