Service & Supply
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…
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…
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…
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…
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…
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…
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…
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…
LNG boom helps orders soar at world’s No. 2 oil contractor
Friday, January 21, 2022, 6:45 AM MST
Oil and gas drilling is big business once again, if the leap in demand for services from Baker Hughes Co.,…
Calfrac Well Services names interim chief executive
Friday, December 17, 2021, 6:08 AM MST
Calfrac Well Services Ltd. says George Armoyan has been appointed as interim chief executive officer. In connection with the change,…
Halliburton sees world headed for oil scarcity amid spending cut
Tuesday, December 7, 2021, 6:34 AM MST
Halliburton Co., the biggest provider of fracking, warned that the world is headed into a period of scarcity for oil…
Labour shortages slowing pace of fleet activations, Calfrac Well Services says
Wednesday, November 3, 2021, 6:14 AM MDT
Calfrac Well Services Ltd says widespread labour shortages are a challenge for the sector even as a rally in commodity…
