The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as ...

CNOOC Ltd. has started production at the Xijiang 30-2 oilfield Xijiang 30-1 block development project. The FPSO has capacity to produce up to 100,000 b/d of oil and process up to 5 million cu m ...

Iraq and British oil major BP will sign a mammoth deal covering four Kirkuk oil and gas fields by the first week of February, ...

OPEC has reiterated its earlier forecast that global oil demand will expand at a robust clip at 1.4 mb/d in 2025, largely ...

In a regulatory filing, BP (BP) said, “Murray Auchincloss has recently undergone a planned medical procedure from which he is recovering well.

Warren Buffett's Berkshire Hathaway increased its stake in Occidental Petroleum to more than 28% in December. Read why OXY ...

South Sudan’s government called for the Dar Petroleum Operating Co. to begin resuming oil output on Wednesday, days after ...

Prairie Operating shares rose after the company forecasted that its rate of production would triple in 2025. Shares of the Houston-based oil and natural gas company were recently up 47%, to $7.46, ...

Saudi Aramco, the world's top oil exporter, is investing in lithium production to diversify its business and capture a part ...

South Sudan could resume oil production "as early as tomorrow" almost a year after fighting in neighbouring Sudan ruptured a ...

The South Sudanese government and key oil firms have announced the resumption of oil production and export.

The increase in crude oil production in Abia State, has been attributed to the engagement of a local security firm in the ...