Wall Street JournalMaersk's Profit Tumbles on Weak Freight Rates, Low Oil PricesWall Street JournalDanish shipping-and-oil company A.P. Moeller-Maersk A/S said third-quarter profit plunged 43% as sustained weak freight rates and low oil prices continue …

RTDeaths in ship-demolition accident in Pakistan's HubAljazeera.comThe fire started in a dismantled oil tanker that was stationed in the yard, according to local media reports. Several explosions occurred inside the oil tanker while the workers were pe …

Wall Street JournalMaersk Shares Sink After Profit Hit by Weak Freight Rates, Oil PricesWall Street JournalShares in A.P. Moeller-Maersk A/S fell as much as 8% on Wednesday after the Danish shipping-and-oil giant reported a 43% drop in third-quarter net pr …

ReutersExclusive: Maersk Oil eyes Shell's North Sea assets ahead of spin-offReutersL) as the Danish group considers adding scale to its oil and gas business ahead of a planned spin off, banking sources said. Maersk announced on Thursday a major overhau …

BloombergTotal Wins Bid to Operate Qatar's Giant Al-Shaheen Oil FieldBloombergQatar Petroleum and Total will form a joint venture called North Oil Co. to develop the al-Shaheen field for 25 years. Total plans to invest $2 billion over five years to mai …

Wall Street JournalUK Offers Respite to Oil Producers by Scrapping Petroleum Revenue TaxWall Street JournalLONDON—The U.K. government has abolished the petroleum revenue tax, the levy charged on oil and gas profits, to kick-start the country's beleague …

Wall Street JournalU.K. Offers Respite to Oil Producers by Scrapping Petroleum ...Wall Street JournalThe U.K. government has abolished the petroleum revenue tax, the levy charged on oil and gas profits, to kick-start the country's beleaguered hydrocarb …

Wall Street JournalMaersk Oil to Cut Staff by up to 12%Wall Street Journal“We are operating in a materially changed oil-price environment and have taken necessary decisions to reduce activity levels through 2015, and ensure we focus where we can see adequa …