[ad_1] Canada averaged 205 active drilling rigs this week according to data from the Canadian Association of Energy Contractors. Of those rigs, 28% are drilling for natural gas, 57% are drilling for o ...

[ad_1] Southern Alberta Oil Well Oil prices were down in trading on Friday, as geopolitical tensions and weakened demand in the United States has cast a shadow on the market this week. U.S. West Texas ...

[ad_1] TORONTO — BMO Financial Group says it has struck a deal to buy Radicle Group Inc. for an undisclosed sum as it looks to expand its emission reduction advisory services. Calgary-based Radicle is ...

[ad_1] Alberta oil well in canola field Oil prices extended gains on Monday, propped up by a weaker dollar and tight supplies that offset concerns about recession and the prospect of widespread COVID- ...

[ad_1] The United States and Saudi Arabia have reiterated their commitment to the stability of global energy markets, during a visit by U.S. President Joe Biden, a joint statement carried by Saudi sta ...

[ad_1] Jul 16, 2022 (Bloomberg) Gazprom PJSC requested Siemens for documents that will allow the return of a gas turbine crucial for Nord Stream pipeline after its maintenance in Canada.The papers, wh ...

[ad_1] Oil prices rose on Friday after a U.S. official told Reuters an immediate Saudi oil output boost is not expected, with further support from indications that the U.S. central bank could raise in ...

[ad_1] Southern Alberta Oil Well Oil prices ticked down on Thursday as investors doubled down on the possibility of a rate hike by the U.S. Federal Reserve that would stem inflation and curb oil deman ...

[ad_1] By Grant Smith Jul 13, 2022 (Bloomberg) Oil prices pose a high risk to the global economic recovery, with signs that fuel costs are starting to “take their toll” on demand growth, the Internati ...