Low oil price hits $200 billion in mega-projectsYahoo News UKLONDON (Reuters) - Deepwater oil projects and complex gas facilities worth around $200 billion have been cancelled or put on hold worldwide in recent months due to the sharp drop in oil prices ov …

FuelFix (blog)European Big Oil opens schism on climate with U.S. rivalsFuelFix (blog)Exxon is “actively engaged” with the European companies through an organization called International Petroleum Industry Environmental Conservation Association, or Ipieca, …

The Globe and MailOil price crunch exposes energy industry inefficienciesThe Globe and MailCanada's oil sands producers are struggling to adjust to much lower crude prices despite jettisoning thousands of employees and slamming the brakes on billions w …

Financial PostOil retreats off 2015 highs, Iraq exports hit recordYahoo Finance UKLONDON (Reuters) - Oil prices edged lower on Friday, easing off 2015 highs after Iraq said its crude oil exports hit a record in April, keeping Middle East production well ab …

The Globe and MailBig oil sands players hope pumping record crude will pay off over timeThe Globe and MailSome of the sector's largest players – including Suncor Energy Inc., Imperial Oil Ltd. and Cenovus Energy Inc. – are dumping more oil into one of …

Globalnews.ca'No one knows' where oil prices are headed as Imperial, Suncor report earningsGlobalnews.caCALGARY- The top executives of two major oilsands producers say they're looking past swings in crude prices and focusing instead on what&#39 …

The Globe and MailInvestors brace for ugly first-quarter oil resultsThe Globe and MailEnergy investors are dreading what they are about to see – the financial ravages of a full quarter of deeply depressed oil prices. First-quarter results in the oil patch …