Business StandardCabinet awards 31 oil blocks to 22 firmsBusiness StandardAfter the Cabinet clearance, the companies would be signing contracts with Oil & Natural Gas Corporation and Oil India, original licensees of these blocks. During the round that …

BBC NewsBP's Clair oil platform shut down after leakBBC NewsBP has shut down one of its oil platforms, about 75 km to the west of Shetland, because of a leak. Oil was released into the water from the Clair platform on Sunday morning. The size of the le …

Radio New ZealandMPI won't disclose importer of banned palm oilRadio New ZealandThe Ministry for Primary Industries (MPI) won't disclose who the importer is but says it's been in contact with them in the last week. Palm kernel expeller (PKE) is …

Globalnews.caOil sector must 'evolve' and regain trust to survive: David HobbsGlobalnews.caWATCH: Energy industry expert David Hobbs joins Tom Clark to discuss the future of energy and what obstacles Canada's oil sector face as the world pushes …

Wall Street JournalMexico Begins New Round of Oil Auctions With Shallow-Water BlocksWall Street JournalMEXICO CITY—The Mexican government launched its second round of oil auctions, offering 15 exploration and production blocks in shallow waters of the Gulf …

Business InsiderOil's recent outperformance can be traced back to one thingBusiness Insider"The recent divergence can probably be explained by wildfires in Canada and pipeline bombings in Nigeria, which have knocked over 1.5 million barrels per da …

USA TODAYStocks open higher as oil rallies to $47 a barrel ongoing questions about consumerUSA TODAYWall Street, still smarting over weak retail earnings that raised questions about the health of U.S. consumers, is pushing stocks higher Thursday amid a reb …

Wall Street JournalShell Plans Oil-Asset Sale in Gabon, Says PresidentWall Street JournalIn an interview in Kigali, Rwanda, Gabon's President Ali Bongo said Shell was pulling out of the onshore oil developments as part of a move to trim overhead amid a …

Wall Street JournalShell Under Investigation in Italy Over Nigerian Oil DealWall Street JournalThe prosecutors are investigating whether Shell's piece of a $1.3 billion payment to acquire a rich oil field off the coast of Nigeria constituted a bribe, a …

Mexico Unveils First Deep-Water Oil Blocks for 2016 AuctionWall Street JournalMEXICO CITY—Mexican authorities on Thursday unveiled the first deep-water oil and gas blocks it will auction next year as part of a historic energy opening to foreign and private …