CNBCASX 200 closes 0.91 percent lower, commodities weighCNBCAsian equities traded firmly in the red on Tuesday after oil prices fell more than 5 percent overnight. Oil prices suffered a sharp decline during U.S. trading as a result of a global supply glut. …

CNBCMajor Asian markets fall as oil slump, data weighCNBCAsian equities closed in the red on Tuesday after oil prices fell more than 5 percent overnight. Oil prices suffered a sharp decline during U.S. trading as a result of a global supply glut. The Organ …

CNBCOil's plunge to weigh on Asia market openCNBCReports on Tuesday said Woodside Petroleum officially withdrew its 11.64 billion Australian dollar ($8.46 billion) takeover bid of rival Oil Search to consolidate market position. Oil Search had already …

Wall Street JournalSantos Must Pray Harder for Oil's ReboundWall Street JournalThere are no easy choices for a burdened oil and gas producer when oil is cheap. But in deciding to sell new shares near the bottom of the cycle instead of selling assets, A …

Wall Street JournalThis Oil Takeover Target Has a Hollywood PedigreeWall Street JournalAnd its key Papua gas field, called Elk Antelope, has attracted notable partners: French giant Total, which operates the field, and Oil Search, another Australian firm. …

Wall Street JournalOil Bargain Hunting Remains Elusive GameWall Street JournalThere's a welcome whiff of oil industry consolidation in the air. But a gap between buyers and sellers shows there's hardly a consensus that petroleum prices have hit bot …

ABC OnlineSantos job cuts: Oil and gas giant to axe 200 positions in South Australia ...ABC OnlineOil and gas mining company Santos has announced 200 jobs will be cut in South Australia. The company announced in its half yearly report that it had progressi …