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More layoffs to come in drilling sector, as activity levels to remain low in 2016


CALGARY – Canada’s drilling industry is expected to post its worst year in more than three decades in 2016 with more layoffs and a record number of idled rigs. “We are predicting one of the lowest utilization rates of our equipment since we started collecting this information in 1977,” Canadian …

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Alberta’s clean-tech sector could be one of the province’s few growth businesses in 2016


CALGARY – While many companies that service the oil and gas industry are struggling with record-low demand for their expertise, Scott Nelson and his team have become steadily busier in recent weeks. Oilfield services companies face a 2016 where there’s little left to cut As prices started receding in November …

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The bleeding isn’t over for the energy sector, despite the Saudi Arabia-Russia oil deal


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