Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") is pleased to announce its operating and financial results for ...

The number of active rigs drilling for oil and gas in the U.S. remained unchanged this week at 592, down by 37 rigs from this time last year, Baker Hughes said in its latest report.

U.S. drilling activity remains steady with 592 rigs, but the Permian Basin sees a decline, falling three rigs to 301.

“When you get below the cost of supply, you can’t ‘drill, baby, drill,’” Hamm tells Bloomberg. The oil industry could be at a turning point as low oil prices benefit consumers but pose ...

Giants like Chevron are increasingly prioritizing efficiency over substantial capital investments or quantitative expansion ...

The reason is that most liquefied natural gas producers abroad price their long-term contracts to a percentage of the ...

With 199 rigs running, the count is 8 fewer than the 207 units drilling this week a year ago. The number of oil-directed rigs in Canada fell by 31, bringing the count to 139 rigs for the week.

Artificial intelligence is transforming oil and gas drilling, making once-infeasible projects viable and improving efficiency ...

Crude futures rose to end a week of ups and downs inflicted by exchanges over tariffs as well as talks aimed at ending the ...

Industry leaders say they have plenty of reasons to give thanks. Trump is an unabashed champion of US oil and gas production ...

- Israeli Prime Minister says progress on cease-fire depends on Hamas's response while US administration hopes to finalize deal this week ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 1 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as ...