PETRO CANADA VAR PCZ (NYSE)

(TORONTO)Canada's booming oil sands industry showed more signs of cooling off Monday as crude prices continued their long plummet from record summer highs. Petro-Canada and its partners Tec...READ MORE

Stocks finish lower as recession worries deepen NEW YORK (AP)--Wall Street finished sharply lower Monday as investors pored over more signs of economic weakness, including a huge r...READ MORE

WHAT HAPPENED: Petro-Canada and its partners Teck Cominco Ltd. and UTS Energy Corp. became the latest companies to postpone expansion of an oil sands project by delaying a decision...READ MORE

(TORONTO)Canada's government said Thursday it will guarantee loans between banks, and its central bank said the country--the United States' largest trading partner--is on the brink of reces...READ MORE

(ANCHORAGE, Alaska)Five companies submitted winning bids of nearly $31 million to develop oil and gas tracts in the National Petroleum Reserve-Alaska. The bids were awarded during a Bureau of Land Ma...READ MORE

(St. JOHN'S, Newfoundland)Newfoundland's premier signed a final agreement to develop the Hebron offshore oil project on Wednesday, a deal that could provide $20 billion Canadian ($18.9 billion) in royalties...READ MORE

(TRIPOLI, Libya)A fire at major Libyan oil facility was sparked by an industrial accident, the nation's top oil official said Wednesday. The fire, which has now burned for two days, has been conta...READ MORE