Al-ArabiyaLibya declares force majeure at 11 oil fieldsAl-ArabiyaSpeaking at the German capital, Naimi also urged non-OPEC producers to help balance the oil market, saying it was not up to Saudi Arabia to subsidize higher-cost producers and that circumstan …

The GuardianThe fall in oil price could be a turning point for Nigeria's economyThe GuardianThe much needed oil allocations from central government to the federal states have been delayed, making it difficult for some to meet recurrent and capital proj …

Wall Street JournalJeff Immelt's Overhaul of GE Impeded by Falling Oil PricesWall Street JournalAfter more than a decade rebuilding General Electric Co. to be a simpler industrial machine, Chief Executive Jeff Immelt finds his creation running rough. T …

CNBCOil Prices Start Week in Negative TerritoryWall Street Journal“While the news was able to halt oil's price decline, it was not enough to turn prices bullish,” Morgan Stanley said. “By 2Q15, physical market challenges may overwhelm any near-term cha …

Boeing partners with University of Washington for new engineering research centerGeekWirebarc12 Boeing is tapping into the talent at the University of Washington to help the company develop its airplanes and spacecraft. Gov. Jay Inslee, Boeing Commercial A …

Posco in Talks to Sell Engineering Stake to Saudi FundBloombergPosco is still considering the sale, with a decision to be made in the first half of the year, according to a spokesman at the Posco Engineering & Construction Co. unit, who asked not to be …

WCSH-TVOil price drop saving consumers hundreds of dollarsWCSH-TVBRUNSWICK, Maine (NEWS CENTER) -- Maine home and business owners should be ending the year with a smile, at least when they look at their heating bills. Because of the dramatic drop in the wo …

Wall Street JournalGet Used to Cheap OilWall Street JournalInvestors and traders say a price recovery likely won't come until the second half of 2015, as U.S. oil output keeps rising and subdued global growth weighs on demand. It will take months for t …