By Newsbase MENA syndicate Iran has struck new deposits of “unconventional” oil estimated to hold up to 5bn barrels ...

The province has announced it will collect bitumen royalties in the form of the heavy oil itself, as opposed to cash.

Iraq supplied more than $400 million worth of oil exports to the United States in January 2025, according to the US Census ...

By Newsbase MENA syndicate Iran has struck new deposits of “unconventional” oil estimated to hold up to 5bn barrels ...

Indonesia will build oil refineries on several of its islands, including Kalimantan and Sulawesi, with a total capacity of 1 ...

Uncertainty has taken hold of oil markets in recent weeks due to a combination of trade wars, supply increases from OPEC+, ...

CALGARY - The Alberta government says Premier Danielle Smith has been in talks with a multinational oil and petrochemical ...

Alberta’s government is moving ahead with plans to allow oil sands producers to pay their royalties in bitumen, letting it ...

ExxonMobil's Longtail project offshore Guyana will be the largest natural gas development in the Stabroek Block, targeting ...

Meanwhile, Occidental has run four pilot tests in the Midland basin using carbon dioxide for enhanced recovery. The early ...

Canadian province touts benefit of heavy oil royalties, as government and industry eye mothballed east-west pipeline projects ...

Heineken Lokpobiri the Minister of Petroleum Resources (Oil) has denied claims that its crude oil for naira deal has been ...