Indian Oil Said to Plan $3 Billion Petrochemicals Unit in IranBloombergIndian Oil Corp. is seeking to build a $3 billion petrochemicals plant in Iran, according to people with direct knowledge of the matter. The plan hinges on assurances from Iran that the …

Oklahoma Acts to Limit Earthquake Risk at Oil and Gas WellsNew York TimesOklahoma regulators have told energy companies to sharply reduce underground wastewater disposal across an earthquake-prone stretch of the state, a move that ratchets up a so-far unsu …

The Detroit NewsGuest Commentary: Lift export ban on crude oilThe Denver PostAn oil tanker passes a fisherman as it enters a channel near Port Aransas, Texas, heading for the Port of Corpus Christi. The price of oil slid on Aug. 3 as traders braced for sof …

Wall Street JournalOil Companies' Spending Cuts Unlikely to Be EnoughWall Street JournalLONDON—The world's biggest oil company's have vowed to bring down the costs of big projects in the face of slumping oil prices, but the unrelenting price we …

KOIN.comEPA: Withhold permit for VXR oil-by-rail terminalKOIN.com(AP) – The U.S. Environmental Protection Agency says a plan to build the nation's largest oil-by-rail terminal does not comply with the federal Clean Water Act, and that a key permit for …

MarketWatchOpinion: Buying oil stocks at these prices is just spilling moneyMarketWatchBig oil is battered: You may find some vulture investors buying shares of Exxon Mobil XOM, +0.80% or Chevron CVX, +0.92% here, and I'll admit that neither Big Oil st …

CNBCShell plans for 'prolonged downturn' in oil pricesCNBCRoyal Dutch Shell warned on Thursday that lower oil prices could continue for several years, and said it was planning for a prolonged downturn. It comes as the Anglo–Dutch multinational repo …

CNBCTotal profit beats despite oil price slumpCNBCOil giant Total reported that net profit fell 2 percent in the second quarter - higher than expected by analysts, as the company sped up its cost-cutting drive. Adjusted net profit came in at $3.085 billion …

CNNMoneyOil prices tumble as Iran deal nearsCNNMoneyIran has plenty of oil it can export the minute a deal is signed -- there are an estimated 30 million barrels of crude in storage, according to FACTS Global Energy, an industry consultancy. An agreement c …

Financial TimesLower oil pressures energy junk debtFinancial TimesPressure on speculative-rated energy issuers of debt will only intensify should oil prices fall further into bear market territory, say analysts, with rising defaults making it harder for co …