Canacol Posts $25MM Loss on Deferred Tax Payment

Canacol Posts $25MM Loss on Deferred Tax Payment

Canacol Energy Ltd. has reported $25.4 million, or $0.75 per share, in net loss for the fourth quarter (Q4), compared to a net profit of $29.9 million for the same three-month period in 2023. The natural gas exploration ...

North America Loses More Rigs Week on Week

North America Loses More Rigs Week on Week

North America cut 18 rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on March 21. Although the total U.S. rig count increased by one week on week, Canada’s tota...

A company in Japan explains

A company in Japan explains

Mikio Okumura, group CEO and president of Sompo Holdings Inc.Bloomberg | Bloomberg | Getty ImagesSompo Holdings, Inc., one of Japan's biggest insurance companies, says it's using artificial intelligence to help alleviate...

How the UK manufacturing sector is tackling waste

How the UK manufacturing sector is tackling waste

The manufacturing sector is a huge contributor to waste in the UK, with the UK government estimating that in 2020, it generated around 40.4 million tons of commercial and industrial waste. This is an outstanding amount o...

Attribution — A hidden risk factor

Attribution — A hidden risk factor

Humans are inquisitive and try to explain things in order to have a rationale (explanation) for their occurrence or existence. It allows us to understand and function in our environment. This approach influences our rela...