Tag Archives: oil

OPEC’s production cuts and climbing oil prices

By: IBISWorld Procurement Research Analyst, Ashley Cruz With oil prices finally on the rise, businesses that rely on petroleum products should be looking ahead to hedge against price growth and volatility Although much of 2016 has been a year of suspense and surprises, there were several late-in-the-game decisions that have…

The Oil Story – Moving the province’s oil via rail – Pt. 1

Forget about taking the “Midnight Train to Georgia”. The oil trains that run through Saskatchewan have a just as exciting a story to tell. Arising out of the need to service small towns and various grain elevators, the province’s rail system has developed into a finely tuned network of commodity-driven…

Saskatchewan Government Delivering New Tool – IRIS to benefit oil companies

Don’t let it be said that the Saskatchewan government isn’t interested in servicing its growing oil and gas industry. Thanks to the Process Renewal and Infrastructure Management Enhancements (PRIME) program, which started back in 2009, the province’s oil and gas companies are about to see some significant changes to how…