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BP (LSE:BP) is reportedly close to finalising a divestment deal which will confirm the energy giant’s exit from Canada’s oil sands industry. The multinational oil company is associated with three projects in Alberta, including a joint venture with Canadian energy firm Husky Energy (TSE:HSE) in the...

  French energy major Total (LSE:TTA) has commenced production at its Moho Nord deep-water project off the Congolese coast. The offshore prospect is located 75km off the port city of Pointe-Noire, and has a peak production capacity of 100,000 barrels per day, which will be harnessed using...