Oil

OPEC is currently scheduled to meet on June 25.

U.S. natural gas and crude oil production increased last year at the fastest pace ever for a single country.

The operator of Phase 14 development project of South Pars gas field said the third platform of the offshore field was loaded for installation in its designated spot.

Activists occupying a BP-contracted oil rig in the Cromarty Firth have been served with an injunction by the owner in a bid to halt a two-day standoff. Greenpeace UK has claimed.

Total’s UK boss said the French major would keep searching for new discoveries in and around its central North Sea (CNS) stronghold.

Cost uncertainty for offshore oil and gas projects around the globe could be as high as $220bn over the next four years.

The Iranian Parliament’s Research Center (IPRC) released a new plan on how to deflate the US economic pressures by cutting off dependence on oil revenues as a counter-strategy against the US sanctions on Iranian crude supplies.

US crude has fallen about 18% from a peak in late April and volatility has jumped as deteriorating US-China trade relations cast a pall over the global growth outlook.

Alberta may have finally found the right level for its oil curtailment program that has sent local oil prices on a roller coaster for the last few months.

When the lease on an Alberta Health Services office in Calgary came due for renegotiation two years ago. the rental market was so bad that trying to keep the tenants wasn’t worth it.