For those used to an office setting, working from home during the ongoing COVID-19 pandemic brings a whole new set of challenges, including difficulties separating work life from home life.
March 25, 2020, 12 AM MDT
In regular times, Horizon North Logistics Inc. supplies workforce accommodations, camp management services, access solutions, and maintenance to Canada’s oil and gas industry. For example, the first 536 beds of its Crossroads Lodge in Kitimat were operational by year-end 2019, with the full 736-bed facility operational in Q1 of this year.
March 25, 2020, 7:43 AM MDT
A key task for the newly-appointed Alberta Economic Recovery Council will be looking at what the province can do to ensure the growth of the economy over the long term, and with it value-added high-paying jobs as it begins an expected recovery this fall, says the council’s chair.
March 25, 2020, 7:56 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of March 25, 2020, as reported this morning by Rig Locator.
March 25, 2020, 11:39 AM MDT
Baytex Energy Corp. received notification on March 24, 2020 from the New York Stock Exchange (NYSE) that it was no longer in compliance with one of the NYSE’s continued listing standards because the average closing price of its common shares was less than US$1share over a consecutive 30 trading period.
March 25, 2020, 3:15 PM MDT
The total enterprise value of merger and acquisition (“M&A”) transactions in the Canadian oil and natural gas industry dropped 34 per cent, falling to approximately $8.0 billion in 2019 from the $12.1 billion recorded in the previous year.
March 25, 2020, 8:31 AM MDT
The near-term impact of both COVID-19 and the Saudi-Russia oversupply tactics “will be significant, and a period of heightened market volatility and low global crude prices is expected,” says Sproule Associates Ltd. in the recently released Special Market Report: 2020 Unleashes Unprecedented Volatility On Global Crude Markets.
March 25, 2020, 6 AM MDT
March 25, 2020, 6 AM MDT
Industry must cut Western Canada’s crude production by some 11 per cent for April, says Rystad Energy AS, as the country is days away from running out of available storage capacity given the large global supply surplus created by the COVID-19 demand deconstruction and an ongoing Saudi-Russia oil price war.
March 25, 2020, 8:30 AM MDT
March 25, 2020, 8:51 AM MDT
Work is continuing on both the Coastal GasLink pipeline project and the Trans Mountain pipeline expansion with extra precautions to ensure the health and safety of employees amid the COVID-19 outbreak.
March 25, 2020, 9:27 AM MDT
Secure Energy Services Inc. will reduce its 2020 capital program by $20 million, or 25 per cent, from the amount previously announced.
March 25, 2020, 6:57 AM MDT
Murphy Oil Corporation announced that president and CEO, Roger Jenkins, has pending test results, a presumptive diagnosis of COVID-19, and has taken a temporary medical leave.
March 25, 2020, 8:17 PM MDT
CNOOC Limited’s Canadian production in 2019 fell to 25.8 million boe, from 25.5 million boe in 2018.
March 25, 2020, 12 AM MDT
Bonavista Energy Corporation and its banking syndicate have agreed, subject to certain conditions, to a waiver of conditions precedent to drawdown under the facility until April 27, 2020.
March 25, 2020, 12 AM MDT
March 25, 2020, 10:56 AM MDT
March 25, 2020, 10:05 AM MDT
March 25, 2020, 8:25 AM MDT
March 25, 2020, 8:41 AM MDT
Saturn Oil & Gas Inc. has secured a fixed price hedge on production of 400 bbls/d oil at C$65.40/bbl through February 2021.
March 25, 2020, 7:03 AM MDT
March 25, 2020, 8:31 AM MDT
March 25, 2020, 8:02 AM MDT
March 25, 2020, 8:15 AM MDT
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