Wall Street JournalEnergy Downturn Spreads Beyond the Oil PatchWall Street JournalThe prolonged slump in crude prices is rippling beyond the oil industry into areas of the North American economy that, until recently, had managed to avoid the worst of the d …

KOMO NewsFormer Pettit Oil customers have new reason for hopeKOMO NewsBREMERTON, Wash. -- There is new hope for thousands of home heating oil customers who were convinced by Pettit Oil to pre-pay at the very time the company was entering bankruptcy. A KOMO …

Wall Street JournalLow Crude Prices Catch Up With the US Oil PatchWall Street JournalThe ingenuity and easy money that allowed American oil companies to keep pumping through a year-long price crash appear to be petering out as U.S. crude slides toward $40 …

Wall Street JournalMaersk Oil to Cut Staff by up to 12%Wall Street Journal“We are operating in a materially changed oil-price environment and have taken necessary decisions to reduce activity levels through 2015, and ensure we focus where we can see adequa …

Wall Street JournalSudden Drop in Crude-Oil Prices Roils U.S. Energy Firms' Rebound - WSJ - Wall ...Wall Street JournalU.S. energy companies are planning more layoffs, asset sales and financial maneuvers to deal with a recent, sudden drop in U.S. crude …

Toowoomba engineering firm Russell Mineral Equipment to axe up to 50 jobs amid ...ABC LocalA Toowoomba-based engineering firm in southern Queensland says it expects its workforce to remain stable, despite having to let up to 50 employees go. Russell Minera …