Service & Supply

Discussions about N.L. oil refinery future ongoing: Premier

Tuesday, October 6, 2020, 6:10 AM MDT

Newfoundland and Labrador Premier Andrew Furey says discussions about the future of an oil refinery in Come By Chance, N.L.,…

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Calfrac makes changes to recapitalization plan in an effort to woo shareholders

Friday, September 25, 2020, 6:23 AM MDT

Calfrac Well Services Ltd. says its board has formally rejected a takeover offer by Texas-based Wilks Brothers LLC and made…

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B.C. regulator to inspect oil and gas camps

Thursday, September 17, 2020, 8:59 PM MDT

The BC Oil and Gas Commission (OGC) will begin inspecting oil and gas camps to ensure companies have the proper…

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Calfrac delays vote on recapitalization plan to Sept. 29 after Wilks Brothers offer

Monday, September 14, 2020, 6:11 AM MDT

Calfrac Well Services Ltd. is postponing a vote on its recapitalization plan following an unsolicited takeover offer for the company…

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Calling all unemployed and temporarily furloughed oil and gas workers: Take the PetroLMI COVID-19 Pandemic Labour Market Impact Survey and enter contest to win $1,000

Thursday, September 3, 2020, 9:39 AM MDT

The PetroLMI division of Energy Safety Canada is surveying oil and gas industry workers to gain insight into how the…

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Wilks Brothers to make offer for Calfrac if recapitalization plan rejected

Wednesday, September 2, 2020, 6:40 AM MDT

Wilks Brothers LLC says it will make a takeover offer for Calfrac Well Services Ltd. if shareholders reject the company's…

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Shale loses another global giant after Schlumberger’s frack sale

Wednesday, September 2, 2020, 6:35 AM MDT

Schlumberger has become the biggest oil-service industry player yet to abandon frack work in North America, a sign that activity…

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Calfrac says U.S. court sides with company in fight with Wilks Brothers

Tuesday, September 1, 2020, 7:11 AM MDT

Calfrac Well Services Ltd. says a U.S. court has sided with the company in its fight with Texas-based Wilks Brothers…

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AltaGas approved to double propane exports

Thursday, August 27, 2020, 6:33 AM MDT

Just a little over a year after AltaGas Ltd. commissioned its new propane export terminal in Prince Rupert, the company…

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Texas suitor urges Calfrac shareholders to reject management restructuring plan

Wednesday, August 19, 2020, 6:17 AM MDT

A Texas suitor for Calgary-based Calfrac Well Services Ltd. is urging shareholders to reject a management recapitalization proposal favoured by…

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Calfrac Well Services rejects recapitalization offer from Wilks Brothers

Wednesday, August 19, 2020, 6:11 AM MDT

Calfrac Well Services Ltd. says a Texas company's proposed restructuring plan doesn't have sufficient support from unsecured noteholders and so…

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Australian oilfield buoys Total Energy Q2 report despite North American weakness

Wednesday, August 12, 2020, 4:18 PM MDT

Total Energy Services Inc. reported a 68 per cent decline in revenue in the second quarter due to a near…

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