Industry News

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


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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.

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

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

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

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

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

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

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

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

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

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

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

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

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

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“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

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“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.

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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.

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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.

“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.

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