Wall Street JournalSaudi Binladin Group to Lay Off 50000 as Low Oil Prices BiteWall Street JournalDUBAI—Saudi Binladin Group will lay off 50,000 people, according to a person briefed on the plans, as the construction giant attempts to turn around a busines …

Wall Street JournalAs Oil Jobs Dry Up, Workers Turn to Solar SectorWall Street JournalA few years ago, Sean and Stormy Fravel were riding the oil and gas boom like so many others in West Texas. But when their jobs disappeared along with $100-a-barrel oil p …

BBC NewsGatwick oil 'could add billions' to UK economyBBC NewsOil production in the South of England could add billions to the economy and help offset the decline in North Sea production, a report says. The study has been commissioned by UK Oil &am …

Sydney Morning HeraldAustralian dollar dives on oil stalemate, volatility set to reign againSydney Morning HeraldOil futures also tumbled, by as much as 6.8 per cent, according to Bloomberg. Both members and non-members of the Organization of Petroleum Exp …

RTOil Worker Strike Cuts in Half Kuwait Crude ProductionWall Street JournalKuwait's crude production dropped by more than half on Sunday as thousands of its oil industry employees began an open-ended strike over government plans to cut wages. The count …

Wall Street JournalKicking the Oil Business When It's DownWall Street JournalCrude oil prices have dropped precipitously over the past 18 months, and while there has been a recent uptick, the energy industry is struggling. Despite laying off workers, c …

As Oil Prices Fell, Texas Campaign Donations FollowedTexas TribuneAs a political newcomer, Ron Hale struggled to stand out this year in a crowded race to join the Texas Railroad Commission, which regulates oil and gas. Perhaps a billboard, radio spot or ot …

Wall Street JournalOil-Price Collapse Fuels Singapore LayoffsWall Street JournalSINGAPORE—In Singapore's worst year for layoffs since the global financial crisis, workers at offshore-marine companies were major victims—a sign of how reeling oil prices …

Wall Street JournalUS Oil Settles Above $30 a Barrel, After Dipping Below for First Time Since 2003Wall Street Journal“The biggest risk to the forecast is if oil prices are in the range of $20 to $30,” Dallas Fed senior economist Keith Phillips said in San …

Wall Street JournalThe Oil-Patch BustWall Street JournalThe world-wide commodities bust has taken its toll on economies from Indonesia to Brazil to Canada, so it was inevitable that it would also hit the world's leading producer of oil and natural gas— …