EcoWatchPortland City Council Passes Strong Resolution Opposing Oil TrainsEcoWatchLast night, the Portland City Council approved a resolution opposing projects that would increase oil train traffic through the Columbia River Gorge and the Portland metro ar …

Saudi Arabia fights for European oil marketFinancial TimesSaudi Arabia's state oil company has cut its official selling prices to Europe, as the world's largest exporter of crude attempts to retain its share of an oversupplied market. The de facto …

Chron.com (blog)Apache posts multibillion-dollar loss as oil production slipsChron.com (blog)HOUSTON — Apache Corp. posted a $5.66 billion loss on Thursday, taking charges for asset write-offs and other items as it was hit by both low crude prices and slid …

Wall Street JournalAmec Becomes Latest Oil-Field Services Firm Hit by Falling Crude PricesWall Street JournalOil-field service companies like Amec have suffered the most from the drop in global oil prices to below $50 a barrel, from a peak of over $100 a b …

Financial TimesAnother oil firm cuts costs...and halves dividendCNBCBritish oil and gas services company Amec Foster Wheeler Plc raised its cost-savings target for the year and cut its dividend in half, pressured by the slump in oil prices. Ian McHoul, the …

Telegraph.co.ukQuestor share tip: Avoid Oil services until prices fully recoverTelegraph.co.ukIT IS 40 years since the first North Sea oil reached the shores of Scotland. Since then the UK oil services and engineering industry has flourished creating thous …

TIME5 Reasons Why Oil Prices Spiked Higher This WeekMotley FoolEnergy company executives and their investors breathed a sigh of relief this week as oil prices spiked higher. Prior to Friday's trading session, oil prices had risen six straight trading d …

Wall Street JournalWestern Oil Executives Circle IranWall Street JournalVIENNA—International sanctions have yet to be lifted on Iran, but Western oil executives this past week showed an appetite for doing business there at a stately hotel a few blocks from …

Vancouver SunEngineering firm AMEC searched in Mount Polley mine spill probeThe Globe and MailEngineering firm AMEC says one of its offices was served with a search warrant as part of the investigation into the Mount Polley mine spill. Lauren Gallagher, a …