The Globe and MailShell delaying LNG Canada joint venture in northern BCThe Globe and MailRoyal Dutch Shell PLC says it is delaying the LNG Canada joint venture in northern British Columbia. Shell chief executive officer Ben van Beurden made the announceme …

Financial TimesFuture of US shale oil lies in Permian basinFinancial TimesEOG Resources, an independent oil group that was the leader in opening Eagle Ford, said this month it had paid $368m for drilling rights on 26,000 acres of the Delaware basin, part o …

CNBCWhy oil could rally big in 2016CNBCThe BOE bases this analysis on the co-movement of oil prices with those of other commodities. If oil prices drop simultaneously with other commodity prices, then presumably some common cause is the source. The supply …

ForbesIn the oil price war, it's hard to tell who's losing—OPEC or US shaleQuartzAs OPEC continues its now-17-month price war against upstart US shale oil, global oil prices fell under $45 a barrel last week, breaking through a threshold that had h …

Oil confirmed under Africa's oldest wildlife park Virunga: DRC govtPhys.OrgThe announcement was likely to reignite a heated debate within DRC over the merits of exploring for oil in the vast park, which covers some 7,800 square kilometres (3,010 square …

CNBCWhere's oil headed? Ask ChinaCNBCU.S. oil investors tend to fixate on domestic oil markets—and particularly shales—often at the expense of the bigger global picture. In the absence of a clear consensus on the marginal cost of oil, WTI bounces aroun …

MarketWatchOil soars 10% for biggest 1-day rise since 2009MarketWatchOil futures jumped by more than 10% on Thursday, with U.S. prices scoring their largest single-session percentage gain since 2009 following a report that Venezuela asked the Organization …

Financial TimesOil prices jump by most in six yearsFinancial TimesOil jumped by the most in six and a half years on Thursday, rebounding from lows last seen during the financial crisis, as a surge in global stock markets and outages in two major Nigerian p …

Oil price fall hits Canada's big banksFinancial TimesOn Thursday morning TD Bank said oil and gas impairments in the third quarter to the end of July rose by about two-thirds from the second quarter to C$35m, while CIBC said they rose by a third to C$3 …

The EconomistIt will take much cheaper oil for Saudi Arabia to take actionThe EconomistTHERE comes a time when any self-respecting cartel boss has to focus on protecting his turf. Saudi Arabia has spent the past nine months fighting to safeguard its share …