The AustralianWoodside to buy ConocoPhillips oil assets in SenegalThe AustralianWoodside Petroleum has agreed to pay $US430 million for ConocoPhillips' 35 per cent stake in a Senegal offshore oil joint venture containing what was until recently the wor …

CBC.caCanadian urge to produce expensive oil reminds us why world prices have hit a ceiling: Don PittisCBC.caThe main thrust for Canadian producers is to build more pipelines so they can expand capacity and push ever more of their relatively expensive oil …

CBC.caTuesday's $2 jump in the price of oil doesn't necessarily spell a return to glory days in the oilsandsCBC.caThe main thrust for Canadian producers is to build more pipelines so they can expand capacity and push ever more of their relatively e …

Wall Street JournalCanada's Oil-Sands Industry Girds for Leaner TimesWall Street JournalAs the Canadian oil-sands hub of Fort McMurray, Alberta, battles to rebuild after wildfires that ripped through in May, the industry that made it a boomtown is cont …

CBC.caOil prices to hover around $50 this year, touch $60 by 2017, say energy analystsCBC.caDeloitte has updated its oil price forecast and is now predicting prices will stay at $50, or just over, for the rest of the year, possibly touching $60 at some poi …

Globalnews.caVideo shows oil industry bus driving wrong way on Alberta highwayGlobalnews.caThe video, uploaded by Pamela Helmer, shows the bus driving north on the southbound shoulder of the highway near Mariana Lake on Thursday afternoon. Diversified is a …

CBC.caOil at $50: What life looks like in the oilpatch 2 years after prices plummetedCBC.caTwo years ago, $50 oil would have been considered a nightmare scenario. Even last June, no one in the energy sector would have welcomed it. But two years into the oi …

The Globe and Mail (subscription)Connacher Oil and Gas extends deadline for court-supervised bid submissionsThe Globe and Mail (subscription)Connacher Oil and Gas Ltd. has extended the bid deadlines for the sale of its oilsands leases and extraction plants …

India's new oil diplomacy aimed at sweetened dealsThe HinduPetronet LNG Limited, India's largest gas importer would have at least saved $8 billion or Rs 50,000 crore over the life of the contract at current oil prices by re-negotiating a gas deal w …

Motley FoolOil & Gas Stock Roundup: $50 Oil Fuels Massive GainsMotley FoolOil spent most of the week above $50 a barrel, though it did close just under that key level and was barely up for the week. Still, oil around $50 a barrel is great news for prod …