Sentences with word «oilpatch»

(That would be Marvin Romanow, the former CEO of oilpatch giant Nexen.)

By pouring more than $ 30 billion into the Canadian oilpatch in the past three years, Chinese investors have clearly signalled their interest in importing oil and gas from Canada.

Realtors widely attribute much of the surge in high - end Vancouver and Toronto home prices to Chinese buyers, and Chinese firms have invested $ 16 billion into Canada's oilpatch over the past two years.

Following the U.S. State Department's decision to postpone a decision on TransCanada Corp.'s Keystone XL pipeline, Canadian pipeline boosters from oilpatch CEOs to federal Natural Resources Minister Joe Oliver responded that Canada would have to look to other markets — namely China — to buy our oil.

«Good rock and good management» is a tried - and - true recipe for oilpatch success, and Seven Generations has superlative rock.

It's not a case of what I believe or want to believe since there is 56 years of global oilpatch experience as a petroleum, minerals and environmental geologist to back up my statements.

Sharply lower crude prices were reflected in revised capital spending plans by oilpatch companies.

The defectors included some of this country's most seasoned recruiters, folks who had handled marquee assignments with Canada Post and Bank of Canada (including the hiring of Stephen Poloz to replace Mark Carney), top oilpatch companies and universities.

Currently, this is especially true among geoscientists in the international oilpatch community.

OTTAWA — Canada's new rules on foreign takeovers by state - owned firms are scaring away needed investment, threatening oilpatch development and hurting the economy, former Conservative minister Jim Prentice warned Tuesday.

Your comments, along with others in the North American oilpatch have given geology and geologists a very bad name in the minds of the general public.

The 2015 share performance of the other oilpatch firms Edwards has major stakes in, Ensign Energy Services and Penn West Petroleum, was even worse.

In the room were some 1,500 energy sector executives, most of them in a tetchy mood, given that oil was south of US$ 50 a barrel and over 35,000 Albertans had lost oilpatch jobs up to that point in 2015.

It was no coincidence that the last surge of foreign investment in Canada's oilpatch followed the Arab Spring and came from China.

He recognized that social media aren't the most useful tools when dealing with 50 - or 60 - year - old oilpatch executives.

Targeting ways to make oilpatch resources greener would help transform the negative perceptions of our energy while drawing talent and money from across the world.

Alberta's Progressive Conservative tent is a broad one, including constituencies such as small - town social conservatives, fiscally conservative suburbanites and Calgary's white - collar oilpatch.

Add to that a substantial corporate reorganization at the top, which included both promoting some long - term Husky insiders, but also bringing on - board five new senior VPs with deep oilpatch experience (including John Myer, now Husky's senior vice-president of oilsands, from Suncor Energy, and Rob Symonds, Husky's senior vice-president of Western Canada productions, from Enerplus Resources Fund), and Ghosh was ready to focus on crafting the new Husky story.

Canada's oilpatch doesn't like to think about that scenario, but it's one that investors need to be considering.

Canada's oilpatch suddenly has bigger fish to fry than figuring out how to get its oil to tidewater.

Williams said it would also consider Calgary, even amid the current troubles of the struggling oilpatch.

Despite the political haymaking, the prominent oilpatch financier, known also for his interests in the Calgary Flames and ski resorts, hasn't publicly said why he's hopping across the pond.

The pace of corporate deal - making in Canada's oilpatch slowed considerably last year, while activity in other sectors failed to make up for the shortfall.

But the report, by recruitment consultancy Hays Specialist Recruitment Canada, also says the worst may be over for the ailing oilpatch.

The slumping oilpatch is continuing to hit the Fort McMurray housing market, where the average MLS sale price of a home plunged by more than $ 117,000 in October.

For the Canadian oilpatch, railways were an inelegant — if necessary — substitute for highly controversial pipelines.

Housing has split three ways in Canada: bubbly in Toronto and Vancouver, decline in the oilpatch and normal everywhere else

When he started Grad & Walker, the oilpatch was ailing.

Geologist Jim Gray used uncertainty in the oilpatch as a springboard for his company.

Their costs for capital, labour, land, energy and other resources are subsidized such that they generate huge retained earnings, much of which is being reinvested in foreign real assets like Canada's oilpatch, says U of T's Dobson.

Most people working in the oilpatch in the summer of 2014 had never known a prolonged downturn.

That's a good thing for industries like forestry that can't compete with the sky - high wages on the oilpatch.

The oilpatch is struggling through a two - year slump, but times have been tough before.

«What we're seeing is a whole bunch of engineers who were laid off from the oilpatch,» he says.

TORONTO — The slowdown in the oilpatch is again showing its effects on the wider economy, this time with Telus Corp. citing the struggling Alberta economy along with a very competitive market as factors that took a big bite out of fourth - quarter profits.

CNOOC had made a small investment in the oilpatch before and it gave us a year to share the company's interest in investing in Canada with the very people who would adjudicate on the takeover.

While most of the people who come to the province don't directly work in the energy industry, Alberta's growth still depends on the oilpatch.

While many Alberta businesses were feeling the sting of a slowdown in the oilpatch last year, ONEC grew its revenues by 16 %, increased its workforce by 45 employees and was ranked among the country's fastest - growing companies by Canadian Business.

Gord Peters wanted a way out of the oilpatch.

While many Alberta businesses were feeling the sting of a slowdown in the oilpatch last year, ONEC grew its revenues by 16 %, increased its workforce

After all the frenetic deal - making of the past few years, Canada's oilpatch is now finding itself in the grip of an unaccustomed drought of mergers and acquisitions.

While the scheme is given little credence in Canada's oilpatch, the discussion it sparks could be surprisingly useful.

Many executive teams in the oilpatch have run multiple companies in the past, explains Overdevest, which gives an investor a great window into how effective they've been.

Nevertheless, Canada's infrastructure in the north has recently benefited from the boom in the oilpatch.

But the University of Alberta has more to offer than proximity to the oilpatch.