AlterNetWave Of Profit-Taking Keeps Oil From Breaking OutOilPrice.comForty-one years to the day after the birth of chef Jamie Oliver, and the recent rally in oil is looking a wee bit overcooked, after having a nibble at the $50 mark. Dollar strength return …

Hercules Offshore to File for Chapter 11 Again, Hit by Oil Price SlumpWall Street JournalLast year, Hercules seemed to be taking a proactive approach to its finances, filing for bankruptcy in August, relatively early in the oil and gas downturn, after stri …

Wall Street JournalChevron-led Consortium to Invest Up to $37 Billion in Kazakh Oil FieldWall Street JournalCompanies have been forced to delay or cancel about $270 billion in projects through March since oil prices began their long slide, according to Rys …

Wall Street JournalKazakh Energy Minister Says Chevron-led Consortium to Invest Up To $37 Billion in Oil FieldWall Street JournalASTANA, Kazakhstan—A Chevron Corp.-led consortium is set to invest up to $37 billion as it increases output at a giant oil fiel …

ReutersOil steadies; Canadian, Nigerian supply issues offset strong dollarReutersNEW YORK Oil prices settled largely unchanged on Thursday as worries about Canadian and Nigerian supply outages offset the impact of a stronger dollar, which has rallied on gr …

Wall Street JournalFMC Technologies, Technip Agree to $13 Billion Oil-Services MergerWall Street JournalPARIS--FMC Technologies and French oil-services rival Technip Thursday said they will merge in a $13 billion deal, a sign of accelerating consolidation …

ReutersCanadian wildfire shifts north, prolonging oil sands shutdownReutersNone of the oil sands have caught fire, and the industry was redoubling efforts to ensure facilities were well-protected, said Alberta wildfire manager Chad Morrison. "Experien …

Reuters UKBlast hits Chevron oil facility in Nigeria's Delta - security sourceReuters UKThe swamps of the southern Delta have been hit by a series of militant attacks on pipelines and other oil and gas facilities that have reduced Nigeria's output …

ReutersCanada's Trudeau tours Alberta oil town ravaged by wildfireReutersThe wildfire knocked out nearly half, or 1.07 million barrels per day (bpd), of Alberta's oil sands capacity. The effort to restart projects is progressing slowly. A spokesman …

ReutersOil slips as dollar strengthens but traders eye Nigerian outagesReutersThe group signalled the global oil glut may increase this year as surging output from its members makes up for losses from other countries whose production has been hit by low pr …