Canada’s oil and gas drilling forecast revised to 49 year low as producers cut spending

By The Canadian Press Posted April 30, 2020 1:58 pm Updated April 30, 2020 2:01 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ The Petroleum Services Association of Canada has revised its 2020…

Slow summer causes drilling forecast to go from bad to worse

The Canadian oilfield services sector is expected to continue to suffer as it enters the summer drilling season despite recent developments such as the approval of the Trans Mountain pipeline expansion and the election of a conservative government in Alberta.…