has experience in upstream field development and production in the Kapal Banang Meranti Small Fields Risk Service Contract in 2012. Petra Energy was the sole operator of the Banang oilfield ...

DUBAI, March 12 (Reuters) - Libya's Mabruk Oil Operations has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National Unity (GNU ...

The current efforts to limit liability in the oil and gas industry are part of a larger pattern of deregulation that has reshaped trucking and oil field work over the past four decades.

The Buzios7 project of the Buzios oilfield in Brazil - the world's largest deepwater oil field, in which China National Offshore Oil Corp (CNOOC) has participated and holds an interest ...

NEW YORK, March 12 (Reuters) - Oil prices rose 2% on Wednesday, as U.S. government data showed tighter-than-expected oil and fuel inventories, though investors kept an eye on mounting fears of a U ...

LONDON—BP BP0.32%increase; green up pointing triangle said it would boost oil-and-gas production and sharply cut investments in clean energy, pivoting back to fossil fuels in a bid to revive its ...

Oil fell to the lowest closing price this year after the breach of a key technical level accelerated losses driven by the possibility of increased flows from Iraq, weakening the prospects of ...

Oil prices slipped on Thursday after a surge in the previous session on a larger-than-expected draw in U.S. gasoline stocks, as markets weighed macroeconomic concerns against firm near-term demand.

Iraq and Kurdistan expect to complete all work to resume oil exports from the semi-autonomous Iraqi region by the end of March, following a two-year hiatus due to a dispute over authority over ...

When Rhiannon Kymer opened the doors of her oilfield supply store in January, she was betting on a boom. Kymer, 44, and her father and business partner, Henry Burdick, closely watched the run-up ...

Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s evolution into a major oil state just nine months ahead of hosting the ...