Alberta's oil curtailment program's initial success last January prompted the government to raise the production limits.
Shale oil has turned the U.S. into an oil exporter but the rapid growth of the industry is running into its limits.
Shell Argentina announced that it will proceed with the first stage development of its Vaca Muerta project.
The oil and gas industry has been changing, and companies are looking for sustainable ways to stay attractive to investors.
In his administration’s latest blow to reducing carbon emissions, U.S. President Trump decides to further weaken an Obama-era methane policy.
Indian oil prices are increasing and various factors are causing petroleum and diesel costs to surge even more.
Low prices of butane and propane hindered the restocking of these LPG during the spring and the summer in Northwest Europe.
As traders push for a higher oil demand, crude oil prices in Saudi Arabia could reportedly increase to as high as $100 per barrel.
The U.S. also requested some OPEC members to increase their daily output.
The continued oil and gas drilling in the U.S. is tagged as the main culprit for quakes and sinkholes opening up in the U.S.