Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

Reserve replacement of 146 percent, 229 percent and 296 percent of 2024 production on a proved developed producing ('PDP') reserves, proved ...

India will provide 55.97 billion rupees ($646.78 million) support for purchase of oil for the country's strategic petroleum ...

Oil and condensate reserves increased by 592 million tons and natural gas by 708 billion cubic meters, surpassing the ...

BP has announced a new oil and gas discovery in Egypt's King Mariout Block, located in the Mediterranean Sea. Egypt's Prime ...

OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...

With billions of barrels lying beneath the land and offshore, oil is one of Africa’s biggest money-makers. Morocco has the ...

Greenland, an island with vast renewable and mineral resources, is attracting interest due to its strategic location and ...

Following the ousting of Bashar al-Assad, Syria's new government is inviting investment in its oil and gas sector. The U.S.

Inflation could increase if U.S. fiscal policy under the new administration stimulates demand and the Federal Reserve stays ...

In the context of China’s broader challenges, this all makes sense. Its economy is struggling. Its leaders want to avoid US ...

support for purchase of oil for the country's strategic petroleum reserves (SPRs), the budget document showed on Saturday. Silos at an oil refinery operated by Bharat Petroleum Corp. Ltd., in ...