Discovering oil or gas in significant volume… is a rarity. The new natural gas discovery in offshore Palawan Island is the ...

Annual conventional discoveries have fallen from over 20 billion boe in the early 2010s to about 8 billion boe since 2020.

Global oil and natural gas consumption now vastly exceeds new discoveries, underscoring Herbert Stein’s warning that trends ...

Niall Kramer of the Offshore Petroleum Association of South Africa warns regulatory uncertainty is costing South Africa $20m ...

Latest updates from the BBC's specialists in fact-checking, verifying video and tackling disinformation.

Shortly after President Donald Trump said the United States would “run” Venezuela and sell its oil globally — a claim that drew widespread skepticism from ...

Nestled in the heart of Roswell, where conversations typically revolve around extraterrestrial visitors rather than culinary ...

Despite geopolitical upheaval, sanctions, and military action, this South American state's proven oil reserves remain ...

Oil hit its highest since late September after a winter ‍storm disrupted U.S. crude output ‍while a weak dollar, continued Kazakh outages lent further support.

Do U.S. energy or mineral companies really want to dive into Greenland to produce oil or rare earths? Here are the answers ...

President Donald Trump has portrayed his takeover of Venezuela’s oil sales as a victory for America, but when his ...

Dollars are trickling back into Venezuela, they’re the proceeds from the oil seized and by the U.S. That is helping to ...