[ad_1] 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 de ...

[ad_1] 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 o ...

[ad_1] 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’ ...

[ad_1] 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 ...

[ad_1] 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 ...

[ad_1] 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 indica ...