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
One joint venture ends but another begins for Sino-US carmakers
China's new tax regulations could threaten the domestic LPG market.
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.