CNBCWe're still 'investing a lot' in oil: Statoil CFOCNBCStatoil is still "investing a lot" in the sector, according to the Norwegian oil giant's chief financial officer, despite the commodity seeing a steep drop in price since la …

How low oil prices could threaten Obama's fuel-economy rulesVoxTheir logic: oil prices have plummeted, gasoline is cheap again, and Americans are less keen on buying smaller, fuel-efficient cars. Not only could that make it tougher for manufacturers to …

CNBCOil could take until 2018 to recover: Statoil CFOCNBCStatoil is still "investing a lot" in the sector, according to the Norwegian oil giant's chief financial officer, but it is planning for oil to stay around $50 a barrel until 2018. &quo …

Wall Street JournalMaersk Oil to Cut Staff by up to 12%Wall Street Journal“We are operating in a materially changed oil-price environment and have taken necessary decisions to reduce activity levels through 2015, and ensure we focus where we can see adequa …

Wall Street JournalOil Companies Tap New Technologies to Lower Production CostsWall Street JournalThe depressed price of oil has spurred a new wave of innovation in energy exploration. When a barrel of oil fetched $100 or more, energy companies were focuse …

BloombergFor Norway, Oil at $50 Is Worse Than the Global Financial CrisisBloombergBut oil under $50? That's another story. Unemployment peaked at about 3.7 percent in 2010 in the post-crisis aftermath. Falling oil prices already pushed the jobless rate …

Wall Street JournalIran Holds Out Improved Oil-Contract TermsWall Street JournalTEHRAN—Iran is prepared to offer longer term and more profitable contracts to international oil and gas firms but expects substantive partnerships with Iranian companies, said …

Climate change fight will hamper oil sands returns: Statoil execThe Globe and MailStatoil ASA's chief economist said that high-cost projects in oil sands and ultra deepwater deposits would struggle to adapt should the industrialized world move aggressi …

Addressing climate change will hamper oil sands returns: Statoil execThe Globe and MailStatoil ASA's chief economist said that high-cost projects in oil sands and ultra deepwater deposits would struggle to adapt should the industrialized world move agg …

CBC.caOPEC oil glut is shattering Harper's superpower dreamCBC.caTo add insult to injury, low prices have emboldened the "dirty oil" lobby. There are new reports this week that the New York oil hub is rejecting petroleum from Canada's &qu …