Oil & Gas News Archives

VIDEO REPORT _ TransCanada used its AGM to unveil more details about expansion on its Keystone pipeline project. Find out how CEO, Hal Kvisle is trying to sell investors on the extra expense.

The main militant group behind a string of recent attacks in Nigeria's southern oil region claimed it blew up another pipeline as a workers' strike Friday began hitting ExxonMobil's production in Africa´s biggest exporter.

VIDEO NEWS _ A senior U.S. energy regulator says uncertainty over carbon policy in the States will continue for years, but gas demand will grow.

NEW YORK _ Oil prices rose Tuesday to all-time highs above US$118 a barrel on concerns over supplies from some key producers.

VIDEO INTERVIEW _ Respected analyst Wilf Gobert disagrees with other leading observers on whether current high oil prices are justified. Find out why plus how long Gobert thinks the surge will last.

NEWS VIDEO _ A British company says its Proflux product is the answer for the heavy oil business.

U.S. prices moved over US$3.40 a gallon _ about 89 cents US a litre on Thursday, fulfilling expectations that they'll keep climbing toward US$4 a gallon as the summer driving season approaches.

NEW YORK _ Oil prices are surging to record highs as the weakening U.S. dollar drives investors to dump money into commodities.

NEW YORK _ Gas prices fluctuated over the weekend but appear poised to resume their relentless trek toward a record high milestone of $3.50 a gallon. Forecasts call for U.S. gasoline prices to peak as high as US$3.65 within a month.

VIDEO NEWS_BP and ConocoPhillips announce joint Denali Alaska Pipeline project to rival TransCanada's bid. Companies commit $600 million to initial three-year preparation phase, putting into question $500 million in state funding for rival AGIA bid.

VIDEO NEWS_Former Auditor General Peter Valentine releases his report on the accountability of the province's royalty regime, the province accepted his 13 recommendations. Watch the full press conference now.

TransCanada Corp.'s stock suffers a selloff on news the pipeline company is buying a New York power plant. The CEO and CFO try to sell the deal to investors.

Think you´re being gouged by Big Oil? U.S. troops in Iraq are paying almost as much as Americans back home, despite burning fuel at staggering rates in a war to stabilize a country known for its oil reserves.