ABC OnlineEast Timor axes Australia border treaty over oil reservesBBC NewsEast Timor says it wants to tear up a controversial 2006 maritime border treaty with Australia which has soured relations between the two countries. The treaty dealt with how oil an …
Factbox: US oil, gas reserve-based loans rise by 5 pctReutersU.S. oil and gas companies are seeing their credit limits expand for the first time in two years as improving oil prices increase the value of their reserves against which banks lend. Oil and gas …
ReutersSaudis order oil cuts to US, Europe before non-OPEC talksReutersSaudi Arabia told the customers about lower supplies in line with the output reduction agreed by the Organization of the Petroleum Exporting Countries last week, according to a Gulf oil …
ReutersExclusive: In mammoth task, BP sends almost three million barrels of US ...ReutersSINGAPORE Oil major BP (BP.L) is shipping almost three million barrels of U.S. crude to customers across Asia, pioneering a lengthy and complex operation likely to bec …
ReutersOil mogul Hamm tops Trump list for US energy secretary: sourcesReuters"In my view, he's likely to be asked. And, because he's a patriot and an American, he's likely to say yes." Hamm, 70, became one of America's wealthiest …
ReutersConocoPhillips trims 2017 budget as cost cuts offsets cheap oilReutersConocoPhillips (COP.N), the largest U.S. independent oil producer, said on Thursday it would reduce its capital budget by 4 percent to $5 billion next year due to technology gains …
ReutersBig Oil revels in Trump victory, expects less red tapeReutersThe U.S. energy industry on Wednesday reveled in Republican Donald Trump's presidential victory, expecting him to be a strong advocate for more oil and gas output and to cut red tape t …
New York TimesFood|Hatched From Peanuts, the South's Hot New OilNew York TimesClay Oliver with a harvest of peanuts on his farm in Georgia that will be used for planting next year's crop in the spring. Mr. Oliver uses raw peanuts to make a cold-pre …
ReutersShell takes top earnings spot from Exxon as oil majors adapt to low pricesReutersShell's stock rose by over 4 percent as it announced higher quarterly earnings than arch-rival U.S. Exxon Mobil, the world's largest listed oil company by outpu …
ReutersOil prices edge lower on doubts over production cut dealReutersLONDON Oil prices edged lower on Friday and were set for the biggest weekly losses in six weeks over doubts about whether OPEC and non-OPEC oil producers will be able to agree on an outp …