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The last of Canada’s big oil sands producers has reported record 2022 profits, bringing the total profit for last year of the big five to over $25.7 billion as they rode the tailwinds of a Chinese COVID crisis and Russia’s invasion of Ukraine
The U.S. oil rig count saw another major decrease this week as drilling activity declined for the third week in a row
Oil prices were ticking slightly upward on Thursday following U.S. economic data showing a 1.7% increase in Q2 2022 nonfarm business sector labor productivity
SpaceX has quickly become the de facto leader in the private space race, with 61 rockets launched into orbit last year