Financial TimesOil majors seek survival in transition to low-carbon worldFinancial TimesYet, increasingly, the oil companies that bestrode the global economy for the past century are assuming an air of vulnerability. In an era when Apple has a market capit …
Canada And Brazil Could Jeopardize Oil Market BalanceOilPrice.comAs OPEC and its partners prepare to reveal the details of what most expect to be an output cut extension, all eyes in the oil industry are on U.S. shale output growth. Analysts and investors …
CBC.caDakota Access pipeline spilled 380 litres of oil from 2 leaks in MarchCBC.caThe Dakota Access pipeline system leaked more than 380 litres of oil in two separate incidents in North Dakota in March as crews prepared the pipeline for operation. They' …
The HillStates push for stronger oil train limitsThe HillSeveral state attorneys general are asking federal regulators to strengthen rules on trains transporting crude oil. The six attorneys general, led by New York's Eric Schneiderman, filed comments …
France's Vallourec Axes Jobs, Seeks Capital Amid Oil SlumpWall Street JournalPARIS—France's Vallourec SA, a maker of high-strength steel for the oil sector, is to raise €1 billion ($1.08 billion), suspend its dividend, and ax more than 2,500 jobs, …
Financial TimesOil producers retool for lower pricesFinancial TimesUndoubtedly, costs have come down — especially given the sharp weakening in domestic currencies of most producer nations. Oil exploration companies will find themselves dictating terms to s …
Vallourec Seeks Capital as Oil Prices Pummel EarningsWall Street JournalPARIS—Vallourec said on Monday that it plans to raise about €1 billion ($1.08 billion) in fresh capital through new shares and convertible bonds as the company braces for widening loss …
Sydney Morning HeraldThe oil crash is kicking off one of the largest wealth transfers in human historySydney Morning HeraldEconomists are still hotly debating whether the oil crash has been a net positive for advanced economies. Optimists argue that cheap …