Press TVEnergy superpower Iran discovers oil shalesPress TVEach barrel of conventional crude oil in the Persian Gulf costs Iran between five and 10 dollars to retrieve versus $40-80 for the shale oil. Hence, the country's operations are restricted to e …

Business InsiderIran trade with GCC set to grow but oil spat loomsBusiness InsiderKuwait City (AFP) - Iran should boost trade with its Gulf Arab neighbours if a deal on its nuclear programme sees sanctions and an oil embargo lifted, but higher Iranian crud …

Fox NewsSouthern California beaches tested for tar balls after oil spillFox NewsTar ball samples were taken Thursday and Friday from Gaviota to Newport Beach, about 170 miles away, for a better reference point of where oil is washing up and to improve repo …

Dispatch TimesOil prices stabilise after massive sell-offDispatch TimesThe nearing of a deal between Iran and the worldwide community over the country's nuclear programme sent The oil price sharply lower, as investors anticipated the loosening of the t …

EagleFordTexas.com (press release)MarketsUS oil drillers add rigs for second straight weekFinancial TimesUS oil drillers added rigs for a second consecutive week, reports Anjli Raval, oil and gas correspondent. An additional 5 rigs were drilling for oil in …

Wall Street JournalObama's Oil-by-Rail BoomWall Street JournalThanks to various competing news stories (a plane crash in San Francisco, the Trayvon Martin shooting trial), Americans did not dwell on a fiery oil-train accident in Canada that killed 47. …

CBC.caRail companies poised to keep on chugging despite oil swoonCBC.caBut even with oil prices falling off a cliff, industry analysts and railroad executives point out that crude shipments still make up just a sliver of the overall freight delivered by ra …