BloombergTotal Says Oil Market Imbalance Fading as Upstream Profit JumpsBloombergEarnings benefited from a 14 percent gain in benchmark Brent crude to $52.10 a barrel, plus oil and gas production that rose 6 percent to 2.58 million barrels of oil equivalen …

CNBCOil Patch Gets Frugal as Investors Urge Profits Over BoomBloombergThe evidence is stacking up: The latest rig count showed the biggest one-week drop in the Permian Basin in 19 months, while Schlumberger Ltd. and Baker Hughes, the two largest oil servic …

The IndependentSan Francisco sues Big Oil for billions over climate change claiming they knew the dangers for decadesThe IndependentThe US cities of San Francisco and Oakland are suing five of the world's largest oil companies for the coasts of walls a …

Houston ChronicleOil industry continues to recover, but focused on TexasHouston ChronicleExxon Mobil and Chevron said Friday that they plan to bring more drilling rigs to the increasingly crowded Permian Basin, heaping praise on the 75,000 square miles tee …

CNBCShale oil players are cutting spending on drilling, and investors could reward themCNBCShale oil drillers have seen the writing on the wall, and it says: "Slow down." As the energy sector begins reporting earnings, independent oil companies a …

Bangladesh opts for less long-term Qatari LNG in favour of spot supplyHellenic Shipping News WorldwideBangladesh is close to signing a twice-delayed long-term liquefied natural gas (LNG) supply contract with Qatar but it will take less gas than initially p …

Flogas og Stolt-Nielsen samarbeider om LNGSkipsrevyenFlogas Britain og Stolt-Nielsen LNG har inngått et samarbeid for distribusjon av LNG til til områder i Skottland og Nord-England. Prosjektet tar sikte på å gi akvakultur- og fiskeforedlingssektoren flere …

KTOOFacing global gas glut, ConocoPhillips to mothball Kenai LNG plantKTOOThe Kenai LNG facility is up against a world market that's awash in natural gas. “Most people are fairly aware of the fact that worldwide the price of oil and gas has been low,” …

ReutersConocoPhillips to lay off 300 in Canada oil sands pullbackReutersNorwegian oil company Statoil ASA (STL.OL), which late last year agreed to sell Canadian oil sands assets to local producer Athabasca Oil Corp (ATH.TO), has also shed staff, a spokesma …

Canadian oil sands down in corporate reservesThe Globe and MailThe report's examination of reserves – by which companies estimate how much economically producible oil they have – looked at BP PLC, CNOOC Ltd., ConocoPhillips Co., Devon Energy Corp., Exx …