Schlumberger , The Canadian Press Schlumberger Ltd. (SLB.N 3.90%), the world’s biggest oilfield servicer, said the global oil industry is set to improve in 2019, supported by a “solid demand […]
Read MorePrice spikes will allow large Calgary-based oil companies to register huge quarter-over-quarter increases in profitability. (Larry MacDougal/Canadian Press) Lower discounts on western Canadian oil prices have swollen producer coffers in […]
Read MoreBusiness news. – 123RF Stock Photo CALGARY/OTTAWA – A one-month delay by the federal government to decide on the Trans Mountain pipeline expansion will drive up the costs of the […]
Read MoreUnion Pacific’s first-quarter profit chugged ahead 6 percent even though the railroad hauled 2 percent fewer carloads and dealt with massive flooding. The Omaha-based railroad said Thursday it earned $1.39 […]
Read MorePhoto: ONGC container-based polymer dispersion unit with maturation tank (right) and polymer injection pumps with manifold (left). NEW DELHI — Significant oil recovery has been obtained by a pilot in […]
Read MoreLower discounts on western Canadian oil prices have swollen producer coffers in the first three months of the year but analysts say they don’t expect to see many increases in […]
Read MoreThe U.S. rig count fell 10 units to 1,012 during the holiday-shortened week ended April 18, including declines in Louisiana, Oklahoma, Texas and Wyoming, according to data from Baker Hughes, […]
Read MoreJason Kenney, a career politician and leader of the United Conservative Party, was elected premier of Alberta, Canada, in April. Credit: Keith Beaty/Toronto Star via Getty Images The home province […]
Read MoreImage: Joey Podlubny/JWN Calgary-based Secure Energy Services has acquired assets in one of the largest crude oil storage and trading hubs in North America. For a total purchase price of […]
Read MoreTim McMillan, Canadian Association of Petroleum Producers President and CEO, speaks during a press conference on Parliament Hill in Ottawa on Monday, Feb. 26, 2018. The Alberta oilpatch is applauding […]
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