Wall Street JournalLibya's State Oil Company Acts to Block Rival's Crude LoadingWall Street JournalThe Tripoli-based National Oil Co. said late Friday that it had taken action to block the first export of crude oil by a rival company in Libya's …
NPRMysterious Death Uncovers Risk In Federal Oil Field RulesNPROn a cold night in January 2012, Dustin Bergsing climbed on top of a crude oil storage tank in North Dakota's Bakken oilfield. His job was to open the hatch on top and drop a rope inside to …
Wall Street JournalWhere Oil Workers Have Job Security: ChinaWall Street JournalBEIJING—High on the Chinese government's priority list is building leaner, more competitive state companies. But the dismal earnings reported by national oil giants in rece …
Wall Street JournalSasol Boosts Cost Savings as Oil Price Hits ProfitWall Street JournalJOHANNESBURG—South African petrochemical and energy major Sasol Ltd. reported a deep drop in net profit for the six months ended Dec. 31, in line with expectations amid …
Wall Street JournalBASF's Fourth-Quarter Earnings Squeezed by Low Oil PriceWall Street JournalLow global oil and gas prices dragged down earnings at BASF's wholly-owned oil and gas subsidiary, Wintershall AG, and lower margins in the petrochemicals …
BASF Earnings Squeezed by Low Oil PriceWall Street JournalLUDWIGSHAFEN, Germany—German chemicals company BASF SE posted a 76% decline in fourth-quarter net profit, squeezed by low earnings at its oil and gas and basic chemicals divisions, and said it expec …
Financial TimesOil bulls' misplaced optimismFinancial TimesIf BP boss Bob Dudley is right the oil market could start to rebalance in the next six months as demand “converges” with supply, paving the way for a recovery in prices to $50 to $60 a barrel b …
Shell Profit Battered by Weak Oil PricesWall Street JournalLONDON—Royal Dutch Shell PLC on Thursday announced a near 60% slump in fourth-quarter profit, as plunging oil prices buffeted the company's earnings. The Anglo-Dutch oil company's fourth-qu …
France's Vallourec Axes Jobs, Seeks Capital Amid Oil SlumpWall Street JournalPARIS—France's Vallourec SA, a maker of high-strength steel for the oil sector, is to raise €1 billion ($1.08 billion), suspend its dividend, and ax more than 2,500 jobs, …
BloombergLook for oil prices to spike if hostility between Iran and Saudi Arabia gets worseQuartzIf friction between Saudi Arabia and Iran persists, in addition to attacks on targets such as embassies, look for oil's first move of the new year to be a …