Leaner oil and gas sector starting to emerge

Companies, workers adapting to volatile environment

Leaner oil and gas sector starting to emerge
Dump trucks parked near crude oil tanks at Kinder Morgan’s North 40 terminal expansion construction project in Sherwood Park, near Edmonton on Nov. 13, 2016. Credit: Chris Helgren (Reuters)

A full economic recovery is still an elusive reality in Alberta’s oil and gas sector, where volatile oil prices continue to plague the industry since major declines in 2014. Tens of thousands of workers have been laid off, directly or indirectly, with many people leaving the profession — and the province — to try and find work elsewhere.

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