The junior oil and gas sector reacted positively to the Alberta government's planned royalty changes, although many noted that more specific information around royalty curves and regulatory improvements is still needed.
When considering the impact on a farmer's field after an oil or gas pipeline has been cut through it, the creators of a new low-impact concept asked a simple question: Why use a 42-inch shovel to dig a trench for a six-inch pipe?
A new labour forecasting model unveiled by the Petroleum Human Resources Council is evidence of the urgent need for companies to recruit new talent, and hang onto their veterans, even in the face of a global recession.
The petroleum industry must bridge a generation gap as it attempts to recruit young workers to replace the 50% of all oil and gas employees forecast to retire over the next five years.
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