Moneycontrol.comOil prices climb as US drilling stalls, Iran sanctions loomMoneycontrol.comOil prices rose on Monday as US drilling for new production stalled and as the market eyed tighter conditions once Washington's sanctions against Iran's crud …

UPDATE 1-Norway gets bids from 38 oil firms in licensing roundCNBC(Adds names of some bidders, minister quotes). OSLO, Sept 7 (Reuters) - A total of 38 oil companies have submitted bids for exploration acreage offshore Norway in a so-called predefined area …

BloombergShell Sees Gas as Answer in Nigeria After Decades of Oil StrifeBloombergThe Anglo-Dutch oil major is seeking to develop Nigeria's domestic energy market around natural gas. It's plentiful, harder to steal, better for the environment and ca …

CNBCJudge throws out New York City's climate change lawsuit against 5 major oil companiesCNBCA federal judge on Thursday threw out a lawsuit brought by New York City against five major oil companies for their role in contributing to climate change. New …

BloombergCanadian LNG Seen Having Knock-on Boost to Country's Oil OutputBloombergCondensate, an ultra-light form of oil, is produced when natural gas is pulled out of the ground. Without LNG, the combined crude and condensate output wouldn't rise h …

Financial TimesPolitical upheaval in Libya threatens oil productionFinancial TimesLibya's national oil company has suspended crude loadings at two major oil terminals, which together with a separate port blockade is estimated to trigger a drop in produ …

BloombergBig Oil, Utilities are Lining Up for an Electric Vehicle War - BloombergBloombergA red-hot electric vehicle market has triggered a face-off between Big Oil and utilities. Oil majors, who've sold fossil fuels to cars for a century, are now movi …

BloombergBig Oil, Utilities are Lining Up for an Electric Vehicle WarBloombergBP Plc predicts electric vehicle sales will surge by an eye-watering 8,800 percent between 2017 and 2040, making it an attractive business for oil companies as demand for gasolin …

BloombergSouth Africa Halts Oil Exploration Permits to Revamp LicensingBloombergThe restriction “is primarily aimed at using licensing as a tool to achieve the transformation ideal” and fast-track exploration, Petroleum Agency South Africa, the country&#39 …

The Conversation CAUnderstanding the rollercoaster ride of oil pricesThe Conversation CANonetheless, gas price fluctuations of the last few months raise questions about oil production, distribution, pricing and exploration. All involve complex issues of ec …