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.

This story was produced in partnership with the Pulitzer Center. It is part two in a four-part series. Read part one here. President Trump and Texas lawmakers are pushing to loosen the laws and ...

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 ...

and crude from Russian oil fields. In terms of production and quotas, Kazakhstan has turned into one of the biggest laggards in OPEC+, consistently overproducing, along with Iraq and Russia.

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 ...

A final investment decision (FID) on the Sea Lion oil field offshore the Falkland Islands could be reached by mid-2025, with operator Navitas Petroleum accelerating efforts to bring the long ...

Birol’s stance differs from the IEA’s messaging in 2021 that the world would not need new oil and gas exploration and new field investments if it is to meet its net zero emissions pledges as ...

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 ...