The firm’s chief executive said the field in the Baltic Sea might eventually produce up to 40,000 barrels of oil a day, ...

Authorities at the scene say they believe the explosion happened because of a pocket of gas that was ignited while some poles ...

But so far, the industry has hardly lived up to its potential as a positive force for the climate. Also in that report, the ...

Iraq exported over 98 million barrels of crude oil in June, bringing in more than $6.6 billion in revenue, according to the ...

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CNOOC Ltd has commenced heavy crude production at its Kenli 10-2 Oilfields Development Project, the largest shallow ...

As the companies that help oil and gas producers stand up new wells, service companies are often quick to see revenue drops ...

Despite sanctions, the EU continues to import fossil fuels from Russia, but the discovery of a new oil field could help ...

Shell, Norway’s Aker BP and Canada’s Enbridge have all quit the expert advisory group of Science-Based Targets initiative ...

One of the UK’s leading trade union chiefs has warned Keir Starmer’s ban on new oil and gas developments is halting Anas ...

The Iraqi Oil Ministry signed a deal with Schlumberger to develop the Akkas gas field in the western Iraqi province of Anbar.

Shell and other leading energy groups have abandoned a six-year-long attempt to define a net zero emissions strategy after ...