Prince Abdulaziz said Jabu oil field has been discovered in Eastern Region, following the flow of Arabian Extra Light Oil in "Jabu-1" well at a rate of 800 barrels per day (bpd), while Sayahid was ...

Iraqi parliament’s oil and gas committee had criticised the Ministry for awarding the deal to that company on the grounds it is little known and does not have the technology to develop such an immense ...

An oil company developing a large field on Alaska’s North Slope has reached a deal with ConocoPhillips over the use of roads needed to access that field and other prospects. Santos, the ...

Equinor, the Norwegian energy giant, has commenced production at the Johan Castberg oil field in the Barents Sea, marking a milestone in Norway’s northernmost offshore oil development.

The sites will be supported by a worker camp ... oil, the discovery would likely be just the start of more intense environmental battles to come. Given the large cost of building a new oil field ...

Senegal’s Sangomar offshore oil field reached a record production of 3.08 million barrels in March 2025, according to the monthly operating report released this Monday. The report indicates that the ...

Oil and gas companies are increasingly focusing on near-field or infrastructure-led exploration (ILX) to reduce costs and risks in a challenging market environment. ILX drilling has shown a ...

Crude oil was spewed over an agricultural field some 300 yards south of the pump station. According to reports, no structures or human life was impacted by the spill. "Our primary focus right now ...

The oil has been confined to a nearby field. The size and cause of the spill are under investigation. Oil was reported surfacing 300 yards south of the pump station in a field and emergency personnel ...

DUBAI (Reuters) -Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or cut spending after a plunge in crude prices, complicating plans to fund ...

Benchmark Brent crude oil has neared four-year lows Oil revenue made up 62% of state budget last year Kingdom and sovereign fund need more debt, analysts say Oil giant Aramco, long-time cash cow ...