Yahoo News Canada (blog)Oil Reaches $70: Why Aren't Oil and Gas Stocks Taking Off?Yahoo News Canada (blog)Since July of last year, oil prices have been on rising and have reached levels not seen for years. Brent crude oil prices have reached $70 this m …

Wall Street JournalCanada's Oil Producers, in Standoff With Railways, Sit Out Oil-Price RallyWall Street JournalTORONTO—Hard-nosed negotiating by railway companies is keeping Canadian oil producers from cashing in on a world-wide oil price rally. Oil p …

BloombergOil-Sands Buyout Spree Paying Off as Takeovers Boost OutputBloombergThe acquisition spree that returned much of Alberta's oil sands to Canadian hands is so far working out as the buyers projected, with results at Canadian Natural Resources Ltd …

The Globe and MailCenovus sale of Pelican Lake assets could spark more oil-patch dealsThe Globe and MailCanadian Natural, fresh from acquiring Royal Dutch Shell PLC's oil sands business, is snapping up a field in Alberta called Pelican Lake, which is a …

From Oil To Arms: Saudis Move Away From CrudeOilPrice.comThe sovereign wealth fund of Saudi Arabia has set up a defense business as part of its efforts to reduce the Kingdom's dependence on crude oil for budget revenues laid out in the Vision 2030 plan …

Algeria Headed For Unrest As Oil Subsidies Set To EndOilPrice.comAlgeria is planning to reduce oil subsidies further as a way of cutting public spending amid consistently low oil prices, the North African country's Finance Minister Haji Baba Ammi told …

The Non-Shale, Non-OPEC Problem for Oil TradersWall Street Journal (subscription)A wave of new petroleum production from countries like Canada and Brazil is adding a new problem for oil traders who until now had been primarily preoccupied with U.S. output …

ReutersConocoPhillips to lay off 300 in Canada oil sands pullbackReutersNorwegian oil company Statoil ASA (STL.OL), which late last year agreed to sell Canadian oil sands assets to local producer Athabasca Oil Corp (ATH.TO), has also shed staff, a spokesma …

Cenovus delays move to Brookfield Place amid oil downturnThe Globe and MailCenovus spokesman Reg Curren said the oil sands company was meant to take possession of its new offices at Brookfield Place late this year and move in early next year. But Mr. Curre …

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 …