ENGINEERING.comBREAKING NEWS: Nissan to Acquire Mitsubishi MotorsENGINEERING.comNissan Motor Co. is in the final stages of negotiations on acquiring Mitsubishi Motors, according to Japanese news source NHK. Sources reportedly informed the news broadcaster …

Woodside awards Technip multi-disciplinary engineering services contractWorldOil (subscription)PARIS -- Technip has been awarded an engineering services contract by Woodside to provide multi-disciplinary engineering services as part of an engineering panel …

OilPrice.comObama Admin Throws Alaska An Oil LifelineOilPrice.comConocoPhillips has plans to drill the Greater Mooses Tooth Unit (GMT-1), which could result in the first oil and gas production from federal land in the NPR-A. “I'm proud of this collabor …

Wall Street JournalOil Slump Forces Deep Cuts by Service ProvidersWall Street JournalOil-field service companies are slashing costs amid an industry-rattling fall in crude prices, and no cut is too small—such as using white paint instead of yellow on under …

Financial TimesLow oil lifts credit risk at US banksFinancial TimesStresses created by the low oil price are contributing to elevated credit risk in the US banking sector despite a relatively strong economy, regulators have warned. In a joint report US ban …

Samsung Engineering Shares Surge on Merger ExpectationsBloombergSamsung Engineering Co., South Korea's biggest engineering company, jumped the most in more than 18 years on the Korea Exchange on expectations that it would try again to merge with Samsun …

KOMO NewsHull damage forces Arctic oil-drilling support ship back to dockKOMO NewsProtesters in kayaks and other small craft form a blockade in front of the massive Polar Pioneer oil rig June 15 as it pulls out of Seattle on its way to the Arctic Ocean off …

MarketWatchOil settles with a modest loss after recent plungeMarketWatchOil futures pared their losses by the close on Tuesday, settling with a modest loss, but traders remained concerned over the risk of lower energy demand from China and Europe as well a …

MarketWatchOil prices are poised to fall further as Iran deal loomsMarketWatchAssuming the sanctions are removed, Matt Parry, senior oil analyst at the International Energy Agency, said he expects Iran to “quickly return to the [Organization of the Petrole …

QuartzThe great oil drilling bust continuesQuartzFalling oil prices are also the source of another source of weakness: Drilling equipment. Although drilling imports spent much of last year climbing (until the rig count began falling, anyway), exports held …