The Permian Basin Petroleum Association says there is an encouraging amount of oil and natural gas drilling in the Basin and other experts report that the wide array of factors at play brews a great ...

Monday - Friday, 11:00 - 12:00 SIN/HK | 0500 - 06:00 CET Prateek Pandey, Head of APAC Oil and Gas Research, expects that commercial drilling and extraction activities in the Andaman Basin may require ...

The last time the oil industry chased a frontier like this, it changed the map of global energy. In 1968, a wildcat well on Alaska’s North Slope unlocked Prudhoe Bay, the largest oil field ever ...

Petrobras holds a 70% working interest as operator in block C-M-477, with bp possessing the remaining 30%.

BUFFALO — With ongoing technological innovation, oil drilling could eventually be a more profitable enterprise in the Powder River Basin, analysts say. As it stands, the northeast Wyoming oil play is ...

The Trump administration has seized and begun selling millions of barrels of Venezuelan oil following the ousting of leader Nicholas Maduro, aiming to control the world's largest oil reserves. This ...

BP (NYSE:BP) on Monday confirmed an oil and gas discovery in Namibia's offshore Orange Basin that African energy explorer and operator Rhino Resources had reported earlier this month, an area where ...

The US Geological Survey (USGS) released its assessment of potential for undiscovered oil and gas in Maverick basin formations in the Western Gulf basin province. USGS estimates that there are ...

Civitas Resources Inc. is exploring a sale of part or all of its assets in the Denver-Julesburg Basin, which could be valued at more than $4 billion, people with knowledge of the matter said. The ...