Brazilian state-run oil firm Petrobras has confirmed the presence of oil in a well at its offshore Buzios field, the firm ...

World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

The Bohai 26-6 Phase I project has begun production and aims to peak at around 22,300 barrels of oil equivalent daily by 2025 ...

LONDON, Jan 31 (Reuters) - Syria is seeking to import oil via local intermediaries after its first post-Assad import tenders garnered little interest from major oil traders due to ongoing ...

The project, conducted by the Gulf of Suez Production Company (GUPCO) in collaboration with Emirati company Dragon Oil, estimates about eight million barrels of crude oil to be found in 2025 alone.

A record-breaking dive in the world's deepest trench was marred by the discovery of plastic waste on the seafloor. American diver Victor Vescovo descended nearly seven miles to the deepest part of the ...

DAVOS, Switzerland-US President Donald Trump demanded that Opec lower oil prices and that the world drop interest rates, in a speech to global business and political leaders. He also warned them ...

WASHINGTON, Jan 22 (Reuters) - U.S. oil and gas producers are thrilled that ... sending a signal to the rest of the world the U.S. will no longer engage in multilateral efforts to combat climate ...

Mohammed Yassin Hassan, director general of the company, said the new discovery is expected to add more than 2 billion barrels to Iraq's oil reserves, according to a statement by the company. Initial ...

A top Trump official has said the new US administration will threaten Russia’s fuel sector to force Vladimir Putin into a deal to end the war in Ukraine. Robert Wilkie, who leads Donald Trump ...