gulfnews.comAbu Dhabi Oil Company Consolidates Offshore OperationsOilPrice.comThe Abu Dhabi National Oil Co said it would consolidate two of its offshore divisions in a bid to become “more agile” amid the current oil price environment. The two companies – …

CNBCOil and gas drillers have a test coming up that will decide bankruptcy for someCNBCBorrowers in the oil patch expect to see their borrowing ability slashed more than actual lending institutions do, a new survey from law firm Haynes and Boone indicates. …

CNBCOil bankruptcies: There are 100 down, maybe 100 more to goCNBCThe crude oil glut has persisted longer than many thought, and the prolonged oversupply has kept prices stuck in the $40 to $50 range for much of the year. U.S.-traded West Texas Intermediat …

Oil futures rally on report of OPEC output-cap agreementMarketWatchOil futures rallied to new session highs on Wednesday after Reuters reported that the Organization of the Petroleum Exporting Countries has reached a deal to limit crude production. The new …

Will Oil Forever Divide Iraq?OilPrice.comThe lack of legitimacy of the political power in Baghdad and the gross mismanagement of the economy, land and oil rents has made it inevitable that a variety of groups within Iraq are seeking devolution of political …

MarketWatchUS stocks end lower as oil slides, but post weekly gains - MarketWatchMarketWatchU.S. stocks closed lower Friday, with investor sentiment hit by a renewed slide in crude-oil prices. The main indexes still posted healthy weekly gains, however.US …

CNBCHigher oil prices actually pose a hidden threat to bankrupt drillersCNBCThroughout the rout in oil prices, senior lenders have largely been able to dictate the terms of energy bankruptcy proceedings as drillers' assets have fallen in value. But whe …

Financial TimesWall Street retreats despite oil rallyFinancial TimesNeither a rally for oil prices, which took Brent crude back within sight of the $50 a barrel mark, nor some broadly encouraging US economic data could stir equity bulls from their seasonal …

Wall Street JournalBanks Have Had Enough of Oil's Wild RideWall Street JournalWhen oil fell below $30 a barrel earlier this year, banks turned away from lending to energy companies. The price of crude has bounced back nearly 80% from its February low, …

CBC.caInsolvency filings spike in oil-producing provinces, federal data showCBC.caBy Garrett Barry, CBC News Posted: Jul 08, 2016 2:01 PM NT Last Updated: Jul 08, 2016 2:01 PM NT. The drop in the oil and gas sector has placed a heavy burden on consumers in …