01 April

The Alberta government and oil transportation companies are pressing ahead with plans to move 120,000 barrels per day of crude by rail, ignoring threats to quash the deals from the man tipped to become the province’s next premier. Latest polls show United Conservative Party leader Jason Kenney is on track to oust the New Democratic […]

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01 April

WTI continues to close in on 200-dma The Canadian dollar was the best performer in the first quarter and is off to a sparking start to Q2. The catalyst is oil with WTI now up $1.30 on the day to $61.44. Earlier, the Canadian dollar was restrained by a soft local PMI that contrasted with […]

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01 April

Join us for an announcement of exclusive poll results uncovering Albertans’ voting intentions, followed by a lively panel featuring some of Calgary’s most prominent media personalities who will discuss the upcoming General Election and hot button energy issues. Wednesday, April 3rd. 2019 7:00 am – 9:00 am Calgary Petroleum Club Click here to get your […]

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01 April

Image: Frac Shack Inc. Acheson, Alta.-based Frac Shack Inc. says it has entered the Argentina oil and gas market through a 51 percent owned subsidiary. The company sells a patented frac fuel delivery system that it says is designed to significantly reduce the dangers of hot fuelling during continuous fracs by removing workers from the […]

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01 April

Image: Joey Podlubny/JWN The Canadian oilfield service industry is quite pessimistic about day rates for 2019, especially compared to last year. Thirty-nine per cent of respondents to the 2019 Daily Oil Bulletin Service & Supply Outlook Survey expect day rates to decline this year, compared to 17 per cent that foresee an increase, and none […]

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01 April

Image: Coal Association of Canada A downtrend in coal mining in Alberta over the last several years appears to be being reversed. Last year saw a rebound in activity, according to a report released earlier this year by Alberta Energy’s Coal and Mineral Development Unit. “After a decrease in bituminous coal mining activity in the […]

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01 April

Matrix Service logo Hancock Whitney Corp acquired a new position in shares of Matrix Service Co (NASDAQ:MTRX) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 24,082 shares of the oil and gas company’s stock, valued at approximately $432,000. Other hedge funds […]

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01 April

Matrix Service logo Hancock Whitney Corp acquired a new stake in Matrix Service Co (NASDAQ:MTRX) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 24,082 shares of the oil and gas company’s stock, valued at approximately $432,000. Hancock Whitney Corp owned about 0.09% […]

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01 April

April 1 (Reuters) – Futures pointed to a higher opening for Canada’s main stock index on Monday, led by rising crude and strong manufacturing data from China which boosted global investor sentiment. China’s manufacturing sector unexpectedly returned to growth for the first time in four months in March, in a sign that government stimulus measures […]

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01 April

There’s still time to join the SPE/CHOA Slugging It Out Conference taking place 16 April 2019. If you’re part of the heavy oil community, then this valuable, one-day conference is the place to be to learn, share, connect, and network. Highlights of the day’s events include: An Opening Keynote presentation discussing Rail’s Role in Accessing […]

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