The GuardianCall to halt Great Australian Bight oil drilling amid faulty equipment fearsThe GuardianHydraulic connector flange/fasteners showing failures and first engaged threads. Since 2003 enormous bolts that secure offshore oil equipment to the seafloo …

The GuardianCall to halt Great Australian Bight oil drilling amid faulty equipment ...The GuardianHydraulic connector flange/fasteners showing failures and first engaged threads. Since 2003 enormous bolts that secure offshore oil equipment to the seafloor, …

ForbesWhy OPEC Will Put The Brakes On At $60 OilOilPrice.comRecently renewed talks of a production freeze among OPEC and some non-OPEC producers including Russia have helped to bolster the price of oil in recent weeks, but the organization may not try to r …

MarketWatchOil settles above $46 for the first time in nearly six monthsMarketWatchOil futures settled above $46 a barrel Thursday, as seven straight weeks of declines in U.S. crude production as well as weakness in the dollar helped lift prices to their b …

Financial TimesLibya regime's oil group defiant after UN oil banFinancial TimesEastern Libya's self-declared National Oil Company has vowed to sell crude in defiance of the UN, which on Wednesday blacklisted a tanker bound for Malta. The Indian-fla …

The GuardianAssessment of BP's Bight oil drill plan secretive and weak, Senate toldThe GuardianRisky deepwater drilling for oil in the Great Australian Bight is being assessed under a weak and secretive regulatory regime, the Senate has heard. Senators …

MarketWatchLooking for bottoms in oil prices and the stock market? Keep lookingMarketWatchTypically, the stock market and crude oil don't exactly dance to the same beat. Logic would point to falling fuel prices = lower costs = improving profit. Stocks …

The GuardianSenate to examine BP's plans to drill for oil in Great Australian BightThe GuardianA Senate inquiry will investigate BP's plans to drill for oil in the Great Australian Bight and examine how a spill could be dealt with. The company' …

The GuardianBP's plans to drill for oil in the Great Australian Bight knocked backThe GuardianOil giant BP's application to drill in the Great Australian Bight has been rejected after it fell short of environmental standards. The National Offshore …

Wall Street Journal (blog)Oil Patch Braces for Financial Reckoning — Energy JournalWall Street Journal (blog)The borrowing party is about to end for smaller and more debt-laden oil producers, Daniel Gilbert, Erin Ailworth and Alison Sider report. Drillers …