Brazilian state-run oil firm Petrobras has confirmed the presence of oil in a well at its offshore Buzios field, the firm ...

Long-term, Inpex aspires to raise its production by 60% to 1 mmboe production per day or 365 mmboe annually. Contributors include expanding Ichthys LNG, targeting startup of a third train in the 2030s ...

Pakistan Petroleum Limited (PPL), an oil and gas exploration firm, has executed the Sui Development and Production Lease (D&PL) and Sui Petroleum Concession Agreement (PCA) with the government for ...

Oil and Natural Gas Corporation Limited (ONGC) and BP signed a strategic contract on Monday aimed at revitalizing the Mumbai ...

Aliko Dangote, Africa’s richest man, has invested a whopping £16billion in building one of the world's largest oil refineries ...

Egypt's Zohr gas field is poised to resume operations swiftly. Prime Minister Mostafa Madbouly announced plans by operator ENI to expand drilling, despite previous production setbacks due to unpaid ...

Earnings recovered strongly into fiscal 2024 on higher retail gas and electricity prices, cost-out initiatives and LNG trading gains. We forecast earnings falling again in fiscal 2025 on lower ...

TotalEnergies and Aker BP have initiated an independent review to potentially increase their stakes in Equinor's Johan ...

The first carbon dioxide injection tests for carbon capture and storage in the UK are taking place in the North Sea off the coast of East Anglia.

Kathleen Sgamma has been nominated to lead the Bureau of Land Management, the nation's largest landlord. Sgamma, a former ...

TotalEnergies and Aker are seeking an independent review of their stakes in Equinor's Johan Sverdrup oilfield with a goal of ...

Norway's Aker BP raised its quarterly dividend by 5% on Wednesday and said capital expenditure is set to rise sharply this ...