D Energi reports a new gas-condensate discovery offshore Australia supported by successful Ora formation testing.

Australia's 3D Energi on Thursday confirmed gas discovery within two of its reservoirs at the Essington exploration permit in the offshore Otway Basin.

U.S. sanctions have forced the dismantling of Lukoil’s overseas empire, turning it into one of the most politically charged energy auctions since the Cold War.

The discovery was made by the Gulf of Suez Petroleum Co., a joint venture between Egyptian General Petroleum Corp. (EGPC) and ...