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  • RSS BOE Report

    • Irving Oil lays off 60 workers from Saint John refinery, citing collapse in demand
      SAINT JOHN, N.B. – Irving Oil has laid off 60 workers from its Saint John refinery, saying the pandemic has had an “extreme and serious” impact on its business and industry. The company says it also reduced its contractor workforce to 225 workers from its average first-quarter workforce of about 1,000 earlier this year. Irving […]
    • Loss of Keystone XL pipeline expected to hurt future oilpatch growth
      CALGARY – An industry analyst says Western Canada’s oil producers will likely cope better in the short term with Joe Biden’s cancelling of the Keystone XL presidential permit this week than they did with the same move by ex-president Barack Obama in 2015. But Phil Skolnick, a New York-based analyst for Eight Capital, agrees with […]
    • CAODC extremely disappointed with Biden Keystone XL decision
      The Canadian Association of Oilwell Drilling Contractors (CAODC) is extremely disappointed with President Biden’s decision to revoke the Keystone XL pipeline’s presidential permit retroactively. The Association supports Premier Kenney’s call for an immediate response from the federal government. “The federal government responded when the previous administration decided to renegotiate the North American Free Trade Agreement […]

 

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