Precision Drilling Corp. says it earned $39 million in the third quarter of 2024, nearly double what it earned in the same time period last year. Canada’s largest oil-and-gas drilling rig company says the profit works out to $2.77 per share, compared to the $20...
Premier Danielle Smith says Alberta has applied for a judicial review of Ottawa’s exemption of the carbon levy on home heating oil. At a Tuesday announcement, Smith said it is “blatantly” unfair to Albertans who rely on natural gas to heat their...
 The drilling rig report for Oct. 28 demonstrated the growing variety of resources been accessed through the drill bit. Out of the 37 rigs punching holes across Saskatchewan, 32 were drilling for oil, three for potash, one for helium and one for lithium.That’s...
REGINA – The Saskatchewan Party landed a historic fifth consecutive majority government on Oct. 28, but were humbled by the loss of several seats, including several cabinet ministers in the big cities.The TV coverage went late into the night before declaring a winner,...
Ontario is moving to extend a 5.7-cent cut to the provincial gas tax until next summer. Premier Doug Ford says his government will soon put forward legislation that, if passed, will keep the tax at nine cents per litre until June 30. The legislation would...
Global oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared. Prices for crude spiked globally on October 2 after Iran fired nearly 200...
