Oilpatch
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Alberta government establishes new panel to develop vision for province’s energy sectorThe five-member panel of oilpatch veterans will be chaired by David Yager, an energy policy analyst who's been in the oil and gas industry for more than 30 years.PoliticsFeb 16, 2023
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Oilpatch workforce faces more cuts this year before rebound in 2022-23, says PetroLMIIn its three-year forecast, PetroLMI says direct industry employment is projected to rise to about 176,000 jobs by 2023,CanadaMar 24, 2021
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Secure Energy shares soar on $478 million friendly Tervita takeoverShares in Secure Energy Services were trading higher after it announced an all-stock deal to buy oilfield waste disposal rival Tervita.CanadaMar 9, 2021
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U.S. deep freeze boosts Canadian oil and gas producer profits and prospectsCanadian oil and gas producers are banking higher profits as unusually severe winter weather sidelines U.S. rivals this week and drives up demand and prices for their products.MoneyFeb 17, 2021
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Canadian 2021 drilling forecast rises due to higher commodity price expectationsThe improved outlook is consistent with other recent signs of optimism in the gloomy oil patch.CanadaJan 28, 2021
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Cautious optimism for oil sector as fourth-quarter reporting season dawnsOil producers are expected to maintain spending discipline in 2021 as optimism from stronger oil prices is offset by fears of weak demand.MoneyJan 27, 2021
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How Alberta will spend money to reduce energy sector methane emissionsAlberta has announced where it will spend part of the money it recently earmarked to reduce methane emissions from the oilpatch.EnvironmentSep 25, 2020
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Oilpatch optimism expected to rise as difficult second quarter finally ends: analystsAnalysts say a rebound in oil prices as consumer demand for gasoline rises will buoy energy companies as they give quarterly results starting next week.CanadaJul 14, 2020
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Letter asks federal government to force Alberta to reinstate oilpatch monitoringA dozen conservation and Indigenous groups have written federal Environment Minister Jonathan Wilkinson asking him to force the Alberta government to reinstate environmental monitoring in the province's oilpatch.EnvironmentJun 10, 2020
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Oilpatch mergers and acquisitions expected to pick up after pandemic’s dampening of demand easesThe financial stress caused by low oil prices from plummeting fuel demand during the COVID-19 pandemic will result in a wave of Canadian energy mergers and acquisitions -- but not until after the world begins to return to normal, observers say.EconomyMay 19, 2020
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