The world’s largest metamorphic rock oilfield has commenced production. The billion-tonne Phase I project of Bohai 26-6 started production on February 7, according to its developer, China National ...

Oil executives called on Thursday for a return to navigation through the Red Sea en route to the Suez Canal following a halt ...

DNO ASA plans to drill between four and six North Sea exploration wells in 2025. The company will take part in developing ...

Exploration well 35/6-5 S, the first in production license 1110, was drilled to a vertical depth of 3,933 m subsea by the ...

BAKU. Feb 6 (Interfax) - The State Oil Company of the Azerbaijani Republic (SOCAR) is keen to expand cooperation with Bulgaria, the Bulgarian Energy Ministry said in a statement.

Operator OMV Petrom says the Neptun Deep development is on schedule, as it details its importance to the company and the host country, Romania ...

Twenty-one frontier wells are expected this year — up from 19 in 2024 — with 11 of these targeting frontier basins, whilst ...

The company, majority-owned by Austria's OMV, faced lower oil prices, reduced sales volumes, and declining refining and sales ...

Romanian oil and gas group OMV Petrom reported a 57% slump in fourth-quarter adjusted operating profit on Tuesday, citing ...

Google says it will rename the Gulf of Mexico on its U.S. maps, and Mexico is pushing back. This wouldn't be the first body ...

On the night of Dec. 15, 2024, two Russian oil tankers, Volgoneft-212 and Volgoneft-239, sank in the Kerch Strait, a narrow ...