Kirloskar Oil Engines aims to double its overseas presenceThe HinduPune -based Kirloskar Oil Engines Ltd., (KOEL), the flagship company of the Kirloskar group, has drawn up plans to become an international company through its products and after sales servi …

NewsweekQuora Question: What Are Arguments in Favor of the Dakota Oil Pipeline?NewsweekAccording to data published by the Energy Information Administration (EIA) for June 2016; crude oil moved by rail within the PADD 2 region where Bakken oil is produced w …

Oil Majors See Reserves Evaporate: Write Downs ContinueOilPrice.comIn its third-quarter report, Exxon warned it might have to write off 4.6 million barrels of oil and oil equivalent from its proved reserves if international prices remain at the current lev …

BloombergGlut Fears Spike As Europe Runs Out Of On-Land Oil StorageOilPrice.comOil has been called names (“dirty fossil fuel!”). The cartels use it as a weapon to thwart their rivals. ISIS steals it and pimps it out on some sketchy black market. Swaths of …

CNBCCramer's 'best growth' oil play to benefit from Trump deregulationCNBCWith Donald Trump's election into the White House, Jim Cramer is on the hunt for money managers' plays under the new leadership. He has his eye on the oil patch. …

Where Will Oil Prices Go After Algiers?OilPrice.comSaudi Arabia and Iran may yet come to terms on some sort of production arrangement, but the outcome of the negotiations in Algeria this week may not do much to rescue oil prices. Following the media specta …

Oil Under Pressure As Shell Lifts Force Majeure On Nigerian ExportsOilPrice.comThe Nembe Creek Trunk Line was repaired and reopened, allowing Shell to resume exports of its oil, nearly a month after declaring force majeure. Nembe Creek is one of a handful …

CNBCEOG inks $2.5 billion deal in shift to low-cost Permian oil fieldCNBCEOG Resources said on Tuesday it would buy privately held Yates Petroleum for $2.5 billion in stock and cash, in the latest move by a U.S. energy company to acquire acreage in the Per …

BBC NewsOil tanker 'hijacked off Malaysia'BBC NewsA Malaysian oil tanker carrying 900,000 litres of diesel has been hijacked and taken to Indonesian waters, Malaysian maritime officials say. The Malaysian Maritime Enforcement Agency (MMEA) said the …

SeekerScientists explore oil clean-up properties of aquatic fernsPhys.OrgCertain varieties of aquatic floating weeds demonstrate an impressive ability to selectively absorb oil from contaminated water. These plants, which are often regarded as a nuisance, …