Imperial Oil puts brakes on rail volumes after government output cuts  ReutersCanada's Imperial Oil Ltd is grinding its rail shipments to a near halt due to uncertainty caused by government-mandated production curtailments, its chief ... Read mor …

Economic TimesTop India oil explorer to buy, not drill, its way to output goalEconomic TimesBy Saket Sundria and Debjit Chakraborty India's biggest oil explorer plans to snatch up producing assets to reach its goal of raising overseas output by more th …

Chron.comChevron profits soar on higher oil pricesChron.comChevron reported a 54 percent increase in third-quarter profits on Friday amid higher oil prices. The San Ramon, California oil producer collected $2 billion, or $1.03 a share, in the July-Septembe …

Imperial Oil posts smaller quarterly profitReutersOct 27 (Reuters) - Canadian oil producer and refiner Imperial Oil Ltd on Friday reported a smaller quarterly profit from a year ago when it realized a C$716 million gain from the sale of some its retail sit …

FuelFix (blog)Oil bust claimed a third of service workers, but job market improvingFuelFix (blog)The oil-market collapse that began nearly three years ago forced U.S. oil producers to dramatically curb drilling, eating into profits. But the companies that …

The EconomistData drillingOil struggles to enter the digital ageThe EconomistIn fact, the engineers of the Anglo-Dutch oil major were using computers to perform what they call “virtual drilling”, based on their knowledge of Fox Creek, a shale bed in Albert …

CBC.caOil prices spike as oilsands shutdowns limit productionCBC.caConocoPhillips has had to reduce production at its 140,000 bpd Surmont thermal plant because it uses light synthetic crude from Syncrude, one of the largest producers in Canada's oil sa …

Wall Street JournalAs the Oil-Sands Industry Declines, Its Biggest Champion BoltsWall Street JournalCALGARY—Billionaire Canadian oil man N. Murray Edwards made a prediction two years ago that shocked many industry players: He forecast that oil prices would …

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 …