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Brazilian drilling contractor Constellation Oil Services has been awarded a new contract with Petrobras to carry out ...

Additionally, the offshore driller has announced the sale of a jack-up rig for $24 million ... SM Energy is set to expand its oil-centered operations in the coming years, with an increasing ...

Pump jacks, also known as beam pumps, play a crucial role in extracting crude oil from reservoirs where natural pressure is ...

(Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks energy, services firm Baker Hughes said in its closely followed ...

Precision Drilling , Canada's largest drilling rig operator, saw a steeper-than ... Services — from "buy" to "hold." A view of an oil pump jack on the prairies near Claresholm "I know that ...

Oil prices fell more than $3 per barrel on Monday after Israel’s retaliatory airstrikes on Iran over the weekend avoided targeting Tehran’s oil and nuclear facilities, easing fears of supply ...

A TD Cowen report from February predicted Canadian oil producers will "err on the side of conservatism" due to uncertainty over tariffs. Analysts at the bank reduced their 2025 Canadian rig count ...