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 oil, 4% ...

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 Interm ...

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 a deve ...

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-19 lock ...

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 state news ...

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, which the ...

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 interest ...

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 demand. U.S. ...

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 International En ...