Wall Street JournalCanadian Oil Producers Cenovus, Crescent Point Ramp Up SpendingWall Street JournalCenovus Energy Inc. and Crescent Point Energy Corp., two big Canadian oil-sands producers, signaled a return to growth in the country's oil patch with …

BloombergAirlines to Take First Profit Hit Since 2011 as Oil Price ClimbsBloombergWhile airlines have this year been reaping record profits following a slump in the price of crude, IATA reckons a barrel of oil will average $55 in 2017, up from $44.60, lift …

RTExplosion, fire at oil refinery lead to evacuation in northeast Venezuela (PHOTOS, VIDEOS)RTA hospital in the northeastern state of Anzoategui, Venezuela, has been evacuated following an explosion and a fire that engulfed an oil refinery located nearby, …

The Globe and MailOil sands producers pushed to reduce impact on environmentThe Globe and MailOil sands producers are facing unprecedented environmental scrutiny just as crude prices show tentative signs of recovery, posing new hurdles to expansion in the …

Tulsa WorldEni narrows 3Q losses despite low oil pricesFox NewsMILAN – Italian oil and gas giant Eni says it narrowed third-quarter losses but continued to be stung by the downturn in gas and oil prices. Eni, which is 30-percent government owned, said Frid …

ReutersOil firms hold spending amid higher pricesThe Globe and MailWest Texas intermediate oil has rebounded sharply since September to around $50 (U.S.) a barrel as hopes build for a possible deal among the world's top producers to curb oversupply in …

Smugglers of harp seal oil and honeybee royal jelly sentencedLos Angeles TimesA Walnut couple was sentenced to home detention this week and their import and distribution companies were fined after they pleaded guilty to smuggling harp seal oil and honeybee …

Wall Street JournalCenovus Posts Loss as Oil-Price Slump Continues to WeighWall Street JournalLike its oil-producing peers, Cenovus has been hard hit by the drop in oil prices and has been focused on cost-cutting efforts. Earlier this year, it slashed its …

Globalnews.caCenovus Energy to slash 440 more jobs as oil price fallout continuesGlobalnews.caCALGARY – Hundreds of people will lose their jobs at Cenovus Energy in another round of layoffs prompted by soft oil prices, Global News has learned. “Sadly, we w …

Financial PostCanada's biggest oil producers are sitting on a near-record pile of cash amid price routFinancial PostBen Nelms/Bloomberg The five largest oil producers including Suncor Energy Inc. and Cenovus Energy Inc. have a combined $8.5 billion in …