Wall Street JournalSantos Must Pray Harder for Oil's ReboundWall Street JournalThere are no easy choices for a burdened oil and gas producer when oil is cheap. But in deciding to sell new shares near the bottom of the cycle instead of selling assets, A …

Wall Street JournalEncana to Sell Colorado Oil and Gas Assets for $900 MillionWall Street JournalEncana, which has been shedding assets to shore up its balance sheet, will sell 51,000 net acres in the DJ Basin oil and natural-gas play to a new entity owned …

Barron'sBig Oil Dividends: Here's How to Keep Them FlowingBarron'sAs Barron's reported earlier this year, none of the major oil companies have enough cash flow to support their dividends; they are relying on debt and asset sales to cover the full c …

Wall Street JournalCentrica to Shrink Oil Business, Slash JobsWall Street JournalLONDON—U.K. utility Centrica PLC said Thursday it would shrink its oil and gas exploration and production business, exit wind ventures, slash costs and cut thousands of jobs i …

Trinidad Drilling acquires CanElson to set stage for oil-price recoveryThe Globe and MailThe Calgary-based companies had previously cut staff and lowered salaries as their oil producer customers chopped spending, leaving more than half their drilling capac …

Wall Street JournalMorgan Stanley to Sell Oil Arm to CastletonWall Street JournalThe sale includes an international network of oil-terminal storage agreements, inventory, contracts with clients for the sale and purchase of oil and refined products and frei …