The GuardianBP ditches plans to drill for oil in the Great Australian BightThe GuardianBP has decided not to go ahead with its controversial plans to drill for oil in the commonwealth marine reserve in the Great Australian Bight. BP had boasted that the Gr …

The GuardianNorth Sea or Great Australian Bight, oil drilling is always a risky businessThe GuardianMonday's news of an oil leak at a BP platform off the coast of Scotland could not have come at a worse time for the company. This latest stain on BP&#39 …

ReutersAsia stocks slip as Deutsche sours mood, oil gains on OPEC pactReutersSINGAPORE Asian stocks followed Wall Street lower in early trade on Friday, while oil prices held close to the highest level in almost a month on optimism over an OPEC plan to cur …

The GuardianBP's plans to drill for oil in Great Australian Bight delayed againThe GuardianAustralia's offshore oil and gas regulator has asked for more information about BP's controversial application to drill for oil in a marine reserve in th …

The GuardianBP's plan to contain oil spill in Great Australian Bight labelled 'flimsy'The GuardianBP's publicly available plans to drill for oil in the Great Australian Bight don't give a clear indication of where it would get all the p …

The GuardianBP's plan to contain oil spill in Great Australian Bight labelled 'flimsy ...The GuardianWilderness Society says plan gives no clear indication where company would source equipment and people needed to contain a potential major spill.Wh …

USA TODAYNew York Attorney General probing ExxonMobil's accounting amid oil sideUSA TODAYU.S. oil producers wrote down $177 billion in assets last year, and an additional $15 billion in the first quarter of 2016, according to estimates this year by IHS …

Turns Out That Oil Prices Don't MatterBloombergOil is not just the fuel that runs our cars. It's also the fuel that runs our economies. Petroleum is a feedstock for plastics and petrochemicals. It provides heat and electricity. And of course, it pr …

ReutersAsian stocks rise as weak data crimp Fed hike chances, oil slipsReutersAsian stocks rise as weak data crimp Fed hike chances, oil slips. A man looks at an electronic board showing the Japanese yen's exchange rate against Euro outside a brokerage …

The GuardianBP's own modelling shows Great Australian Bight oil spill could reach NSWThe GuardianAn uncontrolled oil spill from BP's planned wells in the Great Australian Bight could affect the coastline as far away as New South Wales, according to …