Oil & Gas News

Local MP Mike Weir recently set out a case for benefits to Scottish industry if the country opts for independence.

Investors are turning away from the North Sea due to a lack of significant new reserves, according to the founder of a leading oil and gas exploration company.

Famed oil bull Andy Hall's hedge fund rose nearly 8 percent in February in its biggest monthly gain in 2-1/2 years, boosted by a rally in crude oil that could help Occidental Petroleum 's chances of selling its stake in the fund.

Bombardier Inc. . Aerospace. Up one cent, or 0.28 per cent, at $3.60 on 6.4 million shares.

Canadian Natural Resources Ltd. is facing 11 environmental charges over the release of a potentially deadly gas near an aboriginal community in northern Alberta.

Riddle's Group Inc. announced Thursday it had purchased Landstrom's Original Black Hills Gold Creations' manufacturing and wholesale division for an undisclosed price.

Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. increased by 23 this week to 1,792.

The International Festival of Owls is expected to draw nearly 2,000 visitors Friday through Sunday to the city of 979 people.

The oil industry is pressuring President Barack Obama to end the 41-year-old ban on most crude exports.

March 1, 2014: Brian Scritchfield takes an order over the telephone at Bobtown Pizza in Bobtown, Pa.

SUPERIOR, Wis Environmentalists say they'll fight plans by Enbridge Energy to replace a crude oil pipeline from Canada to Wisconsin with a much larger facility.

A federal appeals court on Thursday revived dozens of lawsuits by soldiers and others who claim they were harmed by improper waste disposal while serving in Iraq and Afghanistan.

To give visitors a way to watch, the White House embedded a live stream from the Fusion network on its own website.

The Toronto stock market was lower Thursday while traders prepared to take in the release of job creation data Friday and European leaders considered sanctions against Russia.

The National Energy Board is set to release a decision today on whether it will allow energy delivery giant Enbridge to reverse the flow and increase the capacity of a pipeline that's been pumping oil between southern Ontario and Montreal for years.

Canadian Natural Resources Ltd. says its net earnings in the final quarter of 2013 totalled $413 million, or 52 cents per diluted share.

Federal Industry Minister James Moore has given the green light to a deal under which a subsidiary of Malaysia's Petronas will acquire the Montney gas holdings of Talisman Energy Inc. for $1.5 billion.

Former Conservative Indian Affairs minister Jim Prentice has been tapped to try and broker deals between Northern Gateway and First Nations opposed to the multibillion-dollar pipeline through British Columbia and Alberta.

Oil and gas giants Chesapeake Energy and Encana Corp. were charged on Wednesday with colluding to keep oil and gas lease prices artificially low in the state of Michigan, the state Attorney General Bill Schuette said.

Exxon Mobil says it will cut capital spending by 6 per cent this year but still boost production of liquids such as oil by 2 per cent.