Oil & Gas News

Statoil ASA, Norway's biggest energy company, said profit fell 12 percent in the second quarter as gas prices slid and output sank on maintenance and asset sales.

Bombardier Inc. . Aerospace. Down four cents, or 1.07 per cent, to $3.70 on 10.1 million shares.

By the end of the year, Alaska will have 55 percent of seats on domestic flights operating from Seattle-Tacoma International Airport, its executives say.

Bankrupt power giant Energy Future Holdings terminated its restructuring agreement and announced plans to auction its stake in the profitable power transmission business Oncor Electric Delivery Co., according to a filing Thursday with the U.S. Securities and Exchange Commission.

Oil executive Jiang Jiemin rose to power in Communist China in time-honored fashion: by hitching his star to a mighty mentor.

Michigan officials are ordering Enbridge Energy Partners LP to install additional support structures beneath two oil pipelines at the bottom of the Straits of Mackinac, the waterway linking Lakes Huron and Michigan.

Encana Corp. says strong performance in 2014 has led it it to hike its cash flow targets for the year.

Husky Energy says it earned $628 million in its latest quarter, up from $605 million a year ago as production increased about eight per cent.

STEER President Omar Garcia and former San Antonio Mayor Henry Cisneros pause for a photo at last year's Eagle Ford Excellence Awards.

Wall Street is optimistic about Cabot Oil & Gas , which is slated to report its second quarter results on Thursday, July 24, 2014.

Sir Robert Smith MP last week called on the Prime Minister to reconfirm the Government's commitment to the North Sea oil and gas industry.

Its easy to find precedent that supports your side. But your case will not be exactly like that case.

A multibillion-dollar deal in the telecom sector and a potential purchase in the Canadian oilpatch helped push the Toronto stock market higher Wednesday.

TransCanada Corp. says its $800-million Northern Courier pipeline proposal has been given the green light by the Alberta Energy Regulator.

Talisman Energy Inc. says it's been approached by Spanish energy company Repsol SA regarding a possible deal, but there's no guarantee any transaction will be done.

Houston-based Apache Corp. faces a new wave of investor activism with a New York investment firm announcing it has acquired a $1 billion stake in the energy exploration and production giant.

The Maryland Board of Public Works is scheduled to consider a wetlands license for Dominion Resources, as it works toward building a liquefied natural gas export facility in Calvert County.

In this Aug. 30, 2013, file photo, Americans for Prosperity Foundation Chairman David Koch speaks in Orlando, Fla.

The parent company of Gatehouse Media has announced an agreement to buy The Providence Journal and related print and digital assets from A.H. Belo Corp. for $46 million in cash.

Following President Barack Obama's signing of an executive order Monday expanding protections for federal workers and contractors from discrimination based on sexual orientation or gender identity, the Labor Department has 90 days to issue regulations for how employers must comply.