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WEEKLY NEWS HEADLINES
The blockbuster deal announced this morning under which Halliburton Company will acquire all the outstanding shares of Baker Hughes Incorporated in a stock and [...]
Having outlined the conditions that TransCanada Corporation will have to meet if its Energy East project is to proceed in Quebec, the province's government is [...]
Despite the steep drop in world oil prices, Canaccord Genuity is maintaining a bullish outlook for Canadian heavy oil prices because of several big [...]
The Alberta government generated $6.97 million at its land sale on Wednesday, with interest mainly focused on several licences in northwest Alberta that [...]
The Canadian Association of Oilwell Drilling Contractors has released its 2015 drilling activity forecast, which projects a 10 per cent decrease in activity [...]
WEEKLY NEWS UPDATE
Halliburton-Baker Hughes Deal To Impact Canadian Pressure Pumping Market
The blockbuster deal announced this morning under which Halliburton Company will acquire all the outstanding shares of Baker Hughes Incorporated in a stock and cash transaction valued at US34.6 billion will create Canada's largest pressure pumping entity, says a service sector analyst.
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