Wall Street JournalMaersk's Profit Tumbles on Weak Freight Rates, Low Oil PricesWall Street JournalDanish shipping-and-oil company A.P. Moeller-Maersk A/S said third-quarter profit plunged 43% as sustained weak freight rates and low oil prices continue …

RTDeaths in ship-demolition accident in Pakistan's HubAljazeera.comThe fire started in a dismantled oil tanker that was stationed in the yard, according to local media reports. Several explosions occurred inside the oil tanker while the workers were pe …

Wall Street JournalMaersk Shares Sink After Profit Hit by Weak Freight Rates, Oil PricesWall Street JournalShares in A.P. Moeller-Maersk A/S fell as much as 8% on Wednesday after the Danish shipping-and-oil giant reported a 43% drop in third-quarter net pr …

International Business TimesNigeria Oil Discovery 2016: Exxon Mobil Finds Billion-Barrel Reserve In AfricaInternational Business TimesExxonMobil (XOM) has reportedly made a major oil discovery off Nigeria's shores that could produce a billion barrels, …

Is Nevada Sitting On One Of The Biggest Undiscovered Oil Fields?OilPrice.comMost of the giant oil fields on earth, ''elephants'' are deposited in passive margin shelves like the Paleozoic passive margin shelf of the Great Basin of western U …

Bankruptcies In Oilfield Services Are AcceleratingOilPrice.comClouds have been clearing for oil producers in the U.S. oil patch, but it looks like things are a bit different in oil field services. In fact, they're quite a bit different: according to a …

Wall Street JournalAsian Shares Slide; Oil Stocks Lead DeclinesWall Street JournalAsian equity markets were broadly lower on Thursday, with traders focused on oil-price declines overnight and disappointing data out of China. Japan's Nikkei Stock Averag …

Fox BusinessOil Prices Rise on Venezuela ProtestsFox BusinessTraders said concerns over political stability in Venezuela, a major oil producer, had lifted markets. In Asia, South Korea's S-Oil Corp said on Thursday that it expected refinery demand to r …

Wall Street JournalAsia Shares Slide on Oil, China Economic DataWall Street JournalAsian markets were largely down in early trade Thursday, with traders focused on oil, earnings and Chinese economic data. Japan's Nikkei was down 0.3% and Australia' …

Wall Street JournalAsia Shares Slide on Oil, Earnings and China Economic DataWall Street JournalAsian markets were largely down in early trade Thursday, with traders focused on oil, earnings and Chinese economic data. Japan's Nikkei was down 0.3% and A …