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Latest Industry News and Stories

Oil barrel and dollar bill

US could be free of non-North American oil by 2020

The often-stated goal of becoming energy-independent could become a reality for the United States much sooner than anyone had previously dreamed, according to American oilmen. Drilling for oil and natural …

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Technology supplier announces 18 per cent growth

High-tech supplier Thales Canada, which serves the defence, security, aerospace, and transportation industries, reported annual growth of 18 per cent for 2012, with contracts awarded totaling over $570 million. The …

Technology supplier announces 18 per cent growth Read More »

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Recovery continues as NA car sales head for year 2000 levels

Car sales in North America, which hit a low of 10.4 million units in 2009, have been improving year over year for several years now, and are on track to …

Recovery continues as NA car sales head for year 2000 levels Read More »

Part of a car engine.

Drop in manufacturing pushes industrial capacity use down in Q4 2012

A decline in manufacturing is largely responsible for a slide in production capacity for Canadian industries in the fourth quarter of 2012, Statistics Canada reports. Industries operated at 80.7 percent …

Drop in manufacturing pushes industrial capacity use down in Q4 2012 Read More »

machines, engineers and industry

BC refinery close to financing deal

David Black told the BC chamber of commerce that his company, Kitimat Clean Inc., is ready to sign a memorandum of understanding with Oppenheimer Investments Group of Switzerland to finance …

BC refinery close to financing deal Read More »

Solar panel installation

Clean energy expected to surge as pv costs drop

A report on the global deployment of renewable energy says that the world’s energy from wind, solar and biofuels grew by 1 per cent in 2012, equal to $249 billion. …

Clean energy expected to surge as pv costs drop Read More »

Wagons

Canadian oil production up; producers turning to railways for shipment

The International Energy Agency (IEA) reports in its monthly report on the oil industry that Canadian producers reached 4.1 million barrels per day in December. Production was spread over the …

Canadian oil production up; producers turning to railways for shipment Read More »

rolls of zinc steel sheet

Manufacturing the sole industry showing job losses in February

The February rise in employment in Canada, which saw an increase of 51,000 jobs, was spread across the professional, scientific, and technical services; the accommodation and food services; public administration; …

Manufacturing the sole industry showing job losses in February Read More »

Man dangling from gas pump

Skilled labour shortage in world oil industry: report

A new report published by OilCareers.com and Air Energi, finds that the shortage of skilled labor in the oil and gas industry worldwide, coupled with expanding demand, presents a significant …

Skilled labour shortage in world oil industry: report Read More »

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