Hard times for Aberdeen as oil price slump hits homeIrish TimesAlthough production remains high, exploration drilling is at levels last seen in the 1960s, before the North Sea was a major oil producer. Now “efficiency” is the watchword. Operating costs hav …

ReutersIraq army captures Qayyara oil region from IS, Abadi saysReutersBAGHDAD The Iraqi army has dislodged Islamic State from the Qayyara oil producing region located south of their de facto capital Mosul, Prime Minister Haider al-Abadi said on Thursday. …

ReutersIslamic State's oil revenue dives as it loses Iraqi territoryReutersBAGHDAD Islamic State, pushed off more than half the Iraqi territory it seized in 2014, has suffered a near collapse in revenue from oil smuggling, officials say, forcing it to …

NEWS.com.auOil boosts dollar ahead of UK voteNEWS.com.auBBH currency strategists said oil snapped a six-session fall before the weekend to surge by 4.2 per cent. Prices are still up almost two per cent, which is helping the Aussie. “The Australian dollar w …

Libyan unity government condemns attack near eastern oil terminalsReutersThe fighting near Ajdabiya, close to three oil terminals and north of major oil fields, risks opening a new front in the conflict between forces that backed competing governments set …

ReutersNigeria's Buhari cancels visit to restive, oil-producing Niger DeltaReutersVice President Yemi Osinbajo visited the restive region in Buhari's place to launch a cleanup program in an area badly hit by oil spills, and said the government was …

Business Insider UKThis one major sector is cashing in on low oil pricesBusiness Insider UKTony Tyler, IATA's Director General and CEO, suggested that the industry was aware the good times may not last as far is oil was concerned: "Lower oil price …

ReutersNigeria's Buhari cancels visit to oil-producing Niger Delta-government sourceReutersHours after the announcement of Buhari's visit to the swamps on Tuesday the Niger Delta Avengers militant group, which has claimed several attacks on Chevron …

ReutersLibyan security forces pushing Islamic State back from vicinity of oil terminalsReutersOn Tuesday it announced an operations room to run the campaign against Islamic State on the coastal stretch between the eastern town of Ajdabiya and Sirte, which …

ForexLiveLibyan oil guard says captures coastal town from Islamic State after clashesReutersThe PFG is a paramilitary force of several thousand men that was set up to protect oil installations in eastern Libya but has acted independently and been split by …