New York PostWhat's the actual value of oil?New York PostYou don't need an MBA to see that oil can't lift its head and have a solid rally for even a week or two. In fact, at $34.55 per barrel, oil is approaching decade-old lows, surpassing even …

WIAT 42Alabama Plans Beach Hotel, Improvements With Oil Spill FundsABC NewsOver 10 years ago, Hurricane Ivan knocked down a 1970s-era state park lodge at the site, and Alabama has not had the money to rebuild it— at least not until now. Alabama is moving f …

Russian Oil Tanker Grounded in North PacificABC NewsRussian emergency services say cleanup operations are underway after an oil tanker was grounded, damaging one of its fuel tanks. The tanker Nadezhda hit a reef during a storm on Saturday near the port cit …

Maersk Oil buys stakes in Kenya, Ethiopia licencesMarketWatchMaersk Oil has agreed to buy half of Africa Oil Corporation's shares in three onshore exploration licenses in Kenya and a further two in Ethiopia for a fee that could rise to $845 million, it …

The Coloradoan2014 Colorado oil deaths greater than previously calculatedThe ColoradoanFORT COLLINS, Colo. (AP) — A new federal database that was developed to more precisely count the number of deaths in the oil and gas industry shows eight workers died in …

Wall Street JournalI Was an Oil Spill ScapegoatWall Street JournalLost in the aftermath of recriminations and lawsuits is the fact that the team charged with stopping the biggest offshore oil disaster in history did its job as fast and effectively as it kn …

The Straits TimesSEC to start certifying palm oil products from FebThe Straits TimesThe Singapore Environment Council (SEC) is expected to start certifying palm oil-based products in February next year. In response to queries from The Straits Times, SEC ex …

NOLA.comBP Drops Effort to Retrieve Gulf Oil Spill Business PayoutsABC NewsEnergy giant BP is ending its effort to recoup money it paid in economic damage claims to businesses and individuals under a settlement arising from the 2010 Gulf of Mexico oil spil …

KERO 23ABC NewsGM Recalling 1.4M Cars; Oil Leaks Can Cause Engine FiresABC NewsFor the third time in seven years, General Motors is recalling cars that can leak oil and catch fire, in some instances damaging garages and homes. The recall, which covers 1.4 …

Lawsuit Wants Plans Mandated for Dealing With Big Oil SpillsABC NewsThe suit filed Thursday by the National Wildlife Federation says the federal Oil Pollution Act prohibits operators from handling, storing or transporting oil until their spill response pla …