the country’s state-owned petroleum company announced $6.2 billion in contract awards for the third phase of development at its offshore Al-Shaheen oil field. The investment will increase ...

ABIDJAN, Dec 28 (Reuters) - Italy's Eni (ENI.MI), opens new tab on Saturday started a second phase of oil and gas production at Ivory Coast's offshore Baleine field, the energy group said on Saturday.

The vast Rosebank oil and gas field, just off the Shetland Isles in Scotland, is rife with controversy. On one side, the company behind the planned exploration says it will provide Britain with ...

He described it as a remarkable accomplishment, especially considering the huge challenges faced in developing and operating difficult heavy oil fields, as well as the shortage of steam injection ...

Oil prices in 2024 were heavily influenced by Chinese demand and Middle East tensions, while US shale producers consolidated and remained cautious about production growth. Natural gas demand ...

KRG hands over 50-60K barrels of oil to Baghdad since mid-June, says official The Kurdistan Region of Iraq (KRI) has handed over about 50,000-60,000 barrels of oil per day to Baghdad since mid-June, ...

Even though the Eagles are a game out of the No. 1 seed to the Lions (13-2) and Vikings (13-2), they still can earn home-field advantage with two games to play. This scenario needs to happen for ...

Located in Liaodong Bay, in an average water depth of 27 metres, the field is producing from an unmanned ... of approximately 9700 barrels of oil equivalent per day in 2026. The project relies ...

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at Suizhong 36-2 oilfield 36-2 block development project in Bohai Sea. The main production ...

The new record highlights the role of enhanced recovery techniques like precision fracking and improved drilling technologies, which have unlocked greater productivity from key oil fields.

Vladimir Putin has promised ‘further destruction’ of Ukraine after a Russian oil field was destroyed by a ‘massive’ drone strike overnight. Video footage of the strike shows the oil field ...