Shell restarted production at the Penguins oil field in the U.K. North Sea with a new floating, production, storage and ...

The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...

China National Offshore Oil Corp has commenced production at the Bozhong 26-6 oilfield development project (Phase I), the ...

Tengizchevroil, a 50%-owned affiliate of oil producer Chevron, has commenced crude oil production from the third-generation ...

Mach Natural Resources LP announces public offering to pay debt, save on interest costs, and potentially increase cash for ...

Shell has restarted production at the Penguins field in the UK North Sea with a new FPSO, boosting domestic oil and gas output.

Ukraine has targeted two of Russia's oil refineries in drone strikes in an effort to bankrupt their ability to continue ...

Shell said on Tuesday it has restarted production at the Penguins field in the UK North Sea with a modern floating, production, storage and offloading (FPSO) facility.

A tariff on oil imports could lead to lower production of fuel at those facilities and drive up costs for consumers, analysts ...

The FGP aims to increase the oilfield's annual output of crude oil by 12 million tonnes (mt). Once all facilities are fully operational, Tengizchevroil's total annual production of crude oil is ...

Environmentalists are worried the state — known for a lax approach to regulation — is not prepared for the added ...

Shell plc, the multinational oil and gas company, announced on Tuesday that it has resumed oil production at the Penguins oil ...