European countries are loosening their strict opposition to new oil and gas drilling, reversing years of climate-driven ...

Brazilian state-run oil firm Petrobras expects to maintain its oil production at some 2.6 million or 2.7 million barrels per ...

An update from Aker BP ASA ( ($GB:0M5J) ) is now available. Aker BP’s Edvard Grieg field celebrates its tenth anniversary of production and ...

Suriname’s long-stalled offshore oil ambitions are finally advancing, led by TotalEnergies and Petronas, creating hopes of an ...

Lebanon and Cyprus have signed a maritime demarcation deal, paving the way for energy cooperation between the two countries, including exploration of offshore gas fields in the Mediterranean.