October 20, 2020, 7:53 AM MDT
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August 4, 2020, 12 AM MDT
With commodity prices stabilizing after the pandemic-induced collapse, Calfrac Well Services Ltd. expects a slow, steady recovery in field activity in the remainder of 2020. However, it has less clarity on any longer term recovery, company president and chief operating officer Lindsay Link told analysts at the company’s second quarter of 2020 conference call on Thursday.
July 30, 2020, 4:30 PM MDT
Chevron U.S.A Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation, and Algonquin Power & Utilities Corp. have signed a deal seeking to co-develop renewable power projects that will provide electricity to strategic assets across Chevron's global portfolio.
July 30, 2020, 7:43 AM MDT
Ovintiv Inc. recorded a second quarter net loss of $4.4 billion versus a profit of $336 million a year earlier as non-cash charges resulting from dramatically weak prices hammered the company’s bottom line.
July 29, 2020, 10:44 AM MDT
July 21, 2020, 8:05 AM MDT
July 20, 2020, 7:10 AM MDT
While takeaway capacity for Alberta crude oil production could become constrained by the end of this year as oilsands production comes back online, rail will be an option but only with a wider heavy oil differential, an energy conference heard Wednesday.
July 9, 2020, 7:24 AM MDT
Survival remains key for both oilfield services and producers in the short-term, says Kevin Neveu, president and CEO of Precision Drilling Corporation.
July 7, 2020, 8:38 AM MDT
June 25, 2020, 8:24 AM MDT
Calfrac Well Services Ltd. posted a loss of $122.86 million in the first quarter of 2020 as revenue fell 36 per cent to $305.52 million from $475.01 million amid a slowdown in the global economy from COVID-19 and the effects of the price war on the oil industry.
June 25, 2020, 11:22 AM MDT
Cold Bore Technology Inc. today outlined results from a partnership with Permian-based oil and gas producer, Hibernia Resources.
June 23, 2020, 9:35 AM MDT
June 17, 2020, 10:08 AM MDT
Parsley Energy Inc. has digitized its entire completion operations with Cold Bore Technology Inc.’s SmartPAD operating system after recording an efficiency increase of 22 per cent through optimized operations in the first quarter.
June 16, 2020, 11:37 AM MDT
June 12, 2020, 12 AM MDT
Global natural gas production continued to climb at a rapid pace, up by three per cent in 2019, surpassing the four tcm mark for the first time in history, the International Energy Agency (IEA) reported.
June 10, 2020, 5:11 AM MDT