A nearly one per cent rise in energy workers employed in Canada in July confirmed that the numbers at work in the industry are now at their highest level since 2015.

U.S. energy services costs are declining but the downward trend is being slowed somewhat by tight supplies of high specification drilling and completions equipment and contracting strategies, operators reported in their second quarter earnings calls.

There is an oversupply in the renewable fuels market, executives of multiple U.S. producers flagged during second quarter of 2024 reporting.

Jackson Hegland and Al Duerr are the chair and vice-chair, respectively, on the first board of directors cohort for the Methane Emissions Leadership Alliance (MELA).

Entropy Inc. has appointed Sanjay Bishnoi as chief executive officer.

Shell plc plans to scale back its oil and gas exploration and development workforce by 20 per cent as CEO Wael Sawan widens his cost-saving drive to the highly profitable division after deep cuts in renewables and low-carbon businesses, company sources said.

In Q2 2024, Coelacanth Energy Inc. continued to make strides on its large Two Rivers Montney project.

Source Rock Royalties Ltd. reported that realized pricing on its royalty production was 17 per cent higher in Q2 2024 compared to Q1 2024.

TC Energy Corporation announced today that South Bow Corporation has closed a notes offering of approximately $7.9 billion Canadian-dollar equivalent in aggregate principal amount related to the spinoff of TC Energy's Liquids Pipelines business.