Service & Supply
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…
Calfrac Well Services reports Q3 loss, revenue more than doubles from year ago
Tuesday, November 2, 2021, 5:59 AM MDT
Calfrac Well Services Ltd. reported a loss in its latest quarter as its revenue more than doubled compared with a…
Air charter helps Albertans benefit from Texas oil development
Thursday, October 28, 2021, 6 AM MDT
The oil industry in Texas has been a driving force of the North American economy for decades. Spanning parts of…
Baker Hughes joins Halliburton in Ida-fuelled earnings hit
Thursday, October 21, 2021, 6:53 AM MDT
Another disappointment to jolt the oil-services sector: Baker Hughes Co. reported a third-quarter earnings stumble that included pain from Hurricane…
