MarketWatchWatch for oil to fall thanks to this star-crossed setupMarketWatchIt might seem like an unusually quiet stretch for markets, but there are always big selloffs or bull markets somewhere. So far this week, oil is among the real losers, and our cha …

ABC OnlineOil Search first-half profit tumbles 89pcABC OnlinePNG-focussed gas and oil producer Oil Search has seen its first-half profit crushed by falling oil prices, tumbling almost 90 per cent. Oil Search reported a profit of just $US25.6 million ($34 m …

Wall Street JournalLow Crude Prices Hammer Big Oil CompaniesWall Street JournalThe decline in Exxon's net income to $1.7 billion, compared with $4.19 billion in the same three-month period a year earlier, far exceeded the fall in oil prices, which were …

ReutersExxon snaps up InterOil in LNG push as Oil Search bows outReutersExxonMobil Corp (XOM.N) said on Thursday it would buy InterOil Corp (IOC.N) for more than $2.5 billion in stock, adding a gas field to expand exports from Papua New Guinea and better p …

MarketWatchOil prices cruise higher on a drawdown in US crude stocksMarketWatchOil prices extended the overnight gains in early Asia trade Thursday, thanks to the continuous drawdown in U.S. crude stocks, but the increase in gasoline stocks is keeping pric …

ABC OnlineInterOil takeover: Oil Search yields to ExxonMobil, will not make counter bidABC Online"For Oil Search shareholders, the successful takeover of InterOil by ExxonMobil will deliver a major part of our original objectives in the acquisition of …

BloombergExxon in Catbird's Seat for InterOil as Oil Search Drops OutBloombergOil Search and Total had offered to buy InterOil in May in a deal that valued the company at $2.2 billion. The two companies agreed to terminate their joint effort if InterOi …

BloombergExxon Grabs Reins in InterOil Hunt as Rivals Bow Out of DealBloombergExxon Mobil Corp. is the leader in the clubhouse to buy Papua New Guinea-focused gas explorer InterOil Corp. after Oil Search Ltd. declined to submit a counteroffer. Oil Search a …

ReutersOil Search bows to ExxonMobil in battle for InterOilReutersThe move could lead ExxonMobil and French giant Total SA to tie together their competing gas interests in the South Pacific nation, cooperating to reduce costs as they battle cheap oil and l …

BloombergOil Search Won't Counter Exxon Bid for Gas Explorer InterOilBloombergOil Search and Total had offered to buy InterOil in May in a deal that valued the company at $2.2 billion. Exxon topped it July 18 with a $2.5 billion offer. Oil Search and T …