News

CALGARY - Shares in Precision Drilling Corp. are down after it reported a fourth-quarter loss. The Calgary-based oil and gas driller says its net loss attributable to shareholders was $41.9 million for the three months ended Dec. 31, or $3.23 per share. During the same period a year earlier, Precision posted a $14.8 million profit worth $1.06 per share. Precision says it took a $67-million non-cash asset charge related to decommissioning 31 of its 215 marketable drilling rigs that were [Read more]

Separatists in Alberta are ramping up a petition campaign aimed at triggering an independence vote in the western province that has long complained its economy is being held back by the rest of Canada. Volunteer canvassers are hoping to collect by May 2 approximately 177,000 signatures, or 10% of the province's registered voters, the threshold required to launch a citizen-led referendum on separation from Canada. While unlikely to result in an independent Alberta, the campaign poses a challenge [Read more]

For decades, cold calling has been the backbone of B2B sales in the energy sector. From early-morning phone blitzes to endless follow-ups, sales teams have relied on volume and persistence to generate a pipeline. But the reality in today’s market is hard to ignore: cold outreach is getting colder. Decision makers are inundated with spam calls. Inboxes are flooded with generic sales emails. Buyers are more guarded, harder to reach, and far less tolerant of sales reps who don’t understand [Read more]

European Union leaders said on Thursday it was urgent they find ways to cut energy costs and improve how the bloc's border-free internal market works so Europe's businesses can be competitive and survive aggressive economic rivalry from the U.S. and China. While few concrete decisions are expected from the retreat at a Belgian castle, the gathering will provide clues on whether the EU's 27 member states can overcome self-interest and agree a joint plan of action. "We share a sense of [Read more]