Investing.com1 Simple Question Every Oil Trader Should Be AskingInvesting.comIt has been well documented in articles and long opined on the influence OPEC has on the price of oil. This article is not about whether that influence has faded or is more dilute …

Telegraph.co.ukSoma Oil faces funding black hole as fraud probe drags onTelegraph.co.ukSoma Oil is facing a funding black hole which threatens to drag the Somali explorer into insolvency within months as it continues to battle a bribery and corruption scan …

BBC News'No pollution' after Transocean Winner oil transferBBC NewsSalvage experts have successfully transferred diesel oil on a 17,000-tonne grounded rig from pontoon tanks to a safer position above sea level. Coastguards said no pollution from th …

GE Oil and Gas issues warning on jobs in PeterheadBBC NewsA Peterhead oil and gas industry firm has announced plans to cut jobs. GE Oil and Gas, which makes components, employs about 130 people in the town. A statement said: "As a result of increasing …

The GuardianSerious Fraud Office to investigate firm's Somali oil contract bidThe GuardianAccording to another document seen by the Guardian, the deal proposed between Somalia and Soma would have given the company up to 90% of prospective oil revenues. …

Reuters UKSerious Fraud Office investigating oil firm SomaReuters UKLONDON/NAIROBI Britain's Serious Fraud Office (SFO) has launched a criminal investigation into British exploration firm Soma Oil and Gas, which has been searching for oil in Somalia. T …

Wall Street JournalSaudi Arabia Oil Exports Rose to Highest Levels Since 2005New York TimesSaudi Arabia's crude oil exports rose in March to their highest in almost a decade, data showed on Monday, a sign of unexpectedly strong global demand as the top …

Where there is oil and gas there is SchlumbergerThe GuardianIn the dying hours of a high-level conference on the banks of the Thames late in April, two oil executives are sitting patiently waiting on faded leather chairs in the lobby of a five-star Tower B …