BP chief executive Murray Auchincloss is bullish about the UK supermajor's recently signed deal with the Iraqi government to ...

Iraq’s biggest oil field has recovered from a January fire, boosting nationwide output but posing a challenge to OPEC-plus ...

Iraq sent a delegation to Damascus on Friday to study the possibility of restoring an Iraqi oil pipeline that transports oil ...

The production capacity of the BGC has been significantly increased, with the addition of 80 million standard cubic feet of gas.

TotalEnergies announces the start of production from the deepwater Ballymore field offshore U.S., in which ... capacity of 75,000 barrels of oil per day and 50 million cubic feet of gas per ...

Global oil prices have tumbled since President Donald Trump's tariff announcement. Urals crude fell to $47.50 a barrel last week, the lowest level for almost two years. Russia may offset lower oil ...

Flares burn at the Rumaila oil field on June 6, 2020. To fight natural reservoir decline and achieve its production potential, the field needs increasing supplies of water. (JASSIM AL-JABIRI/Iraq Oil ...

NEW YORK, April 17 (Reuters) - Oil prices settled more than 3% higher on Thursday, supported by hopes for a trade deal between the United States and the European Union and new U.S. sanctions to ...

Vista Energy, the second-biggest crude producer in Argentina’s burgeoning Vaca Muerta shale patch, has bought Petronas’ 50% stake in an oil field there for about $1.5 billion. Vista will pay $ ...

Recently, the London-headquartered BP signed an agreement with ONGC to enhance Mumbai High oil field production. The OALP Round-IX covered 136,596 sq. km across 28 blocks. The distribution of ...

Oil field servicers often provide the first indication of an industry downturn because they’re the ones hired to drill and frack new wells. After the trade war and OPEC’s recent decision to ...

As Abby Cole reports, leaders are hopeful this will prolong the life of the oil field by more than a decade. Russian officers' families flee en masse from occupied Crimea - ATESH Martha Stewart ...