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Oil Patch Braces for Exploration Chill After Canada's Election

2015-10-05 15:12:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: As Canadas oil patch grapples with a price shock, pipeline delays and rising tax rates, the federal election could add another barrier to recovery by reining in a key incentive for development of new wells. Two of the three major parties jostling for power in the Oct. 19 vote are campaigning against fossil fuel subsidies and propose tightening the rules for a tax deduction that allows oil-and-gas producers to write off exploration costs against profits entirely in the year theyre incurred....

Tags: oil patch election exploration

 

'Ghost vacancies' haunt downtown Calgary as oil patch layoffs empty office buildings

2015-08-13 19:36:36| Oil & Gas - Topix.net

Vacancy rates in Calgary have spiked as companies lay off thousands of employees in the worst oil rout in recent history, but insiders say the official tally may underestimate just how empty offices are. CALGARY - Calgary's landmark office towers are sitting increasingly empty as layoffs from the oil price collapse drive up vacancy rates downtown.

Tags: office oil empty buildings

 
 

Colorado judge awards benefits from Weld County oil patch death

2015-07-29 23:04:32| Oil & Gas - Topix.net

Jim Freemyer's widow never believed her husband's poor health abruptly killed him last summer, but, rather, what he encountered while working the Weld County oil patch.

Tags: death county benefits awards

 

Wading Into The Oil Patch? Focus On The Balance Sheet - Part IV

2015-07-01 17:17:30| Oil & Gas - Topix.net

Energy stocks can be the most fickle of cyclicals: offering great price swings capable of bolstering portfolio returns or horrendous losses. Timing these shares is challenging, if not impossible.

Tags: part iv focus balance

 

Wading Into The Oil Patch? Focus On The Balance Sheet - Part IV

2015-07-01 17:15:52| Energy - Topix.net

Energy stocks can be the most fickle of cyclicals: offering great price swings capable of bolstering portfolio returns or horrendous losses. Timing these shares is challenging, if not impossible.

Tags: part iv focus balance

 

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