CNNMoneyOuch. Oil companies lose whopping $67 billionCNNMoneyThe crash in crude oil prices caused a stunning $67 billion in combined losses by 40 publicly-traded U.S. oil producers last year, according Energy Information Administration research. And the bl …

Canada's Oil And Gas Job Losses Will Be Huge In 2016: ReportHuffington Post CanadaCanada's oil and gas industry could see major job reductions this year. But not all is lost. The sector stands to lose 16,530 jobs, according to optimistic estimates; …

China's oil titans slashing output to limit lossesNikkei Asian ReviewChina Petroleum & Chemical Corp., or Sinopec, in February firmed up plans to suspend operations at four oil fields managed by subsidiary Sinopec Shengli Oilfield. The company' …

CNNMoneyCanadians are losing faith in their oil industryCNNMoneyJaafer Khani, 25, had just began what he hoped would be a lucrative career in the energy industry when Alberta's oil sector started going bust. He worked for a few months, but his job pros …

The Globe and MailOil patch faces further cuts as crude prices hit new lowsThe Globe and MailThe moves accompanied fourth-quarter results that showed the harsh impact of U.S. benchmark oil prices that averaged just over $42 (U.S.) a barrel in the period, 4 …

International Business TimesKazakhstan's Largest Oil Producer TengizChevroil's Expansion To Cost $30BInternational Business TimesKazakhstan Oil Kazakhstan's biggest oil producer Tengizchevroil (TCO) would need about $30 billion to complete a ma …

The GuardianNorth Dakota's oil-heavy economy is hanging on, but for how long?The GuardianBut if oil prices remain at the current six-year low of around $35 a barrel, 2016 could bring some pain. Low oil prices led Moody's Analytics to forecast that …

The GuardianMaersk Oil to cut 220 jobs in UKThe GuardianThe oil and gas company Maersk Oil has confirmed it is to cut about 220 jobs in the UK. The Danish operator said it was reducing its workforce by between 10% and 12% globally as part of a drive to cut …

Falling oil prices prompt sharp rise in layoffsCBS NewsDALLAS -- In the oil industry, as always, boom has gone to bust. Oil prices have fallen to the lowest in years -- $46 a barrel on Friday -- and have cost 100,000 American jobs so far this year. Wendy P …

The Straits TimesOil slides to 6-year low as commodities tumbleFinancial TimesOil prices slid more than 2 per cent as asset classes fell across the board in the Asian morning, pushing a broad index of commodity prices to its lowest level this century and h …