Wall Street JournalOil Companies Begin to Benefit From Cost CutsWall Street JournalIn the U.S., the extreme belt tightening by oil companies is finally leading to declines in crude output that could help rebalance the global market. Federal figures show U. …

Wall Street JournalHelicopters Are Unlikely Victim of Oil DownturnWall Street JournalFor example, some aircraft are kitted out with new radar equipment, making it easier to land and take off from oil platforms in bad weather. Helicopters that primarily fly …

FRANCE 24Algeria Oil Installation AttackedWall Street JournalUnknown assailants fired on a gas installation in Algeria on Friday, causing no casualties or damage but signaling that the country's oil and gas industry was still vulnerable to attacks by I …

Fox BusinessOil Prices Continue to Drive HigherFox Business"It's been a big week for oil, so it's logical for short term bulls to take some profit before the weekend," said Pete Donovan, broker at Liquidity Energy in New York. Oil has sur …

BBC NewsUK government 'should have stakes' in oil and gas industry - BBC ...BBC NewsThe UK government should take stakes in North Sea oil and gas assets that are strategically important but at risk of abandonment, according to Scottish Labour's …

Times LIVEOne dead, six wounded in Gabon oil site explosion: govtTimes LIVE"An explosion happened at an oil collection and export site in east Obangue, under the Dinonga-Irondou licence, operated by the company Addax Petroleum Oil & Gas Gabon,&quo …

MarketWatchOil futures pause in Asia after early rallyMarketWatchThe moves comes on the heels of a brisk rally in oil markets, as benchmark Brent crude prices rallied 45% from their low of the year under $28 a barrel in late January. The gains have been fu …

MarketWatchOil futures pause in Asia after early rally - MarketWatchMarketWatchOil futures paused in early Asia trading Monday, near their highs of the year following a report from the International Energy Agency that said prices had ...and more  …

BBC NewsAberdeen-based First Oil Expro enters administrationBBC NewsAberdeen-based First Oil Expro has entered administration. As a result, Enquest and Cairn Energy will take on the company's 15% in the Kraken North Sea Oil field. Enquest will now have …

ScotsmanFirst Oil Expro broken up after administration dealScotsmanFollowing their appointment, the administrators agreed to sell a number of the company's assets – including subsidiaries First Oil & Gas and Antrim Resources, which remain outside a …