Oil prices settled higher on Friday but fell week-on-week after health authorities in China eased some of the country’s heavy COVID-19 curbs, raising hopes for improved economic activity and demand in ...

Canada averaged 212 active drilling rigs this week according to data from the Canadian Association of Energy Contractors. Of those rigs, 29% are drilling for natural gas, 59% are drilling for oil, 3% ...

Oil prices rose on Friday after a milder-than-expected U.S. inflation data reinforced hopes that the Federal Reserve will slow down rate hikes, boosting chances of a soft landing for the world’s bigge ...

CALGARY, Alberta – The Pathways Alliance, representing Canada’s largest oil sands producers, has released additional details on plans to progress innovative technologies to reduce emissions, as part o ...

VANCOUVER — Ritchie Bros. Auctioneers Inc. says it has signed a deal to acquire U.S. company IAA Inc. in a transaction valued at about US$7.3 billion including the assumption of US$1.0 billion of net ...

U.S. energy firms this week added oil and natural gas rigs for a third time in four weeks as relatively high oil prices encourage firms to drill more. The oil and gas rig count, an early indicator of ...