Gazprom Neft is developing the Chonsky group, which includes three licensed blocks. Once the complex reaches full capacity, ...

Record Resources Inc (TSX-V:REC) announced that further geological and geophysical analysis of its Loba oil discovery in Gabon and nearby analogue fields suggests an initial production rate of more ...

NORTH SEA, Denmark (AP) — Appearing first as a dot on the horizon, the remote Nini oil field on Europe’s rugged North Sea slowly comes into view from a helicopter. Used to extract fossil fuels, the ...

Part of the solution to California’s ambitious decarbonization goals may, ironically enough, be found in the state’s oil patch. On a 560-acre plot of land in a dusty portion of the San Joaquin Valley, ...

The more than $3 billion investment from Australian company Santos is Alaska’s first new oil project in decades.

The Ghawar Field in Saudi Arabia is the largest oilfield in the world, with an estimated 170 billion barrels of original oil in place. The Burgan Field in Kuwait, the Ahvaz Field in Iran, the Upper ...

MOSCOW, Oct 9 (Reuters) - Kazakhstan's biggest oil field Tengiz, operated by U.S. major Chevron (CVX.N), opens new tab, boosted output to a record high in October, sources told Reuters, potentially ...

There are many shared fields between the two countries, but the most notable ones are Azadegan. The financial potential from even relatively small increases in the oil recovery rate is massive for ...

Vicki Hollub ran operations in the Permian basin for Oxy before becoming CEO. She posed for Forbes in 2017. Occidental Petroleum’s conventional oilfields in the Permian basin of west Texas have been ...