Oilfield services rival makes alternative plan to restructure Calfrac debt
Wilks Brothers, LLC, says its offer would significantly lower Calfrac’s debt level and give a better recovery to stakeholders
Alberta reinstating environmental monitoring in industry, oilpatch on July 15
Testing and reporting had been suspended due to the COVID-19 pandemic
First Nations, environmentalists ask for restart of oilpatch monitoring
Companies no longer have to monitor fumes released by burning, or look for and repair leaks of methane, a greenhouse gas.
Oilpatch advocates tell MPs help needs to be faster, easier to get
OTTAWA — Representatives from Canada’s oilpatch said May 28…
Plastics bans, environmental monitoring get short shrift
Retailers banned reusable packaging as use of plastic containers went up, and some cities cut or cancel recycling programs.
Alberta’s failed oil and gas bailout a warning to feds: report
Says $1.1 billion invested in small and midsize oil and gas companies – one went bankrupt, more likely to follow as share prices tank.
Oilpatch workers face pay cuts, layoffs as companies react to low prices
Current downturn has hit the Calgary-based oilfield services sector hardest.
Unpaid taxes from energy companies to Alberta towns more than double
One oilpatch consultant describes it as a tax revolt to decrease their assessments and change those costs.
Oilpatch reaction muted after minority Liberal election win
Reaction suggests the widely predicted election outcome was baked into heavily discounted energy stock prices.
High employees, higher costs when marijuana legalized: oil and gas CEOs
Policing safety of the workplace, drug testing, absenteeism, counselling cited.
As technology replaces jobs, a leaner oilpatch emerges from downturn
Automation and other labour-saving efficiencies will likely keep many jobs from returning with the economic recovery.
Thieves target crack pipes, copper wire as oilpatch crimes spike
RCMP reports 854 crimes in 10 months, exceeding 2015 total: increase blamed on Alberta’s economic slowdown.
Trump’s vow to soon ramp up US production concerns Canada’s oilpatch
Could divert investment away from Canada to the US and exacerbate a glut in American production.
As oilpatch bleeds, Alberta’s high-tech sector needs workers
A 2015 forecast estimated Alberta’s tech sector would need to add 17,000 information technology workers by 2019.
Those left out of EI changes should ‘be pleased’ they’re not harder hit: Trudeau
The federal budget boosted EI benefits for some parts of the country, but left some areas of the oilpatch out.