Wall Street Journal (subscription)The North Sea Is Suddenly, Surprisingly, an Oil Hot SpotWall Street Journal (subscription)Investors have sunk more than $16 billion so far this year into European deals for assets mostly located in the North Sea, a flurry …

Wall Street Journal (subscription)The North Sea Is Suddenly, Surprisingly, an Oil Hot Spot - WSJWall Street Journal (subscription)For over a decade, the North Sea's once-booming oil sector was mired in decline. Against the odds, it has emerged as an un …

Wall Street Journal (subscription)Oil Surges Amid Reports of CyberattacksWall Street Journal (subscription)Oil prices surged Tuesday after reports of significant cyberattacks on global businesses, including a shipper and a Russian oil giant. U.S. crude for …

New York TimesBig Oil Slowly Adapts to a Warming WorldNew York TimesA global glut of oil and natural gas has sent prices tumbling over the last two years, and profits are evaporating. Improving auto fuel efficiency standards threaten to depress oil consump …

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 …

Business InsiderThis is what happens when oil-rich nations can't pay their billsBusiness InsiderIn the summer of 2014, the price of oil tanked, dropping from over $110 per barrel of Brent Crude to where it sits now near $48 per barrel. Cheap oil is goo …

Wall Street JournalIn China Shipping Revamp, This Oil Tanker Operator Is SlickestWall Street JournalTransporting oil and gas has been a more promising business compared with shipping iron ore and coal. China's crude oil imports rose 9% from last year i …

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 …