Wall Street JournalNorway Oil Companies Continue to Slash SpendingWall Street JournalOSLO—Norwegian oil companies say spending on exploration and production is likely to fall more than previously expected next year, an official survey showed Wednesday, as …

Shanghai Daily (subscription)Oil majors to cut investments again in 2016Shanghai Daily (subscription)An oil platform working for Brazilian state-owned oil company Petrobras is seen in this file photo at the Espirito Santo marine basin, offshore the state o …

Financial TimesOil's prologue likely to be a harbinger of worse things to comeFinancial TimesIn 2015, it appeared that the salient features of the US oil industry were: falling costs and rising productivity, which meant total output fell only gently fr …

FortuneBig Oil to Slash Spending Again In 2016FortuneWith crude prices at 11-year lows, the world's biggest oil and gas producers are facing their longest period of investment cuts in decades, but are expected to borrow more to preserve the dividends d …

Wall Street JournalOil Provision Not Expected to Derail Spending BillWall Street JournalWASHINGTON—House Democrats balked at a provision in a $1.15 trillion spending bill unveiled early Wednesday morning that would end a four-decade ban on oil exports, but …

Wall Street JournalChevron, Exxon Cut Spending on Oil Price SlideWall Street JournalAs costs to drill and pump oil and gas continue to fall in the low-price oil environment, the biggest U.S. oil company said it expects to shave another $1 billion off its c …

Financial TimesShell warns of risk of oil price spikeFinancial TimesRoyal Dutch Shell on Tuesday warned of the risk of a “spike” in oil prices should Opec keep pumping flat out in the face of an expected decline in output after spending cuts by energy grou …

Wall Street JournalGlobal Oil to Cut Spending by $130 Billion, OPEC SaysWall Street JournalLONDON—Global oil investments are set to be slashed by a staggering $130 billion this year, crimping supplies and ultimately boosting prices, OPEC's chief said T …

Wall Street JournalOPEC Chief Sees Oil Price Rising on Investment CutsWall Street JournalLONDON—Oil prices are set to rebound as steep cuts in global oil investments crimp supplies, OPEC's chief said Tuesday, and added that he was open to discuss the c …

Wall Street JournalOil-Drop Pain Spreads to Saudi Arabia's Energy BehemothWall Street JournalSaudi Arabia's refusal late last year to rein in oil production helped trigger the price crash that has hurt oil-producing countries and publicly listed en …