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Yonhap News Agency on MSNS. Korea secures extended exploration rights in Vietnam's major oil blockThe state-run Korea National Oil Corp. (KNOC) said Wednesday it has secured fresh exploration rights in Vietnam's ...
President Prabowo Subianto on Thursday announced that oil production at the Banyu Urip Oil Field in Cepu Block, East Java, ...
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40 oil block licences to expire in June – Report - MSNNo fewer than 40 oil licences will expire in June 2025, and the companies holding these assets may lose them unless the Minister of Petroleum renews their licences in accordance with the Petroleum ...
When Iran targeted ships in the Strait of Hormuz in the 1980s, the U.S. Navy escorted ships through the strait. This June, even without a formal closure, some oil tankers and supertankers — which can ...
A high-stakes corporate clash is unfolding between Chevron CVX and ExxonMobil XOM — two of the world’s largest oil companies. At the heart of the dispute is Guyana’s offshore Stabroek Block ...
State-owned Petrovietnam and its joint venture partners on Friday signed a new production sharing contract (PSC) for Block 15 ...
The oil and natural gas fields, called Rosebank and Jackdaw, are seen as tests for the flagging British oil industry because of their size and because Shell and Equinor are two of Europe’s ...
Shell begins commercial production at its Whale oil field in the Gulf of Mexico, ... Exploration at the offshore PEL39 block cost some $400 million, the Reuters report said.
A unit of Malaysian oil and gas giant Petroliam Nasional Bhd. sued South Sudan for allegedly blocking a sale of its assets for $1.25 billion and instead taking over that business.
British Prime Minister Keir Starmer indicated he would not stand in the way of the Rosebank oil and gas field, after a court blocked it, sending the decision to the government which had pledged ...
The Court of Session in Edinburgh has agreed to hear arguments brought by climate campaigners seeking to block the Rosebank oil and gas development in the North Sea on climate grounds.
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