Service & Supply
Calfrac reports higher revenue, lower net loss in second quarter amid higher pricing
Friday, July 29, 2022, 6:20 AM MDT
Calfrac Well Services Ltd. reported a lower loss in its most recent quarter as its revenues climbed amid improved pricing…
Mullen Group reports $42.7M Q2 profit, revenue up 67 per cent from year ago
Thursday, July 21, 2022, 6:22 AM MDT
Mullen Group Ltd. nearly doubled its second-quarter profit compared with a year ago as its revenue rose 67 per cent.…
Precision Drilling buying Canadian well servicing business from High Arctic
Monday, July 18, 2022, 2:30 PM MDT
Precision Drilling Corp. has signed a deal to buy the Canadian well servicing business of High Arctic Energy Services Inc.…
Irving Oil invests in hydrogen to lower emissions, offer clean energy to customers
Tuesday, July 12, 2022, 1:39 PM MDT
Irving Oil is expanding hydrogen capacity at its Saint John, N.B., refinery in a bid to lower carbon emissions and…
Gasoline prices drop as recession fears rise, refiner margins narrow
Thursday, July 7, 2022, 1:23 PM MDT
Gasoline prices dropped about 12 cents a litre overnight in Ontario and are down across much of Canada after a…
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,…
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…
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…
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…
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…