Many African countries depend on oil for economic growth, energy generation, and revenue collection, making it a crucial ...

Chevron's oil and gas reserves have fallen to the lowest point in at least a decade, highlighting the importance of the U.S.

Colombia's Ecopetrol booked its biggest increase in proven oil and gas reserves in three years in 2024, rising to 1.89 ...

Suriname's state oil company, Staatsolie, is seeking $1.5 billion in funding to participate in the development of the Gran ...

China's first oilfield from with reserves of super-heavy oil begins extracting reservoirs through thermal recovery. Luda 5-2 ...

Ecopetrol has announced a substantial increase in its proven oil, condensates and natural gas reserves as of 31 December 2024 ...

Oil remains a key resource for economies globally, particularly in Africa, where several countries depend on it for revenue ...

ExxonMobil has contracted Norwegian seismic acquisition player Shearwater GeoServices to acquire a 4D survey offshore Guyana, ...

1P and 2P reserves of 67.1 million barrels of oil ("mmbbls") and 113.7 mmbbls, respectively; Replaced 293% and 208% of 1P and 2P reserves, respectively; PDP reserve value per share increased 68% ...

Chevron’s (CVX) stalled acquisition of Hess (HES) is taking on even more importance for investors after the company’s oil and ...

Crude oil prices edged higher today, with Brent Crude and West Texas Intermediate (WTI) rising nearly 0.5 percent to $76.45 ...

The Chairman of the Organisation of Petroleum Exporting Countries (OPEC) Board of Governors, Adewale Adeyemo-Bero, has ...