Precision Drilling Corporation reported strong demand for its services in Canada during the first quarter of 2022, with customers extending the winter drilling programs well into the traditional spring breakup period, driving first quarter activity up almost 15 per cent from the same period last year.
May 2, 2022, 12 AM MDT
Rig Locator records show 17,179 operating days were booked in the first quarter of 2022 by members of the Canadian Association of Energy Contractors (CAOEC), up by 40 per cent from 12,300 days booked last year.
May 2, 2022, 12 AM MDT
The active rate in Western Canada fell through April on the seasonal slowdown, but it is still trending higher than the last couple of years, according to Rig Locator, and the outlook is positive for activity for the remainder of the year, says a top driller in the basin.
May 2, 2022, 8:44 AM MDT
TC Energy Corporation sees plenty of opportunity to support LNG exporters as the global market increasingly focuses on a balance between energy security with energy transition, suggests president and chief executive officer François Poirier.
May 2, 2022, 11:05 AM MDT
Imperial Oil Limited expects demand recovery which led to a steady increase in oil and natural gas prices to continue, while the West Texas Intermediate-Western Canada Select differential should remain relatively tight in the coming quarters.
May 2, 2022, 12 AM MDT
While the world is focused on net-zero emissions by 2050, a Calgary-based cleantech company has developed an improved lower-emissions diesel fuel that in the meantime could make a difference in providing cleaner air for communities.
May 2, 2022, 8:30 AM MDT
Royal Helium Ltd. and Imperial Helium Corp. have entered into an agreement to effect the arm's length acquisition of Imperial by Royal through a plan of arrangement.
May 2, 2022, 11:25 AM MDT
The Canada Energy Regulator (CER) has approved Trans Mountain Corporation’s application for 2022 final tolls as filed.
May 2, 2022, 9:02 AM MDT
May 2, 2022, 8:07 AM MDT
Halliburton Company announced senior executive leadership changes as part of its succession management process.
May 2, 2022, 7:42 AM MDT
ConocoPhillips announced that Tim Leach, previously executive vice-president, Lower 48, has become advisor to the chief executive officer, effective May 1, 2022.
May 2, 2022, 7:37 AM MDT
CWC Energy Services Corp.’s Q1 2022 revenue of $40.8 million was an increase of $16.1 million compared to $24.7 million in Q1 2021.
May 2, 2022, 12 AM MDT
Petrus Resources Ltd. has completed its previously announced rights offering which expired on April 26, 2022.
May 2, 2022, 7:48 AM MDT
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May 2, 2022, 1:24 PM MDT
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