When oil is no longer in demandThe EconomistSTEWART SPENCE WAS a young hotelier in Aberdeen in 1971 when he first realised what an oil rush meant. His hotel, the Commodore, was the only one in the Scottish city with en-suite bathrooms. One day an American …

Investing.comOil prices edge higher in holiday-thinned tradeInvesting.comInvesting.com - Oil prices edged higher on Thursday as uncertainty over a planned OPEC-led output cut and thin liquidity due to the U.S. Thanksgiving holiday weighed. U.S. crude was a …

RTWhat happens to oil if Trump tears up Iran nuclear dealRTFrom Iran's perspective, the deal also paved the way for a return to international markets, and allowed them to ramp up oil production and exports. All told, Iranian oil exports had dropped fro …

Oil and gas revenue to rise, predicts OBRBBC NewsRevenue from oil and gas tax is expected to rise over the next four years, according to the Office for Budget Responsibility. Documents published with the Autumn Statement forecast a rise in the price of bot …

ReutersRisking flames and mines, Iraq oil workers battle to cap burning wellsReutersQayyara's burning oil fields vividly depict the destruction the group wrought on northern Iraq, as Iraqi forces backed by a U.S.-led coalition battle to drive the jihad …

BloombergWhat Will Lift the World Economy? Goldman Says Higher Oil PricesBloombergHigher oil prices would be a boon for the global economy, according to Goldman Sachs Group Inc. Pricey crude means economies such as Saudi Arabia take in more money than they …

UPI.comMore oil coming from the North SeaUPI.com21 (UPI) -- British energy company EnQuest said Monday it delivered its first batch of oil from a North Sea field that could hold more than 10 million barrels of oil. EnQuest announced delivery from the Scolt …

UPI.comDONG Energy charts course out of oil and gasUPI.com8 (UPI) -- Danish energy group DONG Energy said that after gaining success from its renewable energy portfolio, it was leaving the oil and natural gas business behind. The company said in an interim …

UPI.comBritish oil and gas sector pleads for helpUPI.comLast than two months ago, Oil & Gas U.K. said the British oil and gas industry has been resilient in the era of lower crude oil prices. Costs have declined by up to 50 percent, while output since …

UPI.comStatoil moving quick on new oil field developmentUPI.com4 (UPI) -- Two engineering companies servicing the oil and gas sector said they were awarded contracts to help develop a Norwegian oil field with energy major Statoil. An alliance between FMC T …