High River Gold said on Friday it is trying to secure additional funds to meet its financial obligations as cash flow at the Canadian junior miner has been weakened by operational problems.

(Reuters) - Canadian miner Fronteer Development Group Inc said it plans to buy Aurora Energy Resources Inc , in a stock deal worth about C$110.3 million, as it looks to strengthen its cash position.

The average price for a gallon of gasoline in the United States fell 5 percent from two weeks earlier, hitting its lowest level since February 2004, according to the nationwide Lundberg survey released on Sunday.

CALGARY, Penn West Energy Trust , Canada's biggest conventional oil and gas income trust, said on Wednesday it plans big cuts to capital spending in the first half of 2009 to deal with weak commodity prices and still-high operating costs.

U.S. power company Constellation Energy Group Inc is leaning toward an agreement to sell one-half of its nuclear power business to Electricite de France SA, but still needs to obtain waivers of its bank covenants to seal the deal, according to a source familiar with the matter.

Connacher Oil and Gas Ltd said on Monday it will cut bitumen production at its Alberta oil sands project as prices sink below costs, the first Canadian producer to take such action in the wake of falling oil prices.

Energy services firm Hunting said on Monday it had completed the delayed sale of its Canadian oil and gas division for C$1.26 billions ($1 billion) and would step up its search for acquisitions with the proceeds.

(Reuters) - EnCana Corp , Canada's No. 1 oil and gas producer, cut its 2009 capital budget by 18 percent to about $6.1 billion as it looks to weather falling commodity prices and economic uncertainty.

Harry Winston Diamond Corp swung to a third-quarter profit on Wednesday, thanks in part to a big foreign exchange gain as the Canadian dollar weakened against its U.S. counterpart, but it said the weak economy is hurting its business.

Global miner Rio Tinto , saddled with nearly $40 billion in net debt, said it would cut 13 percent of its workforce, slash capital spending by more than half and sell more assets as it battles a collapse in commodity prices.

French power company EDF unveiled a plan to pay as much as $6.5 billion for 50 percent of Constellation Energy Group Inc's nuclear business and other assets in an attempt to torpedo a rival offer from investor Warren Buffett.

Suncor Energy Inc said on Monday its oil sands operation will run at reduced rates in December as it repairs a key processing unit at the sprawling northern Alberta facility that caught fire last week.

NRG Energy Inc rejected Exelon Corp's $6 billion-plus takeover bid for the second time on Monday, saying the offer was too low.

Oil rose towards $50 a barrel on Friday, rebounding from a three and half year low and buoyed by rallies in Europe and Asian equities on talk that China may cut interest rates later in the day.

General Motors dismissed a surprise overture for its cash-strapped German unit on Wednesday as calls mounted for European governments to come to the aid of automakers hit by the global financial crisis.

Producer prices posted a record decline in October as weak economic growth sent energy prices tumbling and chain store sales slipped, data on Tuesday showed, while home prices fell sharply in the third quarter.

CALGARY, Petro-Canada said on Monday it will delay a final go-ahead for the mining portion of its planned C$21 billion ($17 billion) Fort Hills project, looking to the weak economy and falling oil to lower overheated costs that have plagued rival oil sand ventures.

Oil rose near $56 a barrel on Tuesday, rebounding from a near 22-month low on stronger U.S. industrial output data, but fears that the global economic slump was further trimming fuel demand kept a lid on gains.

Constellation Energy on Thursday said third-quarter operating profit tumbled due to poor results from its merchant business, which was hit by poor results from its energy trading business.

U.S. retail gasoline prices declined in the latest week, the government reported on Monday, making prices at the pump on the eve of the presidential election the lowest since February 2007.

Oil drifted lower towards $67 a barrel on Monday as traders shifted their focus back to slowing global energy demand linked to the financial crisis.

Exxon Mobil Corp topped its own record for the biggest U.S. quarterly operating profit and Royal Dutch Shell Plc earnings beat market forecasts on Thursday, helped by high oil prices and fatter refinery margins.

Royal Dutch Shell Plc beat all forecasts with third-quarter current cost of supply (CCS) net profit up 71 percent at $10.9 billion, as high oil prices and asset sales outweighed a 7 percent drop in oil and gas production.

CALGARY, Suncor Energy Inc's chief executive insisted on Wednesday his company's Alberta oil sands business, which has been hit with mechanical problems this year, remains profitable as the world economic crisis pressures oil prices.

(Reuters) - Internet search and advertising leader Google Inc is increasingly looking at the energy sector as a potential business opportunity, the New York Times reported.

The average U.S. retail gasoline price fell 26 cents over the last week to $2.66 a gallon, the cheapest pump price since March 2007, the Energy Department said on Monday.

Investor fears that further possible coordinated action to calm markets will not be enough to fend off a global recession sent shares from London to Tokyo reeling on Monday, while the yen continued to surge.

An emergency OPEC meeting on Friday reached swift agreement to chop production by 1.5 million barrels per day (bpd) in an effort to halt a deep oil price slide.

ExxonMobil Chemical has announced that it has received a leading industry innovation award for its battery separator film technology.

ConocoPhillips , the third-largest U.S. oil company, said on Wednesday its quarterly earnings rose 41 percent on higher oil prices and topped Wall Street estimates even as storms in the Gulf of Mexico dented results in its refinery business.

Exelon Corp , the largest nuclear power operator in the United States, made an unsolicited offer to acquire NRG Energy Inc for $6.2 billion in stock, in a move to expand geographically and boost earnings and cash flow.

Oil priced at $80-$90 a barrel is more than enough for Venezuela, President Hugo Chavez said on Saturday, days before an emergency OPEC meeting where the group is set to agree to cut supply to stem crashing prices.

A tropical wave about 500 miles east-southeast of the southern Windward Islands had less than a 20 percent chance of developing over the next couple of days, the US National Hurricane Center said today, October 17.

Volatile fuel prices caused losses at Continental Airlines and its low-cost rival Southwest Airlines in the third quarter as airlines struggled to adjust to wild swings in the cost of oil.

BP have announced today, October 15, that it discovered oil at its Freedom Prospect in the deepwater Gulf of Mexico.

ExxonMobil Chemical has received a leading industry innovation award for its battery separator film technology.

Oil prices dropped more than 10 percent on Friday and touched 13-month lows in a global flight from risk amid concerns of a worldwide recession and further signs of slumping energy demand.

Oil pared losses on Friday after a fall of more than $7 to below $80 a barrel for the first time in a year, pummeled by expectations that fuel demand growth will shrivel if the credit crisis pushes the world into recession.

Chevron Corp expects upstream production earnings to fall from the previous quarter due to lower prices and hurricanes, but said its refining performance would be much stronger.

LAGOS/ANTALYA, OPEC may need to intervene to balance the oil market if prices fall further, Nigeria said on Wednesday, making it the latest country in the exporters' group to float the prospect of supply curbs.

Oil fell below US$90 a barrel on Monday to its lowest in eight months, pressured by expectations that the global credit crisis will bring a sharp fall in oil demand.

Billionaire investor Warren Buffett may face competition from EDF, the French electricity firm, in his aim to buy US nuclear group Constellation Energy.

Google has proposed its own solution to America's energy problem.

Veolia Environnement have announced today, October 1, that it has acquired the US company Ridgeline Energy, a specialist in the development of wind energy projects.

Groundbreaking, cheap solar energy storage systems could be available to the public within three years.

Renewable energy accounted for more than 10 percent of the domestically-produced energy used in the US in the first half of 2008, according to a report.

French nuclear operator Areva and US energy company Duke Energy Corp have today, September 25, announced the creation of a joint venture dedicated to the development of green biopower energy solutions for US customers.

Oil briefly rose above US$108 a barrel today, boosted by expectations of a sharp fall in US fuel stocks due partly to disruptions from Hurricane Ike.

A proposal that opens up new areas of the Outer Continental Shelf to oil drilling as part a stopgap government funding measure is being worked on by congressional democrats.

US Energy Corp have announced that its board of directors has approved an expanded stock buyback program.

Crude oil went up for a third day as turmoil in US financial markets enhanced the appeal of commodities as a safe haven.

The Bush administration was contemplating asking the International Energy Agency to release emergency gasoline and diesel fuel to the US after hurricanes pushed gasoline stocks to their lowest level on record.

Iberdrola has completed a friendly acquisition of Energy East, consolidating its ranking as 4th largest electricity company worldwide by market capitalisation.

Energy prices have continued to drop amid forecasts the crisis responsible for toppling Lehman Brothers will hold back demand for crude oil.

The American Physical Society (APS), representing 46,000 physicists in academia, industry and national laboratories, including nearly 60 Nobel Laureates, will release a major new energy study tomorrow (September 16).

US stocks have risen with investors snapping up energy shares trading at their cheapest level in 18 months.

OPEC, the 13-nation cartel of oil producing nations, has today, September 10th, announced plans to cut daily supplies by 520,000 barrels.