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Baker Hughes: US Oil Drillers Cut Rigs To Least In 6 Years

On 12 Feb, 2016

Baker Hughes: US Oil Drillers Cut Rigs To Least In 6 Years

U.S. energy firms this week cut oil rigs for an eighth week in a row to the lowest levels since January 2010, data showed on Friday, as energy firms continue to cut spending due to the collapse in crude prices.

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Canadian Energy Companies Sell 'Jewels' To Keep Oil Sands Afloat

On 09 Feb, 2016

Canadian Energy Companies Sell 'Jewels' To Keep Oil Sands Afloat

Canadian energy companies are sacrificing other parts of their business to keep higher-cost oil sands production going and safeguard the billions already invested in these multi-decade projects.

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