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Canada-US pipeline expansion approved
Friday, 12 March 2010 03:54
Canada's National Energy Board (NEB) has approved an application from TransCanada Corporation to construct and operate the Keystone XL Pipeline Project, an expansion of its Keystone pipeline to the US Gulf Coast.
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BP buys Devon assets for $7 billion
Thursday, 11 March 2010 03:38

Oil giant BP has announced it will pay Oklahoma firm Devon Energy $7 billion for its assets in a deal that will allow the UK firm to begin exploring off the coast of Brazil.

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Path clear for Boeing to win Air Force contract
Tuesday, 09 March 2010 04:20

Northrop Grumman and its European partner EADS have pulled out of bidding for a $50 billion US Air Force air-to-air refueling tanker contract.

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Chevron to streamline operations
Wednesday, 10 March 2010 04:19
Californian oil major Chevron has announced plans to streamline its operations worldwide, with an emphasis on its downstream operations in Europe, the Caribbean and Central America.
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Daylight acquires West Energy
Monday, 08 March 2010 04:13
Calgary-based Daylight Resources has announced it is buying West Energy for $570 million.
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