African energy explorer Rhino Resources has discovered light oil in its second exploration well, Capricornus 1-X, that was drilled in the Orange Basin off Namibia's coast, the company said on Thursday ...

Crude oil slips as trade war fears hit demand outlook; rising inventories and OPEC+ output add pressure to a bearish oil ...

The Capricornus discovery builds on recent momentum in the Orange Basin, following the landmark Venus and Graff finds.

The price of Azerbaijan’s Azeri Light crude oil, sold on a CIF (Cost, Insurance, and Freight) basis at Italy’s Augusta port, ...

Rhino Resources has revealed test results from its Capricornus-1X discovery well offshore Namibia, with the probe flowing at ...