Almost every sector of Canada’s economy expanded in the second quarter of the year, Statistics Canada reports. The annualized growth rate of 3.1 per cent was greater that had been […]
Consumer spending drives strong GDP growth in second quarter Read More »
Shipbuilder Chantier Davie Canada Inc. announced today that the first of three construction vessels ordered by Norwegian oilfield services company Cecon ASA has been delivered. The ship is described as
Davie shipyard delivers “most complex” vessel ever built in NA Read More »
Perhaps one fact says it all: capital costs to produce energy have doubled since 2000. In 2013, $1.6 trillion was invested to provide the world’s consumers with energy, more than
Energy costs, global temperature, continue rising Read More »
Canada’s corporate profits rose 7.4 per cent to $88.6 billion in the first quarter of 2014. Statistics Canada reports that operating profits were up in thirteen of the twenty-two industries
Q1 Canadian corporate profits up, led by oil and gas Read More »
A US wind energy company is prepared to launch an inflatable wind turbine that will float 300 metres above the ground. The prototype 10-metre wide inflatable Buoyant Airborne Turbine (BAT)
Airborne wind turbine will rise to new heights Read More »
Barely a day after former cabinet minister Jim Prentice told attendees at the Oil and Money Conference in London that Canada needs to establish more international markets for its oil
India interested in oil and gas as well as uranium from Canada Read More »
Canada’s oil and gas workers will enjoy among the highest increases in earnings in the coming year, according to a new survey by the Hay Group. Based on information from
Resource-based provinces lead in wage gains Read More »
The US oil and gas industry will be hiring in the coming months a new survey shows, with engineers at the top of the list of sought-after workers. Rigzone, a
North American oil and gas industry has trouble finding workers Read More »
