Despite drastically reduced commodity prices, a changing political climate, and the inability to access new markets for Canadian oil products Canada's oil and energy sector remains positive about its global position as it adapts to new market realities that depend on collaboration between industry,...

The history of the oil industry is a tale of boom and bust cycles. But when oil climbed to $50 per barrel for the first time since last fall, it may have signaled the end of one of most protracted slumps American producers have seen, says Dan K. Eberhart, CEO, Canary LLC.

Baker Hughes Inc. has made changes to its organizational structure and senior leadership team. The changes follow the company’s May 2 announcement of to simplify its business structure, reducing costs and enhancing its commercial strategy.

Exxon Mobil Corp. (NYSE:XOM) shareholders elected Angela Braly to the company’s board of directors.

Parsley Energy Inc.has agreed to acquire mineral rights under approximately 30,000 acres consisting of Parsley leasehold and other adjacent properties in Pecos and Reeves Counties, Texas in the Southern Delaware Basin for $280.5 million in cash.

James (Jim) B. Hruzek, CPA has joined GBH CPAs PC as a shareholder leading the firm's corporate and partnership tax practice in the energy and international sectors.

Post Oak Energy Capital LP has closed its third fund, Post Oak Energy Partners III, LP at its hard cap of $600 million.

LINN Energy LLC and LinnCo LLC have been delisted from The NASDAQ Stock Market.

BlueJack Energy Solutions LLC has secured an initial equity commitment of up to $100 million from Energy Spectrum Capital through Energy Spectrum Partners VII LP.