The experts stressed the need for Kuwait and other Gulf nations to diversify their income sources, and attract foreign ...

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 ...

BP plans to add six new wells to its operation in Azerbaijan's Shah Deniz gas field in the Caspian Sea to ensure stable ...

The future of the Rosebank project and Shell's Jackdaw project have been in doubt after a court overturned their approvals, ...

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 ...

Maydan Mahzam expansion involves four key EPIC packages, with tenders recently floated for the first two packages comprising ...

Chris Wright, the CEO of oil field services company Liberty Energy and expected head of the Energy Department under President-elect Donald Trump, stated, “You won’t see a lot of job growth in ...

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 ...

Ukraine has ramped up long-range drone strikes into Russia, targeting oil facilities that fuel warplanes, ships and military vehicles as well as oil refineries that help power the economy.