Chief executive Kevin Neveu says Precision expects to spend $200 million this year, a reduction of $25 million from its earlier forecast.

Transocean Ltd. RIG is set to release first-quarter 2025 earnings on April 28, after the closing bell. The Zacks Consensus ...

Canada is increasingly viewed as a “friendly” energy source—not only for the US, but for other democracies seeking to ...

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since February, ...

The weekly rig count increased in the US and dipped slightly in Canada, according to Baker Hughes. There were 587 rotary rigs working in the US and its waters compared with 613 for the comparable ...

Some small U.S. shale producers are putting the brakes on oil drilling as crude prices sink to multi-year lows and steep tariffs drive construction costs higher. Less drilling could slow future output ...