China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...

He said work on both fields could continue while the new information was gathered but no oil and gas could be extracted unless fresh approval was granted. Shell's Jackdaw gas field in the North ...

Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.

Gulf of Suez Petroleum Co. (GUPCO) confirmed reserves with the East Crystal-1 exploratory well in an integrated concession ...

Pre-stack depth migration (PSDM) processing of the new 2022 lines over the high-graded Kobi and Waru prospects was delivered ...

US futures settle at lowest so far this year US crude oil inventories rose last week, EIA says US still plans to impose tariffs on Canada, Mexico Saudi and other OPEC+ ministers meet next week Jan ...

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2-Year U.S. Treasury Note Continuous Contract $102.867-0.027-0.03% 5-Year U.S. Treasury Note Continuous Contract $106.523-0.094-0.09% 10-Year U.S. Treasury Note Continuous Contract $109.016-0.219 ...

1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 542.72 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.76 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter 0.46 ...

Originally projecting 5.4 million barrels of oil equivalent-worth of best estimate contingent resources, Karoon now believes its interest in Who Dat East may contain 15.7 million boe following the ...

but they generally make money from retrieval via drilling on an oil rig or fracking in gas field—not sales. Upstream companies often face significant financial hurdles since drilling and mining ...

The price of oil is the most important value on the international commodity markets. Crude oil is the most important commodity and emerging industrial markets such as China, India and Latin ...