Headlines

Oil prices rose on Wednesday, extending gains from the previous session after industry data indicated U.S. crude stocks fell much more than expected last week, reinforcing bullish views on fuel demand in the world's largest economy. U.S. West Texas Intermediate (WTI) crude futures rose 34 cents, or 0.52%, to $66.46 a barrel. Brent crude futures were up 25 cents, or 0.26%, at $69.70 barrel after touching a more than seven-week high of $69.78 earlier in the session. Both benchmark [Read more]

Cold Bore records 100% growth in new SmartPAD deployments in Q1, 2021 Triples the size of software development team Increases hardware inventory by 25% in first two months of the year CALGARY, AB - Cold Bore Technology Inc. (“Cold Bore”), the leader in frac completions automation and platform technology, announced today record growth in new customers, revenue, team size and technology infrastructure during Q1, 2021. In the first three months of the year, Cold Bore saw demand for its [Read more]

HYDROGEN CANADA CORP. (“Hydrogen Canada”), a pioneer in blue hydrogen production in Alberta, is pleased to welcome Dr. Wonmo Sung to its Corporate Advisory Board, starting May 1, 2021. Dr. Sung is an emeritus professor in the department of Earth Resources Engineering at Hanyang University in South Korea where he worked for more than 30 years. Dr. Sung is one of the most renowned experts in natural gas production & utilization and carbon capture and storage. He has previously served as the [Read more]

Each week, XI Technologies scans its unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you’d like to receive our Wednesday Word to the Wise in your inbox, subscribe here.  To survive amid all the recent challenges in our sector, many companies have faced an unprecedented amount of change in their workforce. Some have lost experienced professionals to lay-offs, retirements, or redistributions, with [Read more]