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Burnaby Mayor is holding up Trans Mountain: Here’s what you can do – Take Action

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November 22, 2017 Cody Battershill If you thought the Kinder Morgan TransMountain expansion was approved and good to go, it turns out you were only half right. Oh sure, the Federal government is on-side, and so is National Energy Board. So, too, are all First Nations along the route. As large infrastructure projects go, TransMountain’s … Read more

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Oil Sets Itself Up for Fall If OPEC Can’t Deliver Cuts Extension

November 23, 2017 by Grant Smith, Javier Blas and Wael Mahdi (Bloomberg)  Oil traders and analysts almost unanimously expect OPEC and Russia to prolong their production cuts next week. However, behind the scenes Saudi Arabia and Russia are still debating what course to follow. These high expectations, coupled with a recent surge in bullish bets … Read more

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OPEC Is Said to Want a Few Answers on Shale Before Deciding on Cuts

November 23, 2017 by Angelina Rascouet, Anthony DiPaola and Grant Smith (Bloomberg)  OPEC will have to decide whether to extend global oil cuts without knowing whether they’re triggering a new flood of rival supply from U.S. shale producers. Analysts gave differing outlooks for U.S. shale output in a briefing to officials from the Organization of Petroleum … Read more

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Oil Trades Above $58 as U.S. Stockpile Draw Boosts OPEC Optimism

November 23, 2017 by Grant Smith (Bloomberg)  Oil held near a two-year high as U.S. crude inventories shrank, adding to optimism that OPEC’s output curbs are working as the group prepares to meet and discuss extending its reductions beyond March. Futures rose 0.3 percent in New York after gaining 3.4 percent over the previous two … Read more

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COURSE: P&ID (Piping and Instrumentation Diagram) and Engineering Drawings Interpretation, Calgary December 4-5, 2017

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Learning to interpret information on Piping and Instrumentation Drawings (P&ID) will set you apart from your peers, whether you are an Operator, EIT, Engineer, or Manager In this fundamental course you will learn: ✔ How to interpret P&IDs ✔ How to understand the process flow ✔ The ability to redline errors or omissions ✔Understand Instrumentation … Read more

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PSAC Delivers “Energy Importance” Message to Ottawa – Read Details HERE

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CALGARY, AB (November 22, 2017) – The Petroleum Services Association of Canada (PSAC) travelled to Ottawa this week to deliver a message to parliamentarians of the need for a Canadian brand for energy that includes oil and gas in order to optimize the social and economic benefits of our vast natural resources for all Canadians. … Read more

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Raise Production Inc. Announces Third Quarter 2017 Financial Results and Provides Operations Update

FOR: RAISE PRODUCTION INC.TSX VENTURE SYMBOL: RPCDate issue: November 22, 2017Time in: 7:10 PM eAttention:
CALGARY, ALBERTA–(Marketwired – Nov. 22, 2017) – Raise Production Inc. (TSX
VENTURE:RPC) (“Raise” or the “Company”) has released its financial …

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Shareholders urge TransCanada to back Keystone XL despite risk

November 21, 2017 Reuters TransCanada Corp should push ahead with an $8 billion Keystone XL pipeline expansion after the state of Nebraska on Monday approved a route that would raise the cost of the controversial project, some shareholders said. The approval quashed the last regulatory hurdle for the nearly decade-old project, but the Nebraska Public … Read more

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SEE THIS UNIQUE PROGRAM: Master of Engineering Leadership in Clean Energy Engineering – UBC

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Make your sustainable vision a reality by developing your technical and leadership skills in this in-demand area. The Master of Engineering Leadership (MEL) in Clean Energy Engineering is an intensive one-year degree (January to December) for engineers and environmental science graduates. The combination of technical expertise and leadership development makes the MEL in Clean Energy … Read more

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MATRRIX Energy Technologies Inc. Completes Acquisition of Stampede Drilling Ltd. and Concurrent Private Placement 

 CALGARY, Nov. 21, 2017 /CNW/ – MATRRIX Energy Technologies Inc. (“MATRRIX” or the “Corporation”) (TSXV: MXX) is pleased to announce that it has successfully completed its previously announced acquisition (the “Acquisition”) of Stampede Drilling Ltd. (“Stampede”). MATRRIX has taken up and paid for 14,600,000 Class A common shares (“Class A Shares”) and 3,000,000 Class B common shares (“Class … Read more

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West is best: Canada’s two western most provinces to lead economic growth this year and next   

OTTAWA, Nov. 22, 2017 /CNW/ – Alberta’s economy is set to lead the country this year, with robust economic growth of 6.7 per cent. Next year, however, the province will take a back seat to British Columbia, who will emerge once again as the provincial growth leader, according to The Conference Board of Canada’s Provincial Outlook: Autumn 2017. “Thanks to rising oil production … Read more

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Oil Extends Gains on Signs U.S. Crude Stockpiles Resume Declines

November 21, 2017 by Ben Sharples (Bloomberg)  Oil extended gains to trade above $57 a barrel as U.S. industry data showed crude stockpiles resumed declines. January futures rose as much as 0.6 percent in New York after advancing 0.7 percent on Tuesday. Inventories fell by 6.36 million barrels last week, the American Petroleum Institute was … Read more

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World Business Today: See The Summary HERE

Nov 22, 2017 by Lorcan Roche Kelly (Bloomberg)  Yellen warns on inflation expectations, U.K. budget is nigh, and oil returns to June 2015 high. Here are some of the things people in markets are talking about today. Caution Federal Reserve Chair Janet Yellen warned that there’s been “some hint” that inflation expectations may be drifting down and said that … Read more

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Nafta Talks Said to Take Tit-for-Tat Turn as Mexico Counters

November 21, 2017 by Andrew Mayeda, Josh Wingrove and Eric Martin (Bloomberg)  Mexico is proposing to limit access to government contracts for U.S. firms in a sign that America’s Nafta partners are willing to strike back against what they see as hardline proposals by the Trump administration. Mexican negotiators are seeking to cap the value … Read more

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Talent Trouble in the Oil Patch – MNP

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​ ​As the winter drilling season gears up, it’s still unknown whether service and supply companies will have enough skilled workers to staff rigs and frac crews, or complete construction projects and turnarounds. Some 52,000 direct oil and gas workers lost their jobs between 2015 and 2016. Many of those workers moved beyond ‘survival jobs’ … Read more

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CAODC Releases 2018 Drilling Forecast – Read the Details HERE

NEWS RELEASE For Immediate Release: November 21, 2017 CAODC announces the release of its 2018 Drilling Forecast Projected 2018 wells drilled: 6,138—an increase of 107 from 2017 (6,031). Projected 2018 operating days: 70,587—an increase of 1,234 from 2017 (69,353). Rig fleet expected to decrease by 19 (634 drilling rigs in 2017 to 615 drilling rigs … Read more

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Oil Loses Ground on German Political Stalemate, OPEC Doubts

Oil-Prices

by Grant Smith and Alex Nussbaum (Bloomberg)  Oil notched its fourth decline in five sessions in New York, as markets digested political uncertainty in Germany amid anticipation about OPEC’s next move. Futures slipped 0.8 percent, reversing course after a 2.6 percent gain Friday. In Germany, the breakdown of talks to form a new government coalition raised … Read more

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Keystone XL Foes Want to Turn Nebraska Win Into a Court Loss

November  20, 2017 by Meenal Vamburkar and Andrew Harris (Bloomberg)  When it promises to open up fertile new areas of potential litigation. That’s the view of Keystone XL’s opponents after Nebraska regulators approved the project’s construction there, but mandated that it follow an alternative route to TransCanada Corp.’s preferred path. Because the new route wasn’t … Read more

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Nafta Talks Are Said to Sputter as Parties Reject U.S. Hard Line

November 21, 2017 by Andrew Mayeda, Josh Wingrove and Eric Martin (Bloomberg)  The quest to renew Nafta is slowing to a crawl as Canada and Mexico tiptoe around America’s most controversial proposals, throwing into doubt the ability of the three nations to reach a quick deal. The U.S. is frustrated with the reluctance of Canada … Read more

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APPROVED!…But…Bittersweet Keystone Win Means Canada’s U.S. Dependence Deepens

November 21, 2017, 3:00:00 AM, by Robert Tuttle (Bloomberg)  Here is one thing Keystone XL won’t do for Canada: wean the country’s oil industry off its dependence on the U.S. While approval of the project in Nebraska was welcomed by Alberta and its producers, it came also as a reminder that Canada hasn’t been able to … Read more

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World Business Today – See The Summary HERE

November  21, 2017  by Lorcan Roche Kelly (Bloomberg)  AT&T prepares for court battle over Time Warner merger bid, Yellen announces resignation plan, and Brexit-hit banks set to leave U.K. Here are some of the things people in markets are talking about today. Court battleAT&T Inc.’s chief executive officer Randall Stephenson told antitrust officers that he would see them in court … Read more

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Canada Is Said to Warn U.S. Businesses to Speak Up or Lose Nafta

November 20, 2017 (Bloomberg)  Canada’s chief Nafta negotiator is urging U.S. businesses to step up pressure on the Trump administration to save the trade deal, as successful talks increasingly hinge on the U.S. backing off its most controversial proposals. Steve Verheul made the request on Sunday in Mexico City with about three dozen members of … Read more

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APPROVED! TransCanada Now Evaluating Nebraska PSC Decision On Keystone XL

OMAHA, NEBRASKA–(Marketwired – Nov. 20, 2017) – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) confirmed today that the Nebraska Public Service Commission (PSC) has approved an alternative route for the proposed Keystone XL Pipeline project through the state. TransCanada is evaluating the PSC’s decision. “As a result of today’s decision, we will conduct a careful review of … Read more

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Kenneth Green: Attack on fracking by B.C. activists ignores science that practice is safe

Once again, hydraulic fracturing — a well-studied and long-used method of producing oil and gas — has come under attack in British Columbia. A coalition of environmental groups, community groups and First Nations bands are calling for a “full public inquiry” to “investigate the risks and harms associated with fracking.” A resource analyst with the … Read more

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Xplornet Announces Successful ‘Liftoff’ of ViaSat-2, the Highest Capacity Communications Satellite Ever Launched

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Delivering faster Internet speeds and more data to rural Canadians WOODSTOCK, NB – Rural Canadians are once again about to get a big boost in Internet speed and capacity, thanks to game-changing new investments in satellite Internet service by Xplornet Communications Inc. Xplornet, one of Canada’s leading broadband service providers, today announced the successful launch … Read more

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How Pipeline Politics Has Destroyed Canada’s Reputation As A Stable Place To Invest – David Yager

David-Yager-Feature-Image

By David Yager Oilfield Services Executive Advisory – Energy Policy Analyst November 20, 2017 It took a decade. It happened so gradually few noticed. Those who did were regarded as alarmist. Those opposed who participated – knowingly or otherwise – in an organized, well-financed, multi-year plan to destroy the future of the oil sands were … Read more

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World Business Today – See The Summary HERE

November 20, 2017 by Lorcan Roche Kelly (Bloomberg)  German coalition talks collapse, Congress sprints to a tax overhaul, and U.K. prepares to make an offer. Here are some of the things people in markets are talking about today. Walkout Four-party talks on forging a new coalition government in Germany broke down Sunday after seemingly intractable policy disputes from … Read more

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Oil Holds Near $56 After Surging on Saudi Cut-Extension Plea

Oil-Prices

November 20, 2017 by Grant Smith (Bloomberg)  Oil held near $56 a barrel after surging the most in almost two weeks as Saudi Arabia’s energy minister said OPEC should announce an extension to supply cuts when it meets at the end of the month. Futures slipped 0.7 percent in New York after rising 2.6 percent Friday. … Read more

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Fate of Keystone XL Set For Today in Nebraska after 9 Years

November 20, 2017 by Meenal Vamburkar, Sheela Tobben and Andrew Harris (Bloomberg)  After nine years, two presidential decisions, multiple lawsuits and environmental protests, TransCanada Corp. is about to learn whether it will receive the final state permit needed to build the Keystone XL oil pipeline. The company will find out today if its Keystone XL … Read more

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Game changing technology for wells during mid to final production phases

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Shield your surface infrastructure from the hazards associated with particulate production using our durable barrier SynPOLTM Desander. Specialized Desanders Inc. (SDI) SynPOLTM Desander was designed to replace our high capacity gravity Desanders following the initial production phase. In response to industry demand, this product was engineered to provide a reliable, long-term solution to allow for … Read more

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The “When” of Your Goals Determines Successful Achievement: Here’s Why! Hamish Knox – Sandler Training

Sandler-Training

Written by Hamish Knox; President of Sandler in Calgary, Canada Creating accountable, sales focused organizations in Calgary Language matters when we set our goals because our brain is listening. Using the right language will keep you focused on the path to the mountaintops you established, but that language is scary. In this case the scary word … Read more

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Product Announcement: See the Neptune Series of Washdown/Corrosion Resistant Heaters (WCH1) – Hazloc Heaters

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Neptune Series of Washdown/Corrosion Resistant Heaters (WCH1) Product Announcement   FOR IMMEDIATE RELEASE CALGARY (November 16, 2017)  – Hazloc HeatersTM, a leading manufacturer of industrial unit heaters for hazardous and severe-duty locations, is pleased to announce the introduction of the WCH1 Neptune series of washdown/corrosion resistant electric unit heaters. The WCH1 Neptune series of unit … Read more

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Saudi Graft Settlements Could Recover as Much as $100 Billion, Official Says

November 17, 2017 by Riad Hamade and Alaa Shahine (Bloomberg)  Saudi authorities estimate they may be able to recover as much as $100 billion from settlement talks with suspects detained in an anti-corruption crackdown that has implicated prominent princes, officials and billionaires, a senior official said. Suspects are offered settlements to avoid trial, the official … Read more

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Tesla Scares the Rest of the Auto Industry: Barry Ritholtz

November 17, 2017 (Bloomberg View) Yesterday, Tesla Inc. founder and Chief Executive Officer Elon Musk introduced the company’s new electric-powered tractor trailer. The “Semi” goes 500 miles on a charge, uses Tesla’s semiautonomous driving system, with lane keeping and autobraking. The truck has lower center of gravity than traditional haulers, dramatically reducing rollover risk; dynamic … Read more

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Oil Ends Week on Rebound as Saudis Try to Dispel Russia’s Qualms

November 17, 2017 by Meenal Vamburkar and Rakteem Katakey (Bloomberg)  Oil ended the week on a rebound as Saudi Arabia moved to dissipate doubts that Russia is ready to extend output curbs. Futures rose 2.6 percent in New York on Friday after Saudi Arabia’s Energy Minister Khalid Al-Falih said OPEC should announce an extension of the … Read more

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MNP’s Business Builder Program Uncovers Efficiencies and Boosts margins in Your Business – Read More HERE

MNP_logo_Feature

Tools to Strengthen Your Oilfield Services’ Business ​​The Canadian oil and gas sector faces continuous challenges in a constantly evolving local and international environment. From politics to the economy, remaining sustainable in this dynamic industry depends on being able to make the right decisions at the right time. MNP’s Business Builder Program aims to help … Read more

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U.S. oil drilling rig count holds steady last week – Baker Hughes

Baker-Hughes

U.S. energy companies kept the oil rig count unchanged this week, General Electric Co’s Baker Hughes energy services firm said on Friday, as some analysts expect a gradual decline in overall rigs in the fourth quarter and in 2018. The rig count , an early indicator of future output, held at 738 in the week … Read more

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STEP Hiring Fair – Medicine Hat – November 22

Step Energy Services Feature

MEDICINE HAT HIRING FAIR | We are hosting a hiring fair in Medicine Hat on Wednesday, November 22 at the Medicine Hat Lodge. Come join our hiring team and 105.3 ROCK live on location, from 10 a.m. – 6 p.m. Some of our hiring managers and operations professionals will be there to answer questions and have an informal meet and greet. … Read more

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Canada Weekly Rig Count Up 5 to 208 for Week Ending November 17, 2017

Drilling Rig 400x270

Canada’s drilling rigs increased by 5 to the current count of 208 actively drilling rigs according to data collected by Baker Hughes for the week of November 17th. From one week ago, Alberta rig counts increased from 148 to 155, the Saskatchewan rig count decreased from 26 to 25. Oil drilling went up by 1 to … Read more

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U.S. to account for most world oil output growth over 10 years: IEA

November 16, 2017 BONN, Germany (Reuters) – The United States is expected to account for more than 80 percent of global oil production growth in the next 10 years and it will produce 30 percent more gas than Russia by that time, he International Energy Agency (IEA) said on Thursday. “This has implications on the … Read more

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Discount on Canadian heavy crude deepens after pipeline spill

TransCanada-Logo-Feature

November 17, 2017 Reuters The discount on Canadian heavy crude surged wider on Friday as traders waited for news on how long TransCanada Corp’s 590,000 barrel per day Keystone pipeline would be shut down following a spill in South Dakota on Thursday.Western Canada Select for January delivery in Hardisty, Alberta, widened to $16.00 per barrel below … Read more

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Tesla Truck Could Threaten Big Chunk of Oil Demand, If It Works

November 17, 2017 by James Herron Tesla Inc.’s unveiling on Thursday of a new electric truck showed Elon Musk can match Steve Jobs’s ability to wow the tech crowd with a glimpse of the future. If he can equal the manufacturing prowess of Apple Inc.’s current Chief Executive Officer Tim Cook, he might just clobber … Read more

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Five Things World Business Will be Talking About Today

November 17, 2017 by Lorcan Roche Kelly (Bloomberg)  All eyes on D.C. tax plan, Europe awaits Brexit concessions, and bitcoin’s wild week continues. Here are some of the things people in markets are talking about today. Senate up The House yesterday approved its version of legislation to overhaul the U.S. tax code in a 227-205 vote, passing … Read more

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Oil Climbs as Saudi Arabia Seeks to Dispel Doubts Over Russia

November 17, 2017 by Rakteem Katakey and Ben Sharples (Bloomberg)  Oil climbed, paring losses earlier this week, as Saudi Arabia moved to dispel doubts over Russia’s readiness to extend output curbs. Futures rose 1.7 percent in New York, trimming the weekly decline to 1.2 percent, after Saudi Arabia’s Energy Minister Khalid Al-Falih said OPEC should announce an … Read more

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Competency versus Credentials – The Talent Acquisition Shift – Wendy Ferguson

A Commentary by Wendy Ferguson – BHRLR, CPHR My attention was captured recently when I heard that a growing number of employers are joining the ranks of Google and embracing a major shift in their hiring practices.  Leading companies that once required that candidates possess a university or college degree (such as Apple, IBM, Ernst … Read more

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Baker Hughes, *Cough* a GE Company *Cough, Cough*: Gadfly

November 15, 2017 by Liam Denning (Bloomberg Gadfly)  General Electric Co. is having a bad week. So, too, is its oily sidekick, Baker Hughes, a GE Company — to use its full name. Having “a GE Company” in your name, once a badge of honor, is more like financial antimatter these days. The industrial giant’s curiously … Read more

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Shale’s New Goal: Pump With a Profit, Without Hurting Growth

November 15, 2017 by Alex Nussbaum and Carlos Caminada (Bloomberg)  Shale drillers are promising to add a new wrinkle to their world-shaking oil boom: they may finally make money. In third-quarter earnings reports, explorers including Pioneer Natural Resources Co., EOG Resources Inc. and Anadarko Petroleum Corp. said they’re on the cusp of shrinking or even … Read more

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Assetworks

Shale King Hamm Wants to Give Oil Forecasters a Reality Check

November 16, 2017 by Jennifer A. Dlouhy (Bloomberg)  The boom in U.S. shale-oil production requires “more sophisticated” forecasting than ever, billionaire oilman Harold Hamm said in an interview. Hamm, who is set to speak Thursday during a U.S. Energy Information Administration event, blames overly optimistic government production predictions for depressing U.S. oil prices. “It just … Read more

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Techmation Electric & Controls
Environmental Refueling Systems (ERS)
Galloway Construction Group
Predator Drilling
Versa-Line
Galdos Systems
Assetworks
FUELware

Oil Trades Near $55 as Investors Wait for Clarity on OPEC Action

Oil-Prices

November 16, 2017 by Rakteem Katakey and Ben Sharples (Bloomberg)  Oil slid toward $55 a barrel as traders who were once certain OPEC and Russia would extend their output cuts beyond March aren’t so sure anymore. Futures dropped 0.3 percent in New York after falling 2.5 percent the previous two sessions. OPEC hasn’t yet convinced Russia that … Read more

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Galloway Construction Group
Predator Drilling
Environmental Refueling Systems (ERS)
Techmation Electric & Controls
Versa-Line
Assetworks
FUELware
Galdos Systems

Canadians Give Trudeau Little Credit for Boom Amid Deficit Fears

Nov 16, 2017 by Josh Wingrove and Theophilos Argitis (Bloomberg)  Canada’s economy may be one of the strongest in the developed world this year, but Prime Minister Justin Trudeau’s government isn’t getting much credit. A Nanos Research poll conducted for Bloomberg News found just 25 percent of Canadians describe Trudeau’s performance as an economic manager … Read more

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Predator Drilling
Techmation Electric & Controls
Environmental Refueling Systems (ERS)
Galloway Construction Group
Assetworks
Galdos Systems
FUELware
Versa-Line

Seven Generations sharpens focus on returns in multi-year, fully-funded organic growth plan with expanded core drilling inventory

FOR: SEVEN GENERATIONS ENERGY LTD.TSX SYMBOL: VIIDate issue: November 16, 2017Time in: 7:00 AM eAttention:
Capital investment drives 7G towards 100,000 boe/d of production growth over a
five-year period while transitioning to free cash flow
CALGARY, A…

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Galloway Construction Group
Techmation Electric & Controls
Predator Drilling
Environmental Refueling Systems (ERS)
Galdos Systems
FUELware
Assetworks
Versa-Line

AssetWorks Requires a Calgary Based Software Developer – Application Details HERE

Assetworks-Feature

Job Summary: Intermediate Software Developer Job Description: For field service companies who need web based fleet management tools, AssetWorks Field Service Solutions (FSS) improves operator safety, streamlines operations, & reduces fleet related operating costs.  Unlike other fleet management tools which are often AVL only focused and fairly one dimensional, FSS has the ability to address the nuances of a … Read more

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Environmental Refueling Systems (ERS)
Predator Drilling
Galloway Construction Group
Techmation Electric & Controls
Assetworks
FUELware
Galdos Systems
Versa-Line

OPEC Nears Meeting Without Clear Plan on How to Extend Cuts

November 15, 2017 (Bloomberg) Fifteen days from now, nations that pump more than half the world’s oil gather in Vienna to discuss extending the production cuts that helped lift prices to two-year highs. The outcome is far from certain. Russia, which alongside Saudi Arabia was the architect of the historic cooperation between crude producers, is said … Read more

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Techmation Electric & Controls
Galloway Construction Group
Environmental Refueling Systems (ERS)
Predator Drilling
Assetworks
Galdos Systems
Versa-Line
FUELware

Oil Extends Drop to Near $55 on Signs U.S. Crude Stockpiles Rose

Oil-Prices

November 15, 2017 Bloomberg Oil fell back toward $55 a barrel after U.S. industry data showed an unexpected jump in crude stockpiles and Russia wavered on whether OPEC needs to extend output cuts this month. Futures lost as much as 1.3 percent in New York after falling 1.9 percent on Tuesday. U.S. inventories rose by … Read more

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Environmental Refueling Systems (ERS)
Predator Drilling
Galloway Construction Group
Techmation Electric & Controls
Versa-Line
FUELware
Galdos Systems
Assetworks

Saudi Arabia is Said to Freeze Trading Accounts as Part of Probe

November 15, 2017 (Bloomberg) — Saudi Arabia’s market regulator has frozen the trading accounts of individuals being detained or investigated as part of the kingdom’s crackdown on alleged corruption, according to three people familiar with the matter. The Capital Market Authority is asking brokerages to suspend the accounts of dozens of princes, billionaires and officials … Read more

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Galloway Construction Group
Techmation Electric & Controls
Predator Drilling
Environmental Refueling Systems (ERS)
Versa-Line
Galdos Systems
FUELware
Assetworks

Five Things World Business Will be Talking About Today

November 15, 2015 (Bloomberg) Traders brace for U.S. inflation data, commodities tumble, and tax debate gets more political. Here are some of the things people in markets are talking about today. Price print U.S. consumer price figures and retail data will provide more clues on the strength of the world’s biggest economy. The inflation reading released at 8:30 … Read more

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Techmation Electric & Controls
Environmental Refueling Systems (ERS)
Galloway Construction Group
Predator Drilling
Assetworks
Galdos Systems
Versa-Line
FUELware

Canadian Oil Just Wants to Get the Hell Out of Canada: Gadfly

November 15, 2017 (Bloomberg Gadfly) — Canada’s oil means no disrespect — it is after all, Canadian — but it would just like to get the hell out of Canada. The question is: Can it? I wrote here last week about logistical bottlenecks playing havoc with U.S. oil pricing. But Canada takes this to a … Read more

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Galloway Construction Group
Techmation Electric & Controls
Predator Drilling
Environmental Refueling Systems (ERS)
Versa-Line
Assetworks
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FUELware

Storm Resources Ltd. is Pleased to Announce Its Financial and Operating Results for the Three and Nine Months Ended September 30, 2017

FOR: STORM RESOURCES LTD.TSX SYMBOL: SRXDate issue: November 14, 2017Time in: 8:19 PM eAttention:
CALGARY, ALBERTA–(Marketwired – Nov. 14, 2017) – Storm Resources Ltd. (TSX:SRX)
Storm has also filed its unaudited condensed interim consolidated financ…

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Environmental Refueling Systems (ERS)
Predator Drilling
Galloway Construction Group
Techmation Electric & Controls
FUELware
Assetworks
Galdos Systems
Versa-Line

Want to be a Speaker for Canada’s 2018 IoT in Oil & Gas Event? Submissions Now Due – See Details HERE

Blockchain IoT & Machine Learning

February 13-14, 2018 Hotel Arts – Calgary, Alberta www.iotinoilandgas-canada18.com As the holiday season draws near, we are sending out a FINAL CALL for those interested in presenting on the program of the 3rd Annual Blockchain, IoT & Machine Learning in Oil & Gas Canada Conference (Feb. 13-14, 2018 – Calgary). How do I submit my … Read more

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Predator Drilling
Galloway Construction Group
Environmental Refueling Systems (ERS)
Techmation Electric & Controls
Galdos Systems
Versa-Line
Assetworks
FUELware

Oil falls for a third day, knocked by rising U.S. output

Oil-Prices

November 14, 2017 Reuters LONDON (Reuters) – Oil prices eased for a third day on Tuesday as traders and investors questioned how much the prospect of further rises in U.S. output might overshadow some of the optimism that OPEC-led production cuts would tighten the balance between crude supply and demand. Brent crude futures were last … Read more

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Techmation Electric & Controls
Galloway Construction Group
Environmental Refueling Systems (ERS)
Predator Drilling
Versa-Line
Galdos Systems
FUELware
Assetworks

Five Things World Business Will be Talking About Today

November 14, 2017 Bloomberg) Trump says major statement is coming, the world’s most powerful central bankers gather in Frankfurt, and German growth beats estimates. Here are some of the things people in markets are talking about today. Asia tour ends President Donald Trump hailed progress toward his goal of reducing the U.S. trade deficit as … Read more

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Environmental Refueling Systems (ERS)
Galloway Construction Group
Predator Drilling
Techmation Electric & Controls
Galdos Systems
Assetworks
Versa-Line
FUELware

The GE-Baker Hughes Romance May Be Ending After a 4-Month Run

(Bloomberg) — It was a July-to-November romance Little more than four months after General Electric Co. married its oil and natural gas unit to Baker Hughes’s technical services business, GE’s eyes are wandering. Like a divorce attorney seeking to cloak the sordid details of an ugly breakup in elegant legalese, CFO Jamie Miller told reporters … Read more

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Environmental Refueling Systems (ERS)
Techmation Electric & Controls
Predator Drilling
Galloway Construction Group
Galdos Systems
Versa-Line
Assetworks
FUELware

IEA See U.S. Shale Surge as Biggest Oil and Gas Boom in History

November 13, 2017 (Bloomberg) The supply surge from U.S. shale oil and gas will beat the biggest gains seen in the history of the industry, the International Energy Agency predicted. By 2025, the growth in American oil production will equal that achieved by Saudi Arabia at the height of its expansion, and increases in natural … Read more

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Environmental Refueling Systems (ERS)
Predator Drilling
Galloway Construction Group
Techmation Electric & Controls
Assetworks
Versa-Line
Galdos Systems
FUELware

Nebraska regulator to announce Keystone XL permit decision on Nov. 20

November 13, 2017 Reuters The Nebraska Public Service Commission announced Monday it will issue its decision on whether to approve the permit to allow construction of the Keystone XL pipeline on Nov. 20, the last regulatory hurdle for the controversial project. On that day, the five-member PSC will take a vote on the decision in … Read more

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Galloway Construction Group
Environmental Refueling Systems (ERS)
Techmation Electric & Controls
Predator Drilling
FUELware
Versa-Line
Assetworks
Galdos Systems

Whitecap Resources Inc. Announces Acquisition of World Class Enhanced Oil Recovery Project, $425 Million Financing, Dividend Increase of 5% and Significantly Enhanced Free Funds Flow

FOR: WHITECAP RESOURCES INC.TSX SYMBOL: WCPDate issue: November 13, 2017Time in: 4:31 PM eAttention:
CALGARY, ALBERTA–(Marketwired – Nov. 13, 2017) –
NOT FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS
RESTRICTION MAY CONSTITUTE A…

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Environmental Refueling Systems (ERS)
Techmation Electric & Controls
Galloway Construction Group
Predator Drilling
Galdos Systems
Assetworks
FUELware
Versa-Line

Five Things World Business Will Be Talking About Today

November 13, 2017, by Lorcan Roche Kelly (Bloomberg)  Trump meets Asian leaders as tax debate continues in Washington, OPEC head calls for more production cuts, and what next for the bond market? Here are some of the things people in markets are talking about today. Asia trip President Donald Trump met with Philippine leader Rodrigo Duterte in Manila … Read more

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Galloway Construction Group
Predator Drilling
Environmental Refueling Systems (ERS)
Techmation Electric & Controls
Versa-Line
FUELware
Galdos Systems
Assetworks

Oil Output Cuts `Only Viable Option’ for Market, OPEC Head Says

November 13, 2017 by Wael Mahdi, Mahmoud Habboush and Salma El Wardany (Bloomberg)  The oil market is re-balancing at a quickening pace and production cuts are the “only viable option” to restore stability, OPEC Secretary-General Mohammad Barkindo said. The Organization of Petroleum Exporting Countries should decide at its meeting later this month whether or not to … Read more

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Galloway Construction Group
Predator Drilling
Environmental Refueling Systems (ERS)
Techmation Electric & Controls
FUELware
Assetworks
Galdos Systems
Versa-Line

Oil Trades Near $57 as OPEC Signals Rebalancing Could Speed Up

Oil-Prices

November 13, 2017 by Grant Smith (Bloomberg)  Oil traded near $57 a barrel as OPEC boosted its projections for demand while the group’s top official signaled that producers should continue to curb output. Futures were little changed in New York. Output cuts are the “only viable option” to rebalance a global market still contending with excess … Read more

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Predator Drilling
Environmental Refueling Systems (ERS)
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Techmation Electric & Controls
Galdos Systems
Assetworks
FUELware
Versa-Line

Harsh Conditions & Limited Resources? No Need to Slow Down Road & Pad Construction – Presto Geosystems

PrestoGeo Feature

Alberta’s Oil Sands operators have capitalized on the GEOWEB system’s ‘cellular confinement’ technology to help them overcome the challenges they face when building access roads and drill pads in one of Canada’s harshest regions.  Transporting construction, drilling and completions equipment with heavy wheel loads (typical loads exceeding 125,000 lbs) is extremely challenging over the soft, … Read more

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Predator Drilling
Environmental Refueling Systems (ERS)
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Galdos Systems
Versa-Line
Assetworks
FUELware

Hazloc Heaters is pleased to announce the introduction of the IEH1 Evolution series of industrial electric unit heaters

Hazloc-Heaters-Logo

Hazloc HeatersTM, a leading manufacturer of industrial unit heaters for hazardous and severe-duty locations, is pleased to announce the introduction of the IEH1 Evolution series of industrial electric unit heaters. The IEH1 series of unit heaters are designed for maximum heating performance and to provide primary or supplementary heating of people or equipment in non-hazardous … Read more

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Predator Drilling
Galloway Construction Group
Techmation Electric & Controls
Environmental Refueling Systems (ERS)
Galdos Systems
FUELware
Versa-Line
Assetworks

SALES: With These 3 Things…Your Prospect’s” Walls” Will Come Down – Sandler Training

Sandler-Training

    Written by Hamish Knox; President of Sandler in Calgary, Canada Creating accountable, sales focused organizations in Calgary       Your third biggest competitor in sales is the last salesperson your prospect spoke with, whether they’re a competitor or not (the first two are “yourself” and “the status quo”). Think of it from your … Read more

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Galloway Construction Group
Environmental Refueling Systems (ERS)
Predator Drilling
Techmation Electric & Controls
FUELware
Versa-Line
Galdos Systems
Assetworks

Oil Above $80 Before Christmas? Some Options Traders Think So

November 10, 2017 (Bloomberg)  With oil prices trading near their highest level in two years, some traders are betting that the price rise could have more room to run. A total of 48,000 contracts have traded over the last few days that would profit most if Brent spikes before Christmas, including several large individual trades. They … Read more

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Galloway Construction Group
Environmental Refueling Systems (ERS)
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Assetworks
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Canadian dollar loosens close ties with oil on energy investment doubts

November 10, 2017 Reuters TORONTO, Nov 10 (Reuters) – The Canadian dollar is unlikely to recapture its tight link with the price of oil even as the interest rate outlook settles, given crude trades far removed from levels needed to affect investment in Canada’s energy sector, economists and strategists said. Canada’s so-called “petro-currency” has historically traded … Read more

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Predator Drilling
Environmental Refueling Systems (ERS)
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U.S. Justice pledges to prosecute activists who damage pipelines

November 10, 2017 Reuters The U.S. Department of Justice on Friday pledged to prosecute protesters who damage oil pipelines and other energy infrastructure, a decision that could escalate tensions between climate activists and the administration of President Donald Trump.The DOJ said it was committed to vigorously prosecuting those who damage “critical energy infrastructure in violation of … Read more

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Predator Drilling
Galloway Construction Group
Techmation Electric & Controls
Environmental Refueling Systems (ERS)
Galdos Systems
Versa-Line
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Oil prices slide after U.S. drillers add rigs

Oil-Prices

November 10, 2017 Reuters NEW YORK (Reuters) – Crude was down slightly on Friday as expectations OPEC and other producers will extend their production cut agreement were offset by U.S. drillers adding the most oil rigs in a week since June, indicating output will continue to grow. U.S. energy companies added nine oil drilling rigs in … Read more

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Environmental Refueling Systems (ERS)
Techmation Electric & Controls
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Galloway Construction Group
FUELware
Assetworks
Versa-Line
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Canada Weekly Rig Count Up 11 to 203 for Week Ending November 10, 2017

Canada’s drilling rigs increased by 11 to the current 203 actively drilling rigs according to data collected by Baker Hughes for the week of November 10th. From one week ago, Alberta rig counts increased from 139 to 148, the Saskatchewan rig count increased 23 to 26. Oil drilling declined by 2 to 108 and gas rigs … Read more

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Galloway Construction Group
Techmation Electric & Controls
Environmental Refueling Systems (ERS)
Predator Drilling
FUELware
Assetworks
Versa-Line
Galdos Systems

U.S. drillers add the most oil rigs in a week since June: Baker Hughes

Baker-Hughes

November 10, 2017 Reuters (Reuters) – U.S. energy companies added the most oil drilling rigs in week since June as crude prices traded up to their highest levels since the summer of 2015. Drillers added nine oil rigs in the week to Nov. 10, bringing the total count up to 738, General Electric Co’s Baker Hughes … Read more

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Environmental Refueling Systems (ERS)
Techmation Electric & Controls
Galloway Construction Group
Predator Drilling
Versa-Line
Galdos Systems
Assetworks
FUELware

Hey Oil Companies, Scrap Those Dividends, Canada’s Mawer Says

November 10, 2017 by Kevin Orland (Bloomberg)  Oil companies need to stop distributing quarterly dividends, and energy investors need to break their addiction to those payouts. That’s the message from Justin Anderson at Mawer Investment Management Ltd., which oversees about C$45 billion ($35 billion) of assets. Instead, producers should pay hefty special dividends when crude … Read more

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Techmation Electric & Controls
Environmental Refueling Systems (ERS)
Galloway Construction Group
Predator Drilling
Galdos Systems
FUELware
Assetworks
Versa-Line

Lest We Forget: Those That Have Served & Fallen

IN FLANDERS FIELDS POEM The World’s Most Famous WAR MEMORIAL POEM By Lieutenant Colonel John McCrae In Flanders fields the poppies blow Between the crosses, row on row, That mark our place: and in the sky The larks still bravely singing fly Scarce heard amid the guns below. We are the dead: Short days ago, … Read more

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Predator Drilling
Environmental Refueling Systems (ERS)
Techmation Electric & Controls
Galloway Construction Group
FUELware
Versa-Line
Assetworks
Galdos Systems

Keystone Clients Ready to Fill It With Oil – If Nebraska Allows

November 10, 2017 (Bloomberg)  TransCanada Corp. gave its strongest signal yet that it has enough demand from producers to fill the long-delayed Keystone XL pipeline with oil. Now the ball is in Nebraska’s court. While the company has long said it expected sufficient support from oil producers, TransCanada completed an open season for them to … Read more

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Galloway Construction Group
Techmation Electric & Controls
Environmental Refueling Systems (ERS)
Predator Drilling
Versa-Line
Galdos Systems
Assetworks
FUELware

Saudi Shocks Reawaken Global Oil Markets to Political Risk

November 10, 2017 by Grant Smith (Bloomberg) For the first time in three years, the chief concern in the oil market isn’t too much supply. Just as production cuts by OPEC and its allies finally deplete a surplus that has weighed on oil prices since 2014, political crises have hit the organization’s three biggest members. First, … Read more

New SHOWCASE Directory Companies

 

Environmental Refueling Systems (ERS)
Galloway Construction Group
Techmation Electric & Controls
Predator Drilling
Assetworks
Galdos Systems
Versa-Line
FUELware

Five Things World Business Will be Talking About Today

November 10, 2017 by Lorcan Roche Kelly (Bloomberg)  Trump issues fair-trade warning to Asia, Brexit hits latest roadblock and how the Republican tax plans stack up. Here are some of the things people in markets are talking about today. Differing world views President Donald Trump told Asian nations that the U.S. would seek bilateral trade deals rather than agree … Read more

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Galloway Construction Group
Predator Drilling
Techmation Electric & Controls
Environmental Refueling Systems (ERS)
Versa-Line
Galdos Systems
Assetworks
FUELware

Tax Breaks for Oil, Wind, Electric Cars Survive in Senate Bill

November 10, 2017 by Ari Natter (Bloomberg)  Tax breaks cherished by both the fossil fuel and renewable energy industries emerged unscathed in a tax plan unveiled in the U.S. Senate, according to details of the bill released Thursday evening by the chamber’s main tax writing committee. Republicans opted to leave tax subsidies for the energy … Read more

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Techmation Electric & Controls
Galloway Construction Group
Environmental Refueling Systems (ERS)
Predator Drilling
Galdos Systems
FUELware
Versa-Line
Assetworks

Oil Set for Best Weekly Run in Year as Saudi Tumult Roils Market

November 10, 2017 by Ben Sharples and Rakteem Katakey (Bloomberg)  Oil is heading for a fifth weekly advance as political upheaval in the world’s biggest crude exporter countered an expansion of U.S. output to the highest level in more than three decades. Futures were little changed in New York, up 2.8 percent for the week. … Read more

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Predator Drilling
Galloway Construction Group
Environmental Refueling Systems (ERS)
Techmation Electric & Controls
FUELware
Galdos Systems
Versa-Line
Assetworks

The oil price is up, but Encana’s spending is not

Encana Logo

By The Canadian Press  November 9, 2017 CALGARY — Encana Corp. (TSX:ECA) has no plans to spend more to increase production despite recent world oil price increases linked to unrest in Saudi Arabia, CEO Doug Suttles said Wednesday.He said the Calgary-based oil and gas company, which has a capital spending budget of about $1.7 billion this … Read more

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Techmation Electric & Controls
Galloway Construction Group
Environmental Refueling Systems (ERS)
Predator Drilling
Galdos Systems
Assetworks
Versa-Line
FUELware