Development of Norway's largest undeveloped oilfield is moving toward a final concept decision, but what is clear is that it ...

A leading Asian contractor is moving closer to a prized award for a long-term charter of a floating production, storage and ...

BP is set to expand its operations in the Shah Deniz gas field offshore Azerbaijan with the addition of six new wells, ...

The real-time price of Brent crude oil is at $74.92 per barrel, and the price of WTI crude oil is at $71.26 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...