NewsweekBlame oil: Nigeria slumps into recession, Norway stallsCNNMoneyThe slump in oil prices has drained Nigeria's foreign currency reserves. To stem the outflow of cash from the country, the government introduced strict restrictions on importing goo …

Irish IndependentCompaniesTullow strikes oil in GhanaFinancial TimesTullow Oil, the Africa-focused oil exploration and production group, has reported its first flows from the company's “transformational” offshore Ghana site. Known as the TEN project, t …

CNNMoneyVenezuela chaos: The biggest threat to cheap oilCNNMoneyAs the situation worsens, Venezuela's oil output could plunge even lower. A new report by Columbia University's Center on Global Energy Policy calls Venezuela a "growing supply ri …

CBC.caOntario automakers faced more pain in '09 than Alberta's ongoing oil woes: fedsCBC.caOntario's auto sector absorbed a far greater economic wallop during the financial crisis than the damage low oil prices have inflicted on Alberta, says a …

Financial TimesNigeria oil pipeline bombed causing 'massive spills'VanguardIt was blown up early yesterday (Monday),” a senior official of a major oil firm told AFP Tuesday. PPMC is a subsidiary of the Nigerian National Petroleum Corporation, which …

Edmonton JournalGary Lamphier: Look out below: oil prices to sink again in second halfEdmonton JournalToday, like many days, I'd rather write about anything but crumbling oil prices or Alberta's crippled economy. Seriously, it's a good thing I …

CNNMoneyWhy Venezuela's oil production plunged to a 13-year lowCNNMoneyCrisis-stricken Venezuela has another big problem: its oil production has plunged to alarmingly-low levels. At a time when most OPEC countries are ramping up oil output, Venezuela p …

Wall Street JournalAs Oil Reserves Dwindle, Russia Weighs Tax Increases to Fill Budget GapsWall Street JournalMOSCOW—Russia is exploring a raft of potentially unpopular new tax measures in the coming years, government officials say, as the oil-dependent co …

Engineering firm Arcadis' Q1 core earnings hurt by Brazil recessionDaily MailAMSTERDAM, April 21 (Reuters) - Dutch engineering company Arcadis posted a 9 percent fall in first-quarter core earnings to 46.6 million euros ($52.6 million) and warned of co …

NEWS.com.auAustralian dollar plunges on oil pricesNEWS.com.auThe currency has slumped after a meeting of oil producing nations in Qatar on Sunday night (AEST) failed to agree to cut production. The talks broke down after Saudi Arabia reportedly demanded th …