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 […]
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Business 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 […]
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Lower 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 […]
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Tim 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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