Wall Street JournalCuts Loom as Oil Nears $25Wall Street JournalAs crude prices slide toward $25 a barrel, many oil companies have little choice but to start making the steep cost cuts they have avoided up until now, jettisoning every well that can't b …

New Lender Worry: Oil Firms Max Out Credit LinesWall Street JournalStruggling oil and gas companies are maxing out revolving credit lines typically used to cover short-term funding gaps, raising fresh concerns about banks' exposure to the decline in en …

NOLA.comMarrero oil recycler Vertex draws opposition from politiciansNOLA.comThe political debate over a Marrero oil recycling center erupted again Thursday (Feb. 11), as West Bank officials joined with New Orleans City Council members to speak out against …

CNNMoneyWhy people are freaking out about cheap oilCNNMoneyOil companies are dying: The U.S. energy boom was fueled by expensive drilling technology that was designed for far higher oil prices and paid for with lots of debt. Those loans are now much harder …

CNNMoneyWhy you should worry about cheap oilCNNMoneyBut cheap oil is also causing mayhem in global stock markets. The Dow is off to its worst start to a year ever. The financial headlines at the start of 2016 are downright scary. With that backdrop, any eu …

Financial TimesOil price tumble hits jobs and capital expenditureFinancial TimesOil prices tumbled to within a whisker of $30 a barrel on Tuesday, extending a savage new year sell-off as BP axed thousands of jobs and Brazil's Petrobras cut tens of bill …

Wall Street JournalOil Plunge Sparks Bankruptcy ConcernsWall Street JournalCrude-oil prices plunged more than 5% on Monday to trade near $30 a barrel, making the specter of bankruptcy ever more likely for a significant chunk of the U.S. oil industry. Three …

BBC NewsOil and gas production rises for first time in 15 yearsBBC NewsThe chief executive of Oil & Gas UK has welcomed the first increase in production on the UK continental shelf for over 15 years. Deirdre Michie, however, has warned the industry wil …

Breitbart NewsSaudi Arabia Pumps Oil Before Iran Sanctions LiftedBreitbart NewsFearing a flood of crude oil when the Iran sanctions are lifted in the next few months, Saudi Arabia is pumping an extra 1.5 million barrels a day and signing long-term export c …

CNBCMagnum Hunter latest oil producer to seek bankruptcyCNBCOil and gas producer Magnum Hunter Resources and its affiliates filed for Chapter 11 bankruptcy protection on Tuesday to carry out a debt-cutting plan as a prolonged slump in oil prices has deplet …