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Category: Producers

Sun shines, hopes on rise, as crowds pack petroleum show

June 12, 2015 Posted by Chris Wysong

The Global Petroleum Show was underway in Calgary this week where attendees were optomistic about the future of oil despite low prices and uncertain policies. Sun shines, hopes on rise, as crowds pack petroleum show By: Dan Healing (Calgary Herald) Oil and gas prices rise and fall but the show must go on, participants at the Global Petroleum Show insisted Tuesday, as sunny skies greeted crowds of delegates and exhibitors on the first day of a three-day show at Stampede Park in Calgary. Conversations on the grounds often turned to uncertain topics like Albertas new NDP government, which has promised to review the royalties companies pay to drill wells on Crown land, as well as low oil prices and how producer companies are coping through layoffs and cost-cutting. But crowds built steadily through the morning, filling halls containing 2,000 exhibits featuring everything from automation systems to drill pipe. Exhibitor Tim Coburn, director of the University of Tulsas school of energy

Posted in Oil, Producers
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