Weeks to cap a subsea oil leak? It's industry standard, says official  CBC NewsOil companies working in Newfoundland and Labrador's offshore say it could take weeks to bring in and install special equipment to cap a blown-out subsea ... Read more …

Oil’s Deja Vu Moment: OPEC Meets Amid Price Rout  The Wall Street JournalOil's worst month in a decade is pressuring the world's largest crude producers to end the rout. If they fail, they risk repeating the 2015 slump that rippled across ... Rea …

Oil and gas recruitment 'on the rise amid renewed confidence'  BBC NewsThe highest level of business confidence since 2013 is seeing recruitment rise, says a new survey. Read more https://www.bbc.com/news/uk-scotland-scotland-business-46370504

Financial TimesChina plagued by oil refining overcapacityFinancial TimesOil refining is joining steel, coal and aluminium in the ranks of sectors suffering from overcapacity in China, with increased production and a drop in truck transport forcing a wave o …

CNNMoneyU.S. oil exports rise 7-fold in first 3 monthsCNNMoneyThe frenzy of export activity, while still relatively small, is noteworthy given the depressed environment in the oil patch these days. Not only is the U.S. pumping less oil, but there remains a …

Wall Street JournalUS to Export Crude-Oil Cargo in Early JanuaryWall Street Journal“We are excited to announce our first contract to export U.S. crude oil, which to our knowledge may be the first export cargo of U.S. crude oil from the Gulf Coast in almost …

CNNMoneyWhy oil is a big winner in Washington's budget dealCNNMoneyThe hurting oil industry will mostly cheer passage of the so-called omnibus bill because it includes a provision that would lift the 40-year ban on exporting crude oil. Lifting the ban …

The HillCongressional Leaders Agree to Lift 40-Year Ban on Oil ExportsWall Street JournalWASHINGTON—In a move considered unthinkable even a few months ago, congressional leaders have agreed to lift the nation's 40-year-old ban on oil exports, a histori …

CNNCongressional Leaders Reach Sweeping Deal on Tax and Spending LegislationWall Street JournalLate Tuesday night, lawmakers also reached a deal on legislation that would revive and extend dozens of lapsed and expiring tax breaks. As part of the year-end l …

Wall Street JournalOil Export Ban Drags Down Spending NegotiationsWall Street Journalhighlighted the final sticking point publicly Tuesday, saying that the talks with Republicans had bogged down over whether to lift a 40-year-old ban on oil exports. Democr …