Service & Supply

Suncor uninterested in selling Petro Canada, CEO says despite shareholder pressure

Tuesday, May 10, 2022, 1:29 PM MDT

Suncor Energy Inc. is not interested in selling off its Petro-Canada retail network, the oil giant's chief executive said Tuesday,…

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Ensign Energy Services reports first quarter revenue up more than 50%

Tuesday, May 10, 2022, 6:09 AM MDT

Ensign Energy Services Inc. reported a profit in its latest quarter compared with a loss a year ago as its…

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Calfrac Well Services reports Q1 loss, revenue up 38 per cent from year ago

Tuesday, May 3, 2022, 2:19 PM MDT

Calfrac Well Services Ltd. reported a first-quarter loss of $21.5 million compared with a loss of $22.4 million in the…

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Halliburton says it must end some contracts in Russia by May 15 on sanctions

Monday, April 25, 2022, 6:31 AM MDT

Halliburton Company said that sanctions imposed by the U.S., the EU and others require the company to wind down certain…

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Schlumberger says Russia isolation spurs drilling elsewhere

Friday, April 22, 2022, 6:39 AM MDT

Schlumberger said Russia’s war on Ukraine is spurring an exploration boom as buyers search for alternative crude supplies. The world’s…

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Baker Hughes warns of broad inflation after missing estimates

Wednesday, April 20, 2022, 6:29 AM MDT

Baker Hughes Co. reported lower than expected first-quarter earnings and said the rest of the year will be impacted by…

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Safety is a top priority for long-time STARS supporter ConocoPhillips

Monday, April 11, 2022, 8:42 AM MDT

ConocoPhillips Canada has a long-standing principle that “our work is never so urgent or important that we cannot take time…

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Oilfield services company Calfrac Well Services suspending any investments in Russia

Tuesday, March 29, 2022, 6:20 AM MDT

Calfrac Well Services Ltd. says it is suspending any investments in Russia. The company says even though the provision of…

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Parkland Q4 profit down, hurt by refinery pause due to B.C. floods, raises dividend

Friday, March 4, 2022, 6:40 AM MST

Parkland Corp. reported its fourth-quarter profit fell compared with a year ago, hurt by a pause in refinery processing operations…

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Energy infrastructure firm Enerflex signs all stock deal to buy U.S. company Exterran

Tuesday, January 25, 2022, 6:14 AM MST

Enerflex Ltd. has signed an all-stock deal to buy U.S. company Exterran Corp. in an agreement that values the company…

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Schlumberger bets on growth with $2 billion plan

Monday, January 24, 2022, 6:59 AM MST

Schlumberger is gearing up for growth around the world as the No.1 oilfield contractor expects recovering economies to ignite several…

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Halliburton lifts payout for the first time in more than 7 years

Monday, January 24, 2022, 6:51 AM MST

Halliburton Co. more than doubled its dividend after the world’s top fracking provider recorded its biggest quarterly profit in more…

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