This is MoneyPetrol's six-year low hits garages and oil firms while airlines and motorists ...This is MoneyPetrol prices have sunk to their lowest levels for six years as the price of oil plummets, putting pressure on retailers and oil companies while …

No quick relief in sight for Canada's oil field service industryThe Globe and MailWhite-collar layoffs at major oil companies in downtown Calgary grab the headlines, but the Canadian Association of Petroleum Producers reports that of the at least 35,00 …

FortuneSchlumberger heats up Big Oil's tech warFortuneMuch has been said about how advances in fracking “technology” paved the way for the shale oil boom in the U.S. of the last few years. But it isn't as if there was anything new or particularly n …

Wall Street JournalOil's $4.4 Trillion HoleWall Street JournalIt rankles when you lose $20. But hey, at least it isn't $4.4 trillion. That is roughly how much revenue the world's oil producers will forego over the next three years, based on the …

CBC.caOil spill response 'totally inadequate,' says Vancouver Mayor Gregor RobertsonCBC.caVancouver Mayor Gregor Robertson has blasted the federal the response to Wednesday's oil spill in English Bay, calling the efforts "totally inadequat …

Wall Street JournalRoyal Dutch Shell's Big Buy Is Blow to Oil-field ServicesWall Street JournalThus far, the oil major, which prides itself on taking a long-term view on investment, has resisted calls to cut capital expenditure dramatically, disappoint …

dunyanews.tv (press release) (blog)Stressed oil firms turn to junk bonds, bankruptcydunyanews.tv (press release) (blog)NEW YORK (AFP) - The oil price crash is taking a growing financial toll on companies throughout the industry, forcing some into bankruptc …

Motley Fool3 Reasons This High-Yield Oil Company Embraces Cheap Oil With Open ArmsMotley FoolIn my opinion, there are three reasons Magellan has held up so well despite oil's recent crash -- reasons to do with its superior business model any why all in …

This is MoneyEmergency rescue for North Sea oil firms as Chancellor mulls a tax cut to save ...This is MoneyAn emergency tax cut to rescue the North Sea oil industry from the crisis triggered by the plunging oil price is being worked on by the Chancellor. …