European oil 'mini-major' challenges industry's old modelReuters UKEuropean oil companies, or "majors", such as Total , BP and Royal Dutch Shell have significantly downsized their European refining and distribution businesses in recen …

Buyers bide their time in $110 bln oil asset sell-offReutersLONDON, Jan 30 (Reuters) - With more than $110 billion of oil and gas assets on the block as companies big and small count the cost of the collapse in oil prices, it is now a question of who will …

Oil Plunge Puts $390 Billion Hole in Investors' PocketsBloombergThey've pumped more than $1.4 trillion into the oil and gas industry the past five years as oil prices averaged more than $91 a barrel. The cash infusion helped push U.S. crude product …