WIREDPhoto of the Week: The Raging Inferno of Iraq's Oil FieldsWIREDAs Iraqi and Kurdish forces join US allies taking back Mosul, retreating Islamic State forces are setting fire to oil fields and other chemical facilities, burning some 5,000 barrels d …

Science DailySurfaces Repel Water in Oil and Oil in WaterScience DailyResearchers of Aalto University have developed new surface materials that are extremely difficult to wet both by water and oil. Because they don't need isolating air to stay trapped …

Financial TimesExxonMobil on course to cut reported proved oil reserves by 19%Financial TimesIn a statement in its third-quarter earnings release, the company said that if the low crude prices in 2016 persisted until the end of the year, then it would have …

Wall Street JournalChina's Oil Giants Shrink Their SpendingWall Street JournalBEIJING—China's once-freewheeling oil giants are singing a new tune: They'd rather sit on stockpiles of cash than produce more energy. As the commodities slump stretc …

CNBCChina strengthens hold over oil market as price-makerCNBCChina's growing ability to buy and sell millions of barrels of crude oil on the Asian physical market in a matter of minutes through its main trading firms has given China so much clout that …

Wall Street JournalChina Oil Industry, Experts Resist Proposal to Merge CompaniesWall Street JournalBEIJING—A proposal that would combine China's already massive energy companies into even larger entities is facing resistance from officials in the oil …

CNBCBP first-quarter profit falls 20% as crude oil price plungesFinancial TimesBP suffered a sharp slide in first-quarter profits, hit by the plunge in crude prices that has battered revenues across the oil industry. The UK-based energy company on Tuesday …

Stuff.co.nzOil washes up in Tauranga estuaryStuff.co.nzHeavy fuel oil spilled from a ship bunkering at the Port of Tauranga has washed up along the shores of the city's inner waterways - leaving a "boiling black mess". At least one bird had b …

Wall Street JournalOil-Industry Debt Mounts UpWall Street JournalSINGAPORE—Oil and gas companies are continuing to pile up debt, a trend some warn could extend the slump in energy prices and hit economies reliant on the sector for growth and tax revenue. B …

After fiery West Virginia train derailment, is oil by rail safe? (+video)Christian Science MonitorMonday's derailment in West Virginia is the latest in a string of oil train mishaps that have resulted in explosions and sometimes fatalities. US shipment …