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 ...

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

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

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 ...

Offshore oil rigs have made it possible to collect oil and natural gas from below the ocean's floor, appearing as massive megastructures in the middle of open water. Given their sheer size and ...