Daily production of 413 barrels of crude oil and 68,000 cubic meters of natural gas has been yielded after test drilling, a state news agency reported.

The China National Offshore Oil Corporation (CNOOC) announced on Monday that it has discovered a major oilfield in the eastern South China Sea, with proven reserves exceeding 100 million tonnes. The ...

North Sea oil fields could produce an extra 2bn to 3bn barrels and boost growth if licences are approved, oil groups claim ...

Britain's decision to issue more than two dozen oil and gas exploration licences was challenged at London's High Court on ...

This phased plan minimizes CAPEX to first oil while providing flexibility for basin expansion and acceleration of production from fields beyond Sea Lion. An updated FDP has been submitted to the ...

Norwegian oil and gas operator DNO and its partners have made an oil and gas discovery in the "Kjottkake" prospect in the North Sea, the Norwegian Offshore Directorate said on Friday.

Industry body Offshore Energies UK says the North Sea could produce half of all oil and gas in run up to 2050.

Dozens of companies and academic groups are pitching the same theory: that sinking rocks, nutrients, crop waste or seaweed in ...

The joint venture could deliver synergies exceeding $1 billion.

Navitas continues to estimate Capex to first oil on phase 1 of some 1.4 billion ... for an FPSO which is currently operating in the North Sea, along with various agreements relating to the ...

More than two weeks after a container ship crashed into an oil tanker in the North Sea, it has arrived at Aberdeen port for ...

After two consecutive annual losses, EnQuest rebounded to a $93.8million profit in 2024 even though its revenue slumped by ...