In Western Canada, a “labour crunch” already began to show itself this past winter as oilfield service companies could not get to projects as quickly as customers would have wanted due to staffing, says Duncan Au, president and chief executive officer at CWC Energy Services Corp.
May 10, 2021, 6:40 AM MDT
While Cenovus Energy Inc. management has offered few details on the progress being made on the company’s asset divestiture efforts, CEO Alex Pourbaix says that shouldn’t be misconstrued as inaction and the company is continuing the process of investigating potential opportunities behind closed doors.
May 10, 2021, 2:28 PM MDT
Ensign Energy Services Inc. has been raising its rates coming out of spring breakup by $1,000 per day, says Bob Geddes, president and chief operating officer, and the oilfield services company is talking with clients about possibly increasing rates by $2,000 per day going into the fall.
May 10, 2021, 2:16 PM MDT
For Ensign Energy Services Inc., Canada remains one of the most challenged areas both geopolitically and due to continuing COVID-19 issues, as well as in terms of securing a skilled workforce, says top brass.
May 10, 2021, 7:31 AM MDT
TC Energy Corporation says it will shift its capital allocation over time to meet the energy mix of the future, although it expects no fundamental change to the company’s risk preferences.
May 10, 2021, 8:38 AM MDT
The Canada Energy Regulator (CER) Crown consultation staff has applied for an extension until May 26, 2021, to file its Crown consultation report on the West Alternative Route.
May 10, 2021, 9:18 AM MDT
The world is changing and the change is rapid. Everybody needs to adapt and evolve and become more aware of the ways we live and how that affects our future.
May 10, 2021, 8:53 AM MDT
Environmental, social and governance (ESG) continues to evolve as a strategic business imperative for organizations across all sectors.
May 10, 2021, 6 AM MDT
Evaluate Energy’s popular quarterly M&A report has expanded in Q1 to include a review of green and renewable energy sector deals by companies historically associated with oil and gas production.
May 10, 2021, 6 AM MDT
An Alberta Energy Regulator (AER) public hearing for Prosper Petroleum Ltd.’s Rigel project has been canceled.
May 10, 2021, 11:15 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of May 10, 2021, as reported this morning by Rig Locator.
May 10, 2021, 11:28 AM MDT
Avanti Energy Inc. has acquired a strategic land package under lease from the government of Alberta.
May 10, 2021, 6:49 AM MDT
May 10, 2021, 10:57 AM MDT
May 10, 2021, 11:29 AM MDT
Cathedral Energy Services Ltd. closed its previously announced non-brokered private placement of 12.65 million common shares at a price of 25 cents per share for gross proceeds of $3.16 million.
May 10, 2021, 6 AM MDT
Athabasca Oil Corporation has executed an amending Hangingstone Transportation and Storage Services Agreement (TSSA) that resulted in a $44 million prepayment from restricted cash and a $5 million reduction to annual tolls.
May 10, 2021, 6:55 AM MDT
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