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 ...

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 ...

In comparison, Canadian oil production is dominated by the oilsands ... "We're not planning on shutting any rigs down or changing our plans yet. And it largely is because our company can tolerate ...

Baker Hughes (BKR) reports that the U.S. rig count is down 2 from last week to 576 with oil rigs down 1 to 473, gas rigs down 1 to 100 and miscellaneous rigs unchanged at 3. The U.S. Rig Count is ...

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 ...

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 ...

There's no denying just what a time commitment working on an oil rig can be, nor how isolated one might feel while doing so. The latter in particular comes with the territory at times: The Perdido ...