CALGARY (Bloomberg) -- For Canadas oil industry, the bad news wont stop. With OPECs decision on Friday to keep pumping oil in the face of a glut and prices for the commodity falling to their lowest level since 2009, Canadian producers are o...

VIENNA, Austria (Bloomberg) -- OPECs new free-for-all production stance could lift the lid on millions of barrels of additional crude supply next year. Everyone does whatever they want now that the Organization of Petroleum Exporting Countr...

VIENNA, Austria (Bloomberg) -- OPEC will maintain production at current levels and refrained from setting an official output target, a continuation of the Saudi Arabian-led policy thats driven prices to a six-year low. The Organization of P...

CLEVELAND, Ohio -- U.S. demand for oilfield chemicals is forecast to increase to $10.3 billion in 2019, with healthy growth overcoming declines expected in 2015 and 2016. Although low oil prices in 2015 have led to sharp reductions in explo...

DALLAS, Texas -- Texas EOR Associates, a developer of enhanced oil recovery (EOR) technologies and opportunities, has licensed exclusive U.S. waterflood, fracing and gas injection-EOR rights to patented oil flow optimization technologies ba...

NEW YORK (Bloomberg) -- Oil was little changed after its biggest monthly decline since July as OPEC ministers arrive in Vienna ahead of this weeks policy meeting. West Texas Intermediate futures swung between gains and losses. Saudi Arabia...

TEHRAN, Iran (Bloomberg) -- Iran is targeting about $30 billion in investment by offering 70 oil and natural gas projects to international companies as the Persian Gulf country anticipates the lifting of economic sanctions. Iranian official...

NEW YORK (Bloomberg) -- Oil traded below $43 as Libya signaled it may raise output and as fears eased that Russia would retaliate against Turkey for downing its jet near the Syrian border. Futures in New York declined as much as 1.7%, parin...

OSLO -- Aker Solutions won a framework agreement to provide maintenance and modifications services at BP-operated oil and gas fields offshore Norway. The contract has a fixed period of five years valued at as much as NOK 3.2 billion. It als...

NEW YORK (Bloomberg) -- Surging U.S. crude stockpiles that have filled storage tanks near capacity are widening the discount on immediate oil deliveries. Spreads between monthly oil-futures contracts are often seen as a reliable gauge of ma...