The rig count in Canada ended the week with 7 additional rigs running. For the week ended May 16, the rig count in Canada ...

A steep drop in oil prices in the first months of the year has undermined any plans for oil companies to “drill, baby, drill.

Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce the successful closing of its strategic combination with Veren Inc. ("Veren") (TSX: VRN) (NYSE: VRN), creating ...

Canadian oil and gas producer Strathcona plans to launch a C$5.93 billion ($4.25 billion) hostile takeover bid for rival MEG ...

China has emerged as the top customer for Canadian oil shipped on the expanded Trans Mountain pipeline, ship tracking data ...

Of the rigs working in the US and its waters this week, 483 were drilling for oil, 2 more than last week; 99 were drilling for gas, up 1 from last week; and 5 were unclassified. There were 571 ...

Oil and gas operators in North Dakota have indicated they plan to drop rigs and frac crews due to weaker oil prices, a move that is likely to impact output in the third largest U.S. oil producer, the ...

(Reuters) -U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, ...

(Reuters) -U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy services firm Baker Hughes said in its closely followed report on ...