CBC.caOil industry teetered 'close to bankruptcy,' but experts see signs of hopeCBC.ca"The last two years has been among the most challenging in the history of the Canadian oil and gas industry. The energy business was close to bankruptcy,&quo …

CBC.caOil industry teetered 'close to bankruptcy,' but experts see signs of ...CBC.caAs the Canadian oilpatch slowly emerges from a two-year price collapse, one investor suggests the industry would have gone belly up if the downturn had ...and …

CNBCAfter Lean Years, Big Oil May Emerge Stronger Than EverCNBCAfter a heart-stopping plunge in the price of crude over the last two years, along with slashed dividends and the elimination of tens of thousands of jobs, the biggest oil companies are proving …

The Sydney Morning HeraldMarkets Live: Oil fuelled gainsThe Sydney Morning HeraldWhile energy stocks are mostly higher - Santos up 2.3 per cent, Oil Search 1.9 per cent and Woodside 0.7 per cent - property shares are taking another beating, with the sub-in …

EcoWatchBP Platform Leaks Oil Into North Sea With No Plans to Clean It UpEcoWatchAbout 95 metric tons of oil leaked into the North Sea on Sunday from BP's Clair platform, and it will be left in the ocean. BP says the oil is moving away from land and di …

CNBCDon't trust the oil rally. This trader says crude is headed back to the $30sCNBCCrude oil prices won't see $60 anytime soon and in fact might not even get to $50. The fundamental picture for crude tells a story of a commodity that is headed bac …

CNBCIran signals more willingness for OPEC action to boost oil priceCNBCThough Iran has not yet decided whether to join a new effort, Tehran appears to be more willing to reach an understanding with other oil producers, the sources said. Venezuelan Oil Min …

ReutersNorth Dakota oil output posts biggest drop in historyReutersNorth Dakota's oil output fell the most in history in April, with low crude prices CLc1 and inclement weather forcing producers to cut back the drilling and fracking of new wells, state …

CBC.caStatoil confirms 2 new oil discoveries in Flemish Pass BasinCBC.caNine wells were drilled near the Bay du Nord discovery about 500 kilometres off St. John's, and the company confirmed its two new oil discoveries are near that site. In Bay du Nord …

MarketWatchOil prices cut losses, but hold ground near one-week lowMarketWatchOil prices had started their descent late Wednesday after minutes of the Fed's April meeting indicated that the central bank could raise U.S. interest rates as early as next …