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price of oil News

Oilsands shutdown spurs fear and uncertainty for Canada's economy

Calgary - Alberta's hard-hit economy has been dealt another blow as uncontrollable wildfires continue to rage around the province's oilsands, forcing the oil industry to curtail production.

Tear gas and arrests: Birth of a Ugandan civil rights movement? Special

Kampala - Ugandan opposition leader Dr. Kizza Besigye was arrested while walking to work in Kampala, Uganda's capitol, on Monday morning, as part of a Walk to Work protest of the rising cost of fuel and consequent rise in the cost of living.

Research group: The world can free itself from oil in 25 years

In a recent report, the respected Institute for Policy Research and Development (IPRD) concluded that the world can avoid the growing energy crisis and runaway climate change and transition fully to renewable energy in 25 years, if only we have the will.

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