CBC.caMore than 500 jobs, nearly half of company's workforce, cut as a result of low ...CBC.ca"Due to the current market challenges and uncertainty with respect to future oil commodity prices and drilling activity, PHX Energy has significantly red …

MarketWatchOil futures suffer 3% weekly declineMarketWatchNews that Saudi Arabia doesn't back holding an emergency Organization of the Petroleum Exporting Countries' meeting aimed at stopping crude's slide and falling U.S. refinery activity add …

CBC.caOil rises as American drivers boost demand for gasolineCBC.caBut today, the EIA issued data showing U.S. crude oil inventories rose nearly 2.6 million barrels last week, more than most analysts had forecast. That bad news was mitigated by evidence th …

Huffington PostBig Oil Tanks California Measure To Cut Petroleum Use In HalfHuffington PostWhile the oil industry lobbied against the bill, other businesses had lined up behind it. "It's really disappointing to see the oil lobby kill the petroleum …

The Globe and MailOutspoken JC Anderson was an oil patch originalThe Globe and MailJ.C. Anderson, a transplanted Nebraskan who built one of Canada's largest independent oil and gas companies using a combination of sharp business acumen and homespun wit …

BloombergCanada Oil Sands Fork Over Billions for 500000 Unneeded BarrelsBloombergThe last place oil producers want to be when prices plummet to profit-demolishing lows is midstream on a billion-dollar project in one of the costliest parts of the planet to …

CBC.caCanadian oil stocks hit hard on marketsCBC.caAlready hurting because of low oil prices, Canadian oil and gas companies are being hit hard on the stock market. In early trading on Monday, the price of some stocks hit levels not seen in 15 years. Stock …

CBC.caCheap oil will last through 2018 at least, Moody's saysCBC.caIn the early days of the slowdown that began in the late summer of 2014, the strategy for many oil producers was to ride out the storm: cut costs, put new drilling on hold and keep your …

The Globe and MailLow oil and gas prices could continue another three years: Moody'sThe Globe and MailMoody's published the study as Canadian heavy oil prices slumped to levels not seen since the financial crisis of 2008 and 2009, and benchmark Nor …

The Globe and MailCanadian Natural blames Alberta NDP's tax hike for steep lossThe Globe and MailThe two-percentage-point increase in the corporate rate, one of Premier Rachel Notley's first moves after her government was sworn in, is aimed at help …