Wall Street JournalGE to Combine Oil and Gas Business With Baker HughesWall Street JournalGeneral Electric Co. reached a deal to combine its oil-and-gas business with Baker Hughes Inc., creating a publicly traded energy powerhouse that would give GE a cost …

CNBCGeneral Electric to combine oil and gas operations with Baker HughesCNBCGeneral Electric, banking on a recovery in oil prices, said on Monday it would merge its oil and gas business with No. 3 oilfield services provider Baker Hughes. The new entity wou …

TheStreet.comMaersk Splits Into Transport and Oil DivisionsTheStreet.comMaersk chairman Michael Pram Rasmussen said in statement, "Separating our transport and logistics businesses and our oil and oil related businesses into two independent divisions …

Oil Under Pressure As Shell Lifts Force Majeure On Nigerian ExportsOilPrice.comThe Nembe Creek Trunk Line was repaired and reopened, allowing Shell to resume exports of its oil, nearly a month after declaring force majeure. Nembe Creek is one of a handful …

CNBCEOG inks $2.5 billion deal in shift to low-cost Permian oil fieldCNBCEOG Resources said on Tuesday it would buy privately held Yates Petroleum for $2.5 billion in stock and cash, in the latest move by a U.S. energy company to acquire acreage in the Per …

Syracuse.comKost Tire to pay $275000 penalty for charging phony $2 oil change feeSyracuse.comKost Tire Distributors has several stores in the Syracuse area. The company has agreed to pay New York a $275,000 penalty for charging customers a phony $2 fee wit …

MarketWatchS&P 500, Dow post best gains in 2 months as oil reboundsMarketWatch“Part of it is oil, but I'm not seeing a reason for a 200-point gain [on the Dow],” Nolte said. “The market went sideways last week and investors are seeing some strength …

Wall Street JournalOil Bust Gives Billionaire Deal-Maker Buyer's RemorseWall Street JournalKelcy Warren became a billionaire oil man by making deal after deal, including purchases of thousands of miles of pipelines after Enron Corp. collapsed. Now he i …

Yahoo NewsFirst oil flows from Alaska reserve set aside in '23Yahoo NewsMarch 2 -- Oil declined from the highest close in eight weeks as U.S. industry data showed crude stockpiles expanded amid a global glut. London & Capital Group Director Ashok S …

CNBCAnalyst: Why big oil is building war chestsCNBCIt's all about the balance sheet for energy giants hoping to weather the storm of historically low oil prices, top analyst Doug Terreson told CNBC. Super major oil companies like Exxon, Chevron and BP …