Nieman Journalism Lab at HarvardAs oil prices sag, nonprofit news orgs are tightening their belts and watching their budgetsNieman Journalism Lab at Harvard“The first thing I do in the morning before I brush my teeth, before I eat breakfast, is check the p …

Wall Street JournalExxon Wins Bidding War for InterOil After Oil Search Pulls OutWall Street JournalIn May, Oil Search offered $2.2 billion for InterOil, which holds six licenses to develop energy projects in Papua New Guinea that cover four million acres. …

Wall Street JournalOil Price Drop Vanquishes Cutting-Edge ProjectsWall Street JournalAs of March, the oil industry has deferred or canceled $270 billion in projects since crude prices began crashing nearly two years ago, according to estimates from Norway- …

Financial TimesOil prices knocked by US inventory dataFinancial Times“Oil sands output is being reduced,” said Facts Global Energy, a consultancy. “The reduction in output is not due to direct effects from the fires at the moment, but largely due to operat …

Financial TimesOil price loses steam despite Alberta wildfiresFinancial TimesOil prices were volatile after two days of losses as investors weighed potential production outages in Canada against data showing another increase in US crude stocks. Brent crude …

Wall Street JournalChevron, Exxon Cut Spending on Oil Price SlideWall Street JournalAs costs to drill and pump oil and gas continue to fall in the low-price oil environment, the biggest U.S. oil company said it expects to shave another $1 billion off its c …