Energy Sector News

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2016 projected to be worst year for oilwell drilling in nearly 4 decades

By 980 CJME September 9, 2016 - 12:59am Updated: September 9, 2016 - 1:00am

This year is expected to be one of the worst in recorded history for oilwell drilling in Canada.

The Canadian Association of Oilwell Drilling Contractors (CAODC) has...

Saskatchewan Premier Brad Wall.

Sask. premier thankful for extension of EI benefits to southeast oil patch

By 980 CJME, Canadian Press May 13, 2016 - 5:22pm Updated: May 13, 2016 - 5:30pm

Oil workers who have lost their jobs in southern Saskatchewan will now qualify for extended employment insurance (EI) benefits.

The southeast oil patch was one of the...

Southeast Saskatchewan oil patch.

Bump in oil prices, loonie could signal trend: business analyst

By Adriana Christianson April 12, 2016 - 2:09pm Updated: April 12, 2016 - 2:15pm

The price of oil is up and so is the value of the loonie, but could that be a sign of better things to come?

On Monday the price of oil closed up by 63 cents at 40.37...

Regina gas station showing price at 91.9 cents per litre.

Gas prices up to 91.9 cents per litre in Regina and Saskatoon

By Adriana Christianson March 8, 2016 - 5:34pm Updated: March 8, 2016 - 6:00pm

Prepare to feel annoyed if you didn’t fill up on gas last week, because gas prices are shooting up by more than 10 cents in Regina and Saskatoon.

“Most stations that are...

Edam East heavy oil thermal project opened March 1, 2016.

Husky Energy opens heavy oil thermal energy project in Edam, Sask.

By battlefordsNOW staff March 1, 2016 - 5:52pm Updated: March 1, 2016 - 6:00pm

A new heavy oil plant in Edam, Saskatchewan is officially open. 

Calgary-based Husky Energy officially opened the plant March 1.

“This is very significant for the...

Oil derrick.

Saskatchewan unemployment numbers continue to rise

By Adriana Christianson February 19, 2016 - 12:57pm Updated: February 19, 2016 - 1:00pm

The number of people collecting employment insurance (EI) in Saskatchewan has increased by 37 per cent compared to last year.

The latest numbers released by Statistics...

Oil derricks in southeast Saskatchewan.

Sask. premier asks prime minister for $156 million to create jobs in oil sector

By Sarah Mills February 9, 2016 - 6:44pm Updated: February 9, 2016 - 6:45pm

Premier Brad Wall has been on the phone with the prime minister asking to get money flowing to Saskatchewan.

Wall told Prime Minister Justin Trudeau he is looking not...

Oil drilling rig.

NDP criticizes plan to use federal money to clean up oil well sites

By Sarah Mills February 9, 2016 - 4:34pm Updated: February 9, 2016 - 4:45pm

The Saskatchewan NDP is arguing that money provided by Ottawa should not just help oil companies.

Premier Brad Wall circulated the idea to get people who are out of work...

Premier Brad Wall speaks at SUMA convention in Regina.

Sask. premier says province will run deficits due to revenue shortfall

By Kevin Martel February 1, 2016 - 3:02pm Updated: February 1, 2016 - 4:28pm

Due to ongoing economic pressures, especially in the oil sector, the Saskatchewan government announced it will run deficits for the next two budgets.

Premier Brad Wall...

Pipelines.

Sask. premier fires back after Montreal area mayors reject Energy East

By Lisa Schick, Canadian Press January 21, 2016 - 5:26pm Updated: January 22, 2016 - 7:40am

Saskatchewan's premier is firing back at Montreal area mayors after they spoke out against the Energy East pipeline on Thursday.

The Montreal Metropolitan Community...