Trinidad Drilling acquires CanElson to set stage for oil-price recoveryThe Globe and MailThe Calgary-based companies had previously cut staff and lowered salaries as their oil producer customers chopped spending, leaving more than half their drilling capac …

BBC NewsWhat will Opec do about the oil supply?BBC NewsWith oil prices down some 40% in a year, the oil ministers of the Organization of the Petroleum Exporting Countries (Opec) are once again getting together in Vienna this week to decide whether to cut o …

CNBC5 oil stocks to buy ahead of key dataCNBCU.S. benchmark West Texas Intermediate crude oil—battered to a 34 percent loss in the last year—settled up nearly 2 percent Tuesday at its highest level since December. Still, data in recent weeks suggest the oi …

Decline of North Sea Oil Fields Forces Political Shifts in BritainNew York TimesThe British government, which has long treated the oil industry as a cash cow, was forced to confront the threat to jobs and taxes during the run-up to last year's referend …

CBC.caOil Spill Blights California CoastlineNBCNews.comA 24-inch pipeline owned by Plains All American Pipeline ruptured along the scenic California coastline near Refugio State Beach on May 19 and spilled some 21,000 gallons of crude oil into the ocean an …

TIMEThe BP Oil Spill Killed a Lot of DolphinsTIMEThe explosion of BP's Deepwater Horizon oil rig in the Gulf of Mexico in 2010 had a deadly effect on at least one ocean dweller: bottlenose dolphins. A new study from the National Oceanic and Atmospheric …

CBC.caCalifornia oil spill cleanup starts following pipeline ruptureCBC.caMore than 22,700 litres of oil had been raked, skimmed and vacuumed from a spill that stretched across more than 14 kilometres of California coast in a cleanup effort that is now goi …

RT2004 Gulf of Mexico oil spill could leak another 100 years - reportRTAn oil leak that occurred when an offshore platform toppled during Hurricane Ivan in 2004 has continued to spill oil into the Gulf of Mexico – and could keep leaking for another 100 yea …

Financial TimesHedge funds loom large in oil price movesFinancial TimesIn an attempt to explain the conundrum, experienced traders are pointing at the influence of multibillion-dollar macro funds. While much of the increase in speculative demand has been d …

Wall Street JournalOil prices slips on dollar strengthMarketWatchA rising dollar DXY, +0.38% on Friday exerted downward pressure on oil. As it is priced in dollars, oil becomes more expensive to holders of other currencies as the greenback appreciates. The …