crude oil

Blow for oil groups over Canada pipe plan

British Columbia’s environment minister said questions about the proposed Northern Gateway pipeline ‘were not satisfactorily answered’ in panel hearings

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Statoil hit by low output and weak prices

Norwegian oil and gas group blames ‘quarter-specific’ issues including terrorist attack in Algeria for results that came in below forecasts

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BP delays Algeria projects as security, terms deter investors

LONDON, May 2 (Reuters) – BP is delaying two major Algerian gas projects as foreign energy firms seek security guarantees after a deadly Islamist attack, and press the government to soften its investment terms.

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