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…

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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.…

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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.…

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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…

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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…

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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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