BloombergOil's $1 Trillion QuestionBloomberg“Aramco is by far the lowest-cost producer,” said Khalid al-Falih, the Saudi oil minister, at the Future Investment Initiative in Riyadh. The October gathering, dubbed “Davos in the desert,” brought together …

Seattle TimesOil company proposes Arctic drilling from artificial islandSeattle TimesThis undated illustration provided by Hilcorp Alaska Inc. shows a model of an artificial gravel island of the Liberty Project, a proposal to drill in Arctic waters from th …

Big Oil Refuses To Give Up On The Barents SeaOilPrice.com (blog)Encouraged by recently opened areas and potentially huge yet-to-be-discovered resources, oil companies launched a record exploration drilling campaign in Norway's Barents Sea this year. Bu …

MarketWatchThe world's largest oil trader sees Brent plunging to $45 in 2018MarketWatchBrent oil prices could tumble more than 20% by 2018, as U.S. output surges and adds renewed pressure on an oil market that is already battling with a persistent over …

TheStreet.comMajor Crude Oil Draw Sends Oil Prices HigherOilPrice.com (blog)A day after API's estimate of a 7.13-million-barrel draw in U.S. oil inventories led benchmark prices higher, the EIA added to bullishness by reporting inventory figures largel …

BloombergOil's Biggest Rigs Head to the Junkyard - BloombergBloombergTransocean Ltd. is finally sending Pathfinder to its grave, after two years in a Caribbean purgatory that cost about $15,000 a day. The move by the world's ...and more & …

BloombergOil's Biggest Rigs Head to the JunkyardBloombergAfter oil prices cratered in 2014, the company didn't send all of its unwanted rigs out to sea in the time-honored temporary holding pattern where engines keep running and a crew remains on b …

BloombergKey Risk to Saudi Post-Oil Plan? Higher Crude Prices, Fitch SaysBloombergThe world's biggest oil exporter is trying to reduce its dependence on oil revenue by implementing an economic and social reform plan called Vision 2030. Yet a surge in o …

Hoeven, industry want study of North Dakota oil potentialSeattle TimesBISMARCK, N.D. (AP) — North Dakota oil drillers and U.S. Sen. John Hoeven want federal geologists to reevaluate the amount of recoverable crude oil in the state, saying a new assessment …

CNBCVenezuela state oil firm's credit woes spread to US unit CitgoCNBCWashington's recent sanctions against Venezuelan state-run oil company PDVSA have started to ensnare its U.S. unit, Citgo Petroleum, making it harder for the refiner to obtain th …