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Oil & Gas Technical Compendium

Global Petroleum Show to address critical issues facing Canadian, global E&P industry

CALGARY—The 51st installment of the Global Petroleum Show (GPS), North America’s largest onshore-oriented oil-and-gas event, kicks off today in Calgary, amid a Canadian activity trough from which industry leaders hope to recover soon. Last year and most of 2019 have been a difficult period for Canadian operators, as they have witnessed diminished demand for their crude output, while their American neighbors to the south dominate the market with a flood of shale oil production.Nevertheless, Canadian executives are optimistic that better days lie ahead for their industry. Part of that optimism stems from the recent Alberta provincial election, which in April saw the United Conservative Party and its leader, Jason Kenney, sweep to victory over.....

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