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Enserva's 2025-2026 State of the Industry Report Highlights Shifting Market Conditions and Emerging Opportunities for Canadian Energy Services

Enserva’s report shows a 9% decline in drilling and a 5.6% drop in capital spending in 2025 as low prices impact the sector, while LNG projects offer growth potential.

Summary by Benzinga
CALGARY, Alberta, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Today, Enserva released its 2025-2026 State of the Industry Report, outlining a year marked by evolving global market dynamics, increased natural gas demand, shifting capital spending and changes in drilling and employment trends across Canada's upstream energy sector. The report highlights that global oil demand is set to reach record levels—driven largely by growth in emerging economies—while…

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Inside Halton broke the news in Halton Hills, Canada on Wednesday, November 26, 2025.
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