Canada’s Oil Boom: Climate Reckoning Looms
Canada’s oil and gas industry is declaring a turning point, but climate experts are sounding the alarm: the world is on a dangerous path, and the stakes have never been...
Reliance JV to Invest $11B in AI Data Center
“`html India gears up for a transformative leap in AI infrastructure as Reliance Industries and its global partners unveil a massive $11 billion investment to revolutionize data center capacity. This...
Türkiye, Pakistan Sign Landmark Energy Deal
Big moves are coming in the energy world as Türkiye prepares to sign a landmark agreement with Pakistan, setting the stage for a new era of oil and gas exploration...
US Oil Rigs Hit 4-Year Low as Drillers Pull Back
US drillers have pulled back on new drilling activity, cutting oil and gas rigs for the first time in four weeks, signaling a fresh pause in the nation’s energy expansion....
Labour’s North Sea Oil Policy Sparks Confusion Amid Tax and Licensing U-Turn
“`html Labour’s North Sea Oil Policy Creates Confusion as Government Reverses Campaign Promise The UK government is sending mixed signals on North Sea oil and gas, allowing new drilling at...
US Drill Rigs Fall Sharply as Producers Prioritize Efficiency Over Growth
US drillers pulled back on new oil and gas projects last week, cutting rigs for the first time in a month as the industry shows signs of renewed caution amid...
I notice there’s a mismatch between the HTML article content provided and the search results available to me. The HTML article describes a significant contraction in Western Canadian drilling activity with declining rig counts and job losses, while the search results from July 2024 and November 2024 indicate expectations of increased drilling activity and potential rig shortages in 2025. However, I can generate a headline based on the HTML article content you’ve provided: **Western Canada’s Oil Boom Turns to Bust as Rigs Plunge**
“`html Drilling Activity Plunges in Western Canada as Oil Prices Sink Western Canada’s oil and gas sector is facing a sharp slowdown as drilling activity plummets in response to collapsing...
UK Keeps Oil & Gas Windfall Tax Until 2030, Industry Warns of Job Losses
“`html UK’s Oil and Gas Windfall Tax to Stay Until 2030, Sparking Industry Fury Britain’s controversial Energy Profits Levy will remain in place until March 2030, dealing a devastating blow...
Canada’s Oil & Gas Sector Faces Emissions Cap Removal Amid Climate Warnings
“`html Canada’s oil and gas sector is experiencing a dramatic shift as federal policy appears to be changing course on emissions regulations, but climate experts are warning the stakes have...
Sacha Field Boosts Output with New Well
Another oil well has come online in Ecuador’s Sacha field, sending production surging by 2,000 barrels per day. The boost is a rare bright spot in a sector struggling with...