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IEA says global oil demand growth could sink

HOUSTON – The International Energy Agency says global markets have absorbed the excess oil that has weighed on crude prices for two years, but now oil demand growth, one pillar supporting prices, is in...

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Exxon highlights plans for spending $20 billion, creating jobs on Gulf Coast

Exxon Mobil highlighted its plans for spending $20 billion and creating 45,000 jobs, mostly during  construction, over the next decade as it builds a “manufacturing powerhouse” along the Gulf Coast,...

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Industrial facilities infected with malware 3,000 times a year

Cybersecurity researchers believe computer controls at industrial facilities, including in the oil business, get infected by non-targeted malware at least 3,000 times a year. Dragos Security, a...

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