MarketWatchOil futures settle higher, but snap streak of 4 weekly gains in a rowMarketWatchOn the New York Mercantile Exchange, West Texas Intermediate futures CLM6, +0.54% gained 34 cents, or 0.8%, to close at $44.66 a barrel, while Brent crude LCON6, +0. …

Wall Street JournalFour Fewer US Oil Rigs in Latest WeekWall Street JournalThe number of oil rigs in the U.S. peaked at 1,609 in October 2014. According to Baker Hughes, the number of U.S. gas rigs fell by one in the latest week to 86. The U.S. offshore-ri …

Wall Street JournalHelicopters Are Unlikely Victim of Oil DownturnWall Street JournalFor example, some aircraft are kitted out with new radar equipment, making it easier to land and take off from oil platforms in bad weather. Helicopters that primarily fly …

BBC NewsUK government 'should have stakes' in oil and gas industry - BBC ...BBC NewsThe UK government should take stakes in North Sea oil and gas assets that are strategically important but at risk of abandonment, according to Scottish Labour's …

Times LIVEOne dead, six wounded in Gabon oil site explosion: govtTimes LIVE"An explosion happened at an oil collection and export site in east Obangue, under the Dinonga-Irondou licence, operated by the company Addax Petroleum Oil & Gas Gabon,&quo …

MarketWatchOil futures pause in Asia after early rallyMarketWatchThe moves comes on the heels of a brisk rally in oil markets, as benchmark Brent crude prices rallied 45% from their low of the year under $28 a barrel in late January. The gains have been fu …

MarketWatchOil futures pause in Asia after early rally - MarketWatchMarketWatchOil futures paused in early Asia trading Monday, near their highs of the year following a report from the International Energy Agency that said prices had ...and more  …

Wall Street JournalEni Starts Pumping Oil From World's Northernmost Offshore PlatformWall Street JournalROME—After long delays and cost overruns, Italian oil giant Eni SpA has started pumping oil from the world's most northern offshore platform, Go …

American Trade JournalUS Oil-Rig Count Falls in Latest WeekWall Street JournalThe number of U.S. oil-drilling rigs, which is viewed as a proxy for activity in the oil industry, has fallen sharply since oil prices started falling last year. The rig count dr …

GMA NewsPemex evacuates staff from Gulf of Mexico oil platformGMA NewsMEXICO CITY - Mexico's state-run oil company, Pemex, confirmed on Monday there was an accident on an oil platform at one of its major operations in the southern Gulf of Mexico, but a …