Canada averaged 233 active drilling rigs this week according to data from the Canadian Association of Energy Contractors. Of those rigs, 26% are drilling for natural gas, 59% are drilling for oil, 5% ...

Railcars holding crude oil The International Energy Agency vowed to protect global energy security, the Paris-based watchdog said in a statement after convening a meeting on Friday of its 31 member co ...

Actions the Biden administration took on Tuesday to punish Russia’s economy over its aggression in Ukraine are not intended to hit global energy markets, a senior U.S. State Department official said. ...

CALGARY — The federal government said Friday it will not put more money toward the Trans Mountain pipeline expansion in spite of a newly disclosed price tag for the project that comes in 70 per cent h ...

Canada’s drilling rig count is up 1 active drilling rigs according to data collected by Baker Hughes for the week ending February 18, 2022. From one week ago, Alberta rig counts decreased 1 to 166 and ...

Canada averaged 233 active drilling rigs this week according to data from the Canadian Association of Energy Contractors. Of those rigs, 27% are drilling for natural gas, 60% are drilling for oil, 5% ...

Oil prices rose on Thursday, even after France and Iran said parties are closer to an agreement to salvage Iran’s 2015 nuclear deal with world powers, offsetting tensions over Russian forces massing n ...