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News Energy Oil & Gas Business Operations General
June 20, 2017  

EQT buys Rice Energy to create shale gas drilling giant

Companies expect deal to close in Q4.

News Energy Manufacturing Oil & Gas Business Operations General Sustainability
May 17, 2017  

Oilfield services M&A picks up as battered drillers seek lower costs, scale

Drillers and service companies are rehiring staff and redeploying equipment after cutting costs to the bone during the downturn.

News Energy Manufacturing Oil & Gas Business Operations General Operations Production Sustainability
November 11, 2016  

Bust to boom: oilfield firm can’t get enough staff to cover rising activity

Forecast calls for 4,175 wells to be drilled in Canada next year, up about 6% over 2016.

News Energy Oil & Gas General Operations Production
October 15, 2015  

Aveda Transportation cuts 51 jobs as service sector pains continue

Cuts were to administrative and field staff and include corporate positions in both Calgary and Houston.

News Energy Manufacturing Oil & Gas General Operations Production
April 21, 2015  

Low oil prices force Halliburton to cut 9,000 jobs

Oilfield services giant posts Q1 loss of $643 million.

News Government Manufacturing Oil & Gas General Operations Production
March 26, 2015  

Schlumberger Ltd. fined $232M for trade sanction violations

Charges resolve a yearslong investigation into allegations the company illegally conducted business with Sudan and Iran.

News Energy Oil & Gas General Operations Production
February 4, 2015  

Newalta cutting 180 jobs to reduce costs

Layoffs follow a hiring freeze imposed in December and the suspension of salary increases.

News Energy Manufacturing Oil & Gas Business Operations Economy General Operations
December 8, 2014  

Precision Drilling lowers spending, sells part of US operation

Announcement comes as the oilfield services industry and energy producers grapple with a dramatic decline in oil prices.

News Energy Oil & Gas Business Operations Operations Sustainability
April 18, 2013  

Edmonton’s Pipeworx added to US firm’s group of pipeline contractors

Pipeworx will be an operating unit of PLH Group Inc., an oilfield services firm.

News Energy Metals Business Operations Facilities Maintenance Operations Sustainability Technology
August 30, 2012  

Russel Metals has early stage deal to buy Apex

Acquisition will add to the Russel’s energy tubular segment.