Financial TimesConocoPhillips sells oil and gas assets to Cenovus for $13.3 billionReutersN) on Wednesday agreed to sell oil sands and western Canadian natural gas assets to Cenovus Energy Inc (CVE.TO) for C$17.7 billion ($13.3 billion), making it the late …

CBC.caOil giants look to invest despite losses and price collapseCBC.caSince oil prices began to nosedive two years ago, Cenovus Energy has been on its heels, desperately trying to cut costs. Management slashed capital spending, delayed projects and cut th …

More Cuts Loom as Oil Nears $25Wall Street JournalAs crude prices slide toward $25 a barrel, many oil companies have little choice but to start making the steep cost cuts they have avoided up until now, jettisoning every well that can't break even or i …

Wall Street JournalCuts Loom as Oil Nears $25Wall Street JournalAs crude prices slide toward $25 a barrel, many oil companies have little choice but to start making the steep cost cuts they have avoided up until now, jettisoning every well that can't b …

Ewart: Oil woes driving Alberta's downward economic spiralCalgary HeraldJob losses in the oilpatch mounted Thursday as the oil price collapse is pushing the once-vibrant Alberta economy into a dramatic downward spiral. A report from CIBC World Markets …

Fund managers bet on battered 'small oil' stocksYahoo News UKLONDON (Reuters) - After a rout in energy stocks on the back of a slump in crude oil prices, some fund managers have started fishing for smaller oil exploration companies, betting that a …