New Democratic Party MP Yvon Godin is calling on Irving Oil Ltd. to halt all construction work on its new corporate headquarters planned for the Saint John waterfront.

Offshore drilling contractor Atwood Oceanics Inc. reported its fiscal fourth-quarter earnings fell 35 percent drop as its revenue tumbled and companies in its industry faced weak energy markets.

The Toronto stock market closed lower Tuesday following a disappointing revision to recent U.S. economic growth figures and a tepid reading on consumer sentiment just before the start of the holiday shopping season.

State-owned explorer Oil and Natural Gas Corporation has embarked on a plan to strengthen its focus on exploration and production, especially in the western offshore.

The number of rigs actively exploring for oil and natural gas in the U.S. this week rose by 24 this week to 1,137. Houston-based Baker Hughes Inc.

EnCana Corp.'s plans to split itself into two separate companies received such overwhelming support from shareholders Wednesday that even the company's chief executive was caught a bit off guard.

SINGAPOR: China Petroleum & Chemical Corp., the nation's biggest oil refiner, and U.S. buyout firm TPG have weighed a bid for bankrupt chemicals company LyondellBasell Industries that could rival Reliance Industries offer of about $12 billion, Bloomberg reported.

BAGHDAD: Big Oil has led interest in Iraq's oil sector since it was thrown open to investment, but the country also promises to be lucrative for oil-service firms quietly fixing wells and pipelines in the background.

The Toronto stock market closed sharply higher Wednesday as oil and metal prices shot up and investors took in positive U.S. consumer and housing data.

A saboteur's bomb blast on Oct. 12, 2008, created a 1.8-metre-wide crater near an EnCana natural gas pipeline about 50 kilometres east of Dawson Creek in northern B.C. The Canadian Standards Association has published a blueprint to help oil and gas companies protect their pipelines from vandalism and sabotage a ' a need highlighted by recent bomb ...

The nation's largest funeral services company has resolved antitrust issues with the Nevada state attorney general and plans to proceed with the purchase of a large Las Vegas-area mortuary business, officials said Wednesday.

EnCana Corp.'s plans to split itself into two separate companies received such overwhelming support from shareholders Wednesday that even the company's chief executive was caught a bit off guard.

Some customers of Black Hills Power are expressing concern over a proposed 26.6 percent electric rate hike.

Woodside Petroleum chief executive Don Voelte says Australia's second-largest oil and gas producer isn't for sale, amid speculation of a possible takeover bid by BHP Billiton.

Interior Secretary Ken Salazar on Tuesday fired back at critics who claim he's not supportive enough of domestic energy production, saying their accusations have the same "poison and substance of election-year politics." Energy groups have said the current administration is focusing on clean energy sources to the detriment of fossil fuels.

Halliburton Co., which provides services for the energy industry, said Tuesday that reduced activity by major Mexican customer Petroleos Mexicanos - Pemex - will drag down fourth-quarter profit by 2 cents per share.

Teck Resources Ltd is comfortable with Suncor Energy Inca s decision not to fast track development at the planned Fort Hills oil sands project, Chief Executive Don Lindsay said on Tuesday.

Rockwell Collins Inc. has announced plans to acquire Texas company AR Group Inc.

Oil services company BJ Services Co. said Monday it posted a fiscal fourth-quarter loss as drilling plunged.

When it comes to global warming, California has started keeping score. The state Air Resources Board last week finished tallying and made public the list of the largest greenhouse gas emitters in the state, and two East Bay refineries sit atop the list.