Oil major BP has made a new oil and gas discovery in Egypt's King Mariout Block in the Mediterranean Sea, Egypt's Prime ...

The South Korean government has determined that one of the potential oil and gas prospects under exploration in the East Sea lacks economic feasibility, the Industry Ministry said Thursday, reporting ...

The Great Whale Project's first drilling revealed insufficient hydrocarbon levels to justify further exploration, though six ...

Energy giant Woodside says consumers are headed for a blowout in gas bills after years of drilling bans have left Victoria and NSW in a perilous position.

South Korea has failed to confirm the economic feasibility of one of the potential oil and gas reserves in the East Sea, the ...

Africa Oil Corp. ("Africa Oil", or the "Company") notes the announcement by its investee company, Impact Oil & Gas Limited ...

Norwegian energy giant Equinor is halving investment in renewable energy over the next two years while increasing oil and gas ...

South Korea's hopes for a major oil and gas project off its east coast may not be economically feasible, according to initial drilling results, the Yonhap news agency reported on Thursday citing, the ...

Last year’s withdrawal of the Thompson Divide region from future oil and gas leasing and recent national monument actions are headed for possible reconsideration based on one of several orders ...

A lawsuit filed by the Center for Biological Diversity, the Sierra Club, Friends of the Earth, and the California Asthma Collective, claims the expansion of oil in California's San Joaquin Valley ...

Operator OMV Petrom says the Neptun Deep development is on schedule, as it details its importance to the company and the host country, Romania ...

Our expectations for profitability improvements coupled with the firm’s history of conservative balance sheet management leave us confident that NOV will maintain adequate liquidity to service its ...