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

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 ...

Enhanced oil recovery in unconventional reservoirs has been stymied by its low-permeability, low-porosity environment.

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

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

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

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% ...

"PetroTal's 2024 year-end reserves evaluation represents a satisfying conclusion to a successful year for the Company. Proven reserves for the Bretana oil field now exceed 60 million barrels.

Iran is turning to solar energy to address its worsening electricity shortages, signing agreements with private investors to ...

Ecopetrol, Colombia's state-run energy company, reported an increase in its 1P reserves to 1.89 billion barrels of oil equivalent for 2024. Despite political discussions surrounding energy ...