China’s state energy company CNOOC said today it had discovered a new oil field in the South China Sea that could contain over 100 million tons of crude oil, equal to around 733 million barrels.

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 ...

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 ...

TotalEnergies announces the start of production from the deepwater Ballymore field offshore U.S., in which ... capacity of 75,000 barrels of oil per day and 50 million cubic feet of gas per ...

As Abby Cole reports, leaders are hopeful this will prolong the life of the oil field by more than a decade. Russian officers' families flee en masse from occupied Crimea - ATESH Martha Stewart ...

An expert in Argentina has hit out at plans to extract millions of barrels from a giant oil field near the Falkland Islands. The venture, expected to cost £3 billion, is a partnership between ...

Norway’s 86 billion kroner ($8.1 billion) Johan Castberg oil development in the Barents Sea has started pumping, the second major field to begin operations in the country’s Arctic waters.

A Chevron-led expansion of the Tengiz oil field near the Caspian Sea promises to add even more oil. Stanley Reed reports on energy, the environment and the Middle East from London. He has been 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 latest market shock is likely to further the trend, analysts said. Price shocks are already hitting the oil field, Ingham said, noting one of his member companies reported a 143% cost ...

Crude oil now costs 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on imports from most countries. By Rebecca F. Elliott Reporting on energy U.S ...

Petrobras received the PA-38 jack-up rig for Guaricema field shallow water well decommissioning ... Alex Procyk is Upstream Editor at Oil & Gas Journal. He has also served as a principal technical ...