Oil groups' shares jump on Kurdistan payment pledgeFinancial TimesShares in Iraqi Kurdistan-focused oil producers jumped on Thursday after the semi-autonomous region's government said it would start making regular payments next month to the energy …

CBC.caOil-price plunge could cost Ontario billions in equalizationCBC.ca"Ontario may shift [to have status] because of what's happening in Alberta, Saskatchewan and Newfoundland," McMillan said. "The price of oil goes down, their natural …

CBC.caSuncor cuts spending by $400M as oilpatch rides out low oilCBC.ca"Many companies are trading below 2008 financial crisis levels," he told CBC News. "We think there is tremendous value opportunity for investors in the energy sector...If …

Yahoo NewsSikorsky to cut 1400 jobs, citing falling oil productionYahoo News(AP) — Sikorsky Aircraft Corp. says it's cutting 1,400 jobs in the coming year as the helicopter manufacturer faces declining demand for shuttling workers to offshore oil platf …

Oil settles at highest level of the yearMarketWatchOil futures on Tuesday marked their highest settlement of the year, based on the most-active contracts. Prices got a boost from a weaker U.S. dollar as traders bet that weekly data will show a decline in U …

CBC.caCanada's crude oil production fell in May to lowest level in almost 2 years ...CBC.caCompanies in the space like Royal Dutch Shell, Canadian Oil Sands and Suncor Energy have yet to release their official production estimates, but they are also in …

Canaport deals help Irving Oil earn millions on LNG plantCBC.caAided by the tax break, a lucrative lease on Canaport property and guaranteed dividends it negotiated for itself, Irving Oil has been making millions of dollars at Canaport, even though its par …

Ex-Maersk Oil Exec To Lead Gulf KeystoneYahoo Finance UKA controversial London-listed oil company is lining up the appointment of a new chief executive less than a year after appointing its current boss. Sky News has learnt that Gulf Keystone Petroleum is …

Ex-Maersk Oil Exec To Lead Gulf KeystoneSky NewsSky News has learnt that Gulf Keystone Petroleum is close to announcing that Jon Ferrier, a senior executive at Danish-based Maersk Oil, will replace John Gerstenlauer at the helm. Gulf Keystone hopes that th …

Longview Daily NewsOil refinery faces host of hurdles before coming to LongviewLongview Daily NewsRiverside Refining and its parent, Waterside Energy, are both Houston-based startups. Soumas said that neither he or his business partner Chris Efird have sta …