CALGARY, – One of Canada’s biggest drilling firms just got a lot bigger, especially on the service rig side. CWC Energy Services Corp. (TSXV: CWC) announced on Sept. 7 it has entered into a definitive agreement to combine with Precision Drilling Corporation...
SASKATOON – Saskatchewan’s geothermal project got a significant boost, with a report from a major consulting firm that their project should fly. DEEP Earth Energy Production Corp. announced on Sept. 7 that SLB’s GeothermEx consulting service has completed a geoscience...
DUBAI, United Arab Emirates (AP) — A Greek shipper has pleaded guilty to a charge over it smuggling sanctioned Iranian crude oil and agreed to pay a $2.4 million fine, U.S. federal court papers seen Thursday by The Associated Press show. Empire Navigation agreed to be...
JUNEAU, Alaska (AP) — In an aggressive move that angered Republicans, the Biden administration canceled the seven remaining oil and gas leases in Alaska’s Arctic National Wildlife Refuge on Wednesday, overturning sales held in the Trump administration’s...
Once more Texans under electrical grid alert due to low wind and high temperatures, except this time things got dicey. Real dicey (Editor’s note: this story was updated several times Wednesday night as more information became available) Despite being one of the...