Industry News

Find out the latest news in the Canadian oilfield services, supply and manufacturing sectors.

2016


Logo Alberta Oil
The Biggest Oil, Gas, Midstream and Service Companies of the Year: Low oil prices have taken a toll on the Alberta Oil 200, with oilfield services firms bearing the brunt of the storm – June 1, 2016
“I am continuously amazed at the sheer grit and determination I see with oilfield service providers as they accept the challenge and make the best of a situation that ultimately they can’t control,” says Jeremy Rondeau, an MNP business advisor to oil service firms.

logo BOE report
Too many unknowns to recommend fracking in western Newfoundland: review panel – May 31, 2016

GWLG-logo-purple
Exporting to Iran: What Oil & Gas Companies Need to Consider – May 24, 2016

Logo Alberta Oil
“What Canada Needs to Do to Capture the Energy Market” – May 16, 2016

Logo Petroleum News (Alaska)
“Giving ground on pipelines: Signals point to tilting of balance; Trudeau reported to support bitumen export” – May 8, 2016
ENFORM_logoNoTag_CMYK
DACC IRP Volume #24 – Fracture Stimulation (Sanctioned) – April 27, 2016

petrollmi_enform
Labour Market Outlook 2016 to 2020 for Canada’s Oil and Gas Industry – April 2016

Logo DOB
“Alberta Government Releases Royalty Technical Formulas” – April 21, 2016

Logo DOB
“Alliance To Offer More Than Loans To Assist Beleaguered Oilpatch” – April 21, 2016

alberta+notley+energy
“Alberta, B.C. discuss deal to swap pipeline for electricity”, The Globe and Mail – April 20, 2016

logo cbc news
“Analysis: Fumbled talks reveal much about OPEC, oil market” – April 19, 2016

vc_flat_logo_july16thsize
“See How the Internet of Things Will Change Your Life” Infographic – April 11, 2016

Logo Yahoo Finance
“Canadian Oil Industry No Longer Sees Alberta Advantage” – April 8, 2016

ch_300x300_rgb
“‘Virtually no drilling this summer’: Canada natural gas players fight for market share” – April 5, 2016

ch_300x300_rgb
“Alberta energy industry likely to see prices stabilize: report” – April 4, 2016

download
“Getting to yes is where British Columbians want to be”, The Independent (re-published) – March 31, 2016
BC Statistics from ResourceWorks

Logo Alberta Oil
“Breaking Up (With Employees) is Hard To Do (Right)” – March 31, 2016

Logo GE
“Zone Startups Calgary to foster innovative startups in Alberta” – March 31, 2016

Logo BNN
“Business groups urge New Brunswick to lift fracking moratorium” – March 29, 2016

Logo Alberta Oil
“The Shape of Things to Come: Inside The Alberta Government’s New Deal on Energy” – March 28, 2016
The Government of Alberta announced to stakeholders an extension of the royalty formula’s calibration process of three weeks to April 21, 2016. PSAC has actively participated in Alberta’s Royalty Review and will be watching out for members’ interests to be considered – March 24, 2016

Logo DOB
“Lower-for-longer market has many service companies in survival mode, Infographic – March 23, 2016

“The Low Oil Lowdown: 2016 Service & Supply Outlook Report” *free download – March 15, 2016
JWN and Grant Thornton developed a market outlook report for the Canadian services and supply sector. The report provides a comprehensive overview of where the western Canadian service industry sits as 2016 unfolds, including insights into how the industry has responded to deteriorating market conditions and how that response will create both challenges and opportunities in the future. The
complete report is available for free digital download.

Logo CBC News
CBC SERIES | “How Alberta and the energy sector look through the eyes of Canadians” – March 13, 2016
CBC News asked 2,098 people from across the country all sorts of questions that relate to Alberta’s current situation, through a poll commissioned from EKOS Research. Read the CBC poll to discover some interesting statistics about Canadians’ attitudes toward the energy industry. Nationwide, 92 per cent described oil and gas as either “very” or “somewhat” important to the country’s
economy. 70 per cent somewhat to strongly agree the federal government should support the energy sector.

Logo CBC News
CBC SERIES | “Poll examines Canadian attitudes towards energy and pipelines” – March 13, 2016
EKOS polled 2,100 Canadians on energy, environment and economy. Canadians think pipelines are safe, but are reluctant to see new ones built. Nationally, 69.7 per cent of Canadians think pipelines are safe.

logo@2x
“New Brunswick Commission on Hydraulic Fracturing releases final, three-volume report” – February 26, 2016
Download the report here: New Brunswick Commission on Hydraulic Fracturing: The Findings.
PSAC made a Written Submission to the New Brunswick Commission on Hydraulic Fracturing on November 18, 2015. The findings reference PSAC’s submission on Page 8 in
VII: Potential Economic, Health and Environmental Impacts of Shale Gas Development as developing the Hydraulic Fracturing Code of Conduct, and as one of
the founders of ENFORM, the safety association for the upstream oil and gas industry.

download
“10 truths about the future of energy in BC” – February 22, 2016
Here are 10 reasons why the emerging Liquefied Natural Gas (LNG) industry in British Columbia provides the best and only realistic opportunity for Canada to contribute to a world-wide transition away from a high dependency on dirtier fuels toward a new global energy paradigm.

oilprice-logo
Do Canadians Want To Stay In The Oil Business? – January 28, 2016