Fox BusinessFmr. Gulf Oil CEO: Oil to Reach $75 a Barrel by Year's EndFox BusinessRecently, oil has been trading above $50 a barrel on optimism that an OPEC production cut will reduce the global supply glut. Joe Petrowski, the former CEO of Gulf Oil an …

Company: Equipment Didn't Detect North Dakota Oil LeakABC NewsElectronic monitoring equipment failed to detect a pipeline rupture that spewed more than 176,000 gallons of crude oil into a North Dakota creek, the pipeline's operator said Monday. It& …

Financial TimesS&P 500 touches record high as crude prices jumpFinancial TimesEnergy stocks rose sharply on both sides of the Atlantic as oil prices leapt in response to news that Opec had won the backing of countries outside the oil cartel to particip …

Did Big Oil Layoff Too Many Workers Too Quickly?OilPrice.comWhat was once a mere warning to the oil industry has now become a reality: the severe cost cuts undertaken by virtually every oil and gas business in the world has created a serious workforce shor …

RTWeather Affects Oil Pipeline Spill Cleanup in North DakotaABC NewsA company with a history of oil field-related spills in North Dakota and Montana is being hampered by winter weather in its cleanup of a "significant" pipeline break that leaked …

CBC.caNew heating oil tanks regulations will cost homeowners about $600CBC.caPeople in Newfoundland and Labrador who use oil to heat their homes now have to adhere to new codes regarding their storage tanks. The new regulations came into effect Wednesday a …

ReutersGulf States Reach $18.7B Settlement With BP Over Oil SpillABC NewsOfficials in Florida, Alabama, Mississippi and Louisiana announced an $18.7 billion settlement with BP on Thursday that resolves years of litigation over the 2010 Gulf of Mexico oil s …