Oil prices dropped despite massive U.S. supply disruptions and renewed Middle East tensions, as weak demand kept crude under pressure while natural gas surged on winter-driven demand.

Pakistan’s state-owned Oil and Gas Development Company Limited announced a significant oil and gas discovery in the Khyber ...

By Florence Tan SINGAPORE, Jan 26 (Reuters) - Oil prices extended gains on Monday after climbing more than 2% in the previous ...

The new oil deposit, discovered off Riau by EMP's subsidiary Imbang Tata Alam, estimates an OOIP of 31 million barrels for a ...

According to a report from Bloomberg, Continental Resources founder Harold Hamm said he plans to stop drilling in North ...

Here’s a look at crude oil reserves and production around the world. Facts Crude oil is a form of liquid petroleum, extracted ...

A new discovery in the Permian Basin is challenging the narrative that shale oil and gas in the United States is declining.

In this report, I will analyse the Hamm’s Bakken shutdown, BP’s green write-downs, the US–EU Greenland tariff dispute and a ...

Trouble follows oil like a shimmering slick, challenging the ideals of a presumed enlightened world. Ever since Edwin Drake’s ...

IOC and BPCL’s joint venture UBPL has discovered oil in Abu Dhabi’s Onshore Block 1, strengthening India’s overseas energy ...

Oil and Gas Development Company Limited (OGDC), the operator of the Nashpa Exploration Licence, on Tuesday announced another oil and gas discovery at its exploratory well Baragzai X-01 (Slant), ...

The United States has 74 billion barrels of proven oil reserves -- mainly in Alaska and the Bakken Formation (Montana, North ...