Yahoo NewsSikorsky to cut 1400 jobs, citing falling oil productionYahoo News(AP) — Sikorsky Aircraft Corp. says it's cutting 1,400 jobs in the coming year as the helicopter manufacturer faces declining demand for shuttling workers to offshore oil platf …

Oil settles at highest level of the yearMarketWatchOil futures on Tuesday marked their highest settlement of the year, based on the most-active contracts. Prices got a boost from a weaker U.S. dollar as traders bet that weekly data will show a decline in U …

CBC.caCanada's crude oil production fell in May to lowest level in almost 2 years ...CBC.caCompanies in the space like Royal Dutch Shell, Canadian Oil Sands and Suncor Energy have yet to release their official production estimates, but they are also in …

Canaport deals help Irving Oil earn millions on LNG plantCBC.caAided by the tax break, a lucrative lease on Canaport property and guaranteed dividends it negotiated for itself, Irving Oil has been making millions of dollars at Canaport, even though its par …