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News Chemicals Manufacturing Oil & Gas General Machinery and Equipment Maintenance
August 11, 2021  

Richardson acquires Control Chemical Corporation

Richardson International Litd. purchased Control Chemical Corporation, a manufacturer

News Energy Oil & Gas General Production
November 19, 2020  

Drilling forecast calls for 14% rebound in 2021 from depths of 2020

The Canadian Association of Oilwell Drilling Contractors expects 3,771 wells to be drilled next year.

News Energy Oil & Gas General
July 29, 2020  

Prolonged oil industry slump leads to third cut in Canadian drilling forecast

The Petroleum Services Association of Canada says it now expects just 2,800 wells will be drilled in Canada this year

News Energy Manufacturing Oil & Gas General Production
April 22, 2020  

Energy sector shutting down oil production as low crude oil prices persist

More producers join a growing list of companies reducing spending and cutting production.

News Energy Manufacturing Oil & Gas General
March 17, 2020  

Spring breakup slowdown offers needed pause for hard hit drilling industry

Drilling will be reduced even more than usual: 31% decline forecast for average working rig count in Canada for the rest of 2020.

News Energy Manufacturing Oil & Gas General
May 14, 2019  

Ensign Energy exec forecasts Canadian drilling rebound

Company hopes to put 45 to 50 rigs to work in Western Canada in the third quarter.

News Energy Oil & Gas General
May 2, 2019  

PSAC cuts oil and gas drilling forecast again as slowdown deepens

Slowdown due to decaying investor confidence as export pipeline projects are delayed.

News Oil & Gas General
April 22, 2019  

Acquisitions, insolvencies cited as drilling company count tumbles by 40%

The Canadian drilling market would benefit from more consolidation given recent declines in drilling activity.

News Energy Manufacturing Oil & Gas General Production
February 14, 2019  

Western Energy sends drilling rig to US south as Canadian activity dries up

Drilling contractors have relocated 20 of their rigs to the US in 2018 to now, up from just six in 2017.