Oil and Gas

OPEC considers extending oil output cut to March 2018

OPEC and non-member oil producers moved closer on Wednesday to clinching a deal on extending output cuts by nine months…

OPEC, non-OPEC could deepen oil cuts –Kuwait

OPEC and non-member oil producers could deepen output cuts or extend them for a year when they meet in Vienna…

There is debate over length of OPEC-led oil output cut extension -ISNA

Iran's oil minister Bijan Zanganeh said Wednesday that OPEC will continue its production curb but there is debate among members…

Shell to sell $4.1-billion stake in Canadian Natural

Royal Dutch Shell Plc has decided to offload a roughly $4.1-billion stake in Canadian Natural Resources Ltd (CNRL) that it…

OPEC to prolong oil cuts as delegates predict smooth meeting

OPEC will likely agree to extend production cuts for another nine months, delegates said on Tuesday as the oil producer…

BP starts oil project that will help double its U.K. output

BP Plc started a project in the U.K. North Sea that will restore production halted since 2013 and help double…