UK energy giant BP’s profits double to $27.7 billion

LONDON (AP) — British energy firm BP reported record annual earnings Tuesday, fueling demands that the U.K. government boost taxes for companies benefiting from the high price of oil and natural gas after Russia’s invasion of Ukraine. London-based BP said underlying...

Nominations open for 2024 Saskatchewan Oil & Gas show awards

WEYBURN, SK – Who has made a difference, or perhaps dedicated their lives, to the oil and gas industry in Saskatchewan. You’ve got some time to ponder that, and perhaps nominate them for 2024 Saskatchewan Oil and Gas Show awards. The Weyburn Oil Show Board has...

Whitecap closes three deals, two of which were in Saskatchewan

CALGARY – Whitecap Resources Inc. announced on Feb. 6 that it has closed all three previously announced dispositions of certain non-strategic assets for aggregate consideration of $419 million, including $394 million of cash, prior to closing adjustments, and...