In response to Donald Trump’s statements regarding pressure on OPEC-plus to reduce oil prices and the potential impact on the ...

Kuwait's largest oil field, the second-largest in the World, after Saudi Arabia's Ghawar, called Burgan has been producing oil for nearly a century. We don't know much about the situation in ...

The energy giant is spending nearly $50 billion to expand the Tengiz oil field, allowing it to pump one million barrels a day ...

Feb 4 (Reuters) - Shell (SHEL.L), opens new tab said on Tuesday it has restarted production at the Penguins oil field in the UK North Sea, with a new floating, production, storage and offloading ...

This recognition of the North Ghawar Oil Producing Complex follows four other Aramco facilities being included in the Global Lighthouse Network. They are Uthmaniyah Gas Plant, Khurais oil complex, ...

Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...

Iraq may raise the maximum production expectation for its giant West Qurna 1 oil field in the next 5 years. The history of the Middle East since the 1990s has been in many aspects been defined by ...

Riyadh: Saudi Arabian Oil Company (Aramco) has announced that North Ghawar Oil Producing Complex became Aramco’s fifth facility to be added to the Global Lighthouse Network of the World Economic Forum ...

Aramco’s North Ghawar Oil Producing Complex has become the company’s fifth facility to be added to the World Economic Forum (WEF) Global Lighthouse Network, having been recognised for its ...

chief executive of the oil field services company Liberty Energy, said in an interview before Mr. Trump tapped him to lead the Energy Department. The industry, Mr. Wright said, is “on a trend ...

Kuwait Oil Company has unveiled a key offshore oil and gas discovery in the Al-Jlaiaa field. The discovery represents the second prominent offshore find made by the Kuwait Petroleum Corporation ...

Mohammed Yassin Hassan, director general of the company, said the new discovery is expected to add more than 2 billion barrels to Iraq's oil reserves, according to a statement by the company. Initial ...