Power producer TransAlta Corp.'s fourth-quarter profits tumbled nearly 74 per cent from a year ago due to unplanned outages and weaker pricing.

Oil giant Chevron and green energy startup Bridgelux have joined forces to bring a new generation of streetlights to cities in California, the companies said Thursday.

Lars Christian Bacher has been appointed executive vice president for Development and Production International in Statoil and will take up his new position as of 1 September.

Spain's Repsol energy company said Wednesday its fourth quarter profits fell around 29 percent largely due to reduced production because of the Libya war.

In this Feb. 24. 2012 photo, a man puts a gas nozzle into his vehicle to fuel up, in Philadelphia.

MOTORISTS stung by rising gas prices may be on their own in the short term, but it's vital that they learn how to cope - for the sake of their household budgets as well as the nation's fragile economic recovery.

Gas prices climbed higher Saturday, continuing to march ever-closer to the all-time average local high of $4.60 per gallon set in 2008.

Michael Morris prepares to put gas in his car Friday, Feb. 24, 2012 in Philadelphia.

Friday is the last day for Rep. Kristi Noem's spokesman Josh Shields. Shields has served as Noem's communications director since she was elected to Congress in 2010.

The politically volatile Keystone XL pipeline is becoming embroiled in a widening controversy in Texas as supporters tout the promise of jobs and other economic benefits while increasingly vocal opponents say the project would trample property rights and endanger water supplies in East Texas.

Oil tanker loads up at the Westridge Terminal in Burnaby at the end of Kinder Morgan's Trans Mountain pipeline.

U.S. engineering company URS Corp will buy Calgary-based Flint Energy Services for $1.25 billion in a deal that significantly expands the American firm's presence in the oilsands - and opens... In advance of a European Union vote on low-carbon fuel standards scheduled for Thursday, a group of Nobel Peace Prize winners, including Archbishop Desmond ... (more)