PetroChina to buy JV stake in Encana for $2.2bn
China major takes another bite out of Canada's oil patch.
China major takes another bite out of Canada's oil patch.
Lukoil has pulled out of plans to develop Quarna-1, while Israeli court says 'yes' to Meged drilling and Egyptian blocs put up for auction.
A drill ship has run aground on the Alaskan coast while under tow from Alaska to Seattle
Canada's largest shale oil deal still has a long way to go before completion, despite government approval.
Pressure for new regulation to open crude markets to overseas investors
China's new tax regulations could threaten the domestic LPG market.
One joint venture ends but another begins for Sino-US carmakers
Canada has give go-ahead tothe CNOOC-Nexen deal, but claims it will be the last foreign energy takeover
New Brazil oil legislation faces challenges from a number of states and could be vetoed by the President
The International Energy Agency (IEA) is urging Australia to build up emergency oil supplies.