Sydney Morning HeraldBHP posts $US4.9 billion oil and gas impairmentSydney Morning Herald"Although we expect prices to improve from their current lows, we have reduced our oil price assumptions for the short to medium term. Our long-term price assumpt …

CNBCOil credit crunch may be worse than housing crisisCNBCOil and gas companies borrowed heavily when oil prices were soaring above $70 a barrel. But in the past 24 months, they've seen their values and cash flows erode ferociously as oil prices plunge …

CNBCKilduff: Time for an oil-industry bailout?CNBCIt is only in the past several years that the United States, along with Canada, has been able to achieve a semblance of North American energy independence. United States crude oil-production soared to as mu …

CNBCHoping for a Price Surge, Oil Companies Keep Wells in ReserveCNBCTheir well, one of hundreds drilled by Anadarko Petroleum in eastern Colorado's Wattenberg field this year, could someday gush as many as 800 barrels of crude oil a day. But Anadarko …

CNBCEnergy mergers: The year that wasn'tCNBCLow oil prices have forced U.S. drillers to make tough decisions on capital spending and staffing, but when it comes to mergers and acquisitions, the industry has remained stuck in wait-and-see mode. Dealmaki …

CNBCDon't hold your breath waiting for energy mergersCNBCLow oil prices have forced U.S. drillers to make tough decisions on capital spending and staffing, but when it comes to mergers and acquisitions, the industry has remained stuck in wait-and-see m …

CNBCLower oil prices may cut into skilled energy jobsCNBCThe threat of layoffs comes on top of another labor issue for oil companies—highly-skilled, older workers nearing retirement—the so-called "great crew change." Other industry watchers point …

CNBCGoldman: Oil prices must 'stay low for longer'CNBCDeclines in U.S. oil inventories and capex may boost prices modestly in the near term, but production growth will remain too strong for substantial gains, Goldman Sachs said. "While the dec …

CNBCThe other biggest loser in oil's slide: AngolaCNBCPlunging oil prices have been an economic windfall for U.S. consumers, primarily through greater savings at the pump. In energy-reliant countries around the world like Angola, however, the effect ha …

VoxOil prices crashed, but US output is still rising. How long can that last?VoxWhen oil prices were soaring during the mid-2000s, energy companies found it highly profitable to use fracking, horizontal drilling, and other techniques to extract oil from sh …