China’s state energy company CNOOC said today it had discovered a new oil field in the South China Sea that could contain over 100 million tons of crude oil, equal to around 733 million barrels.

Norway’s 86 billion kroner ($8.1 billion) Johan Castberg oil development in the Barents Sea has started pumping, the second major field to begin operations in the country’s Arctic waters.

The Huizhou 19-6 field has now been shown to have over 100 million metric tons of oil equivalent of proven in-place volumes.

Iraq's nationwide crude production fell by about 60,000 barrels per day (bpd) in February, largely due to a partial outage at the Rumaila oil field caused by a large fire that destroyed a storage tank ...

RAF Puma’s would be used in the air assault role where they supported 16 Air Assault Brigade in the capture of the Rumaila oil fields from Iraqi forces. In doing so, they prevented a total ...

The oil field had been at risk of running low due to diminishing pressure inside the well -but will now be able to continue pumping out oil until the end of its previously agreed lifespan after ...

The auction reflects a broader effort to attract investment and diversify participation in the sector, moving beyond ...

Jets General Manager Darren Mougey sang the praises of quarterback Justin Fields on Sunday and the team’s head coach is doing the same thing. Fields signed a two-year deal with the Jets this offseason ...

concerning its proposals for the drilling of oil wells and offshore production from the Sea Lion Field Northern Development Area, Phase 1 and 2. The Falkland Islands Government began a public ...

Possible benefits of coconut oil include increasing good cholesterol, controlling blood sugar, reducing stress, and more. However, more research into the effects of regular coconut oil use is ...

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