So, here’s the scoop: a major oil discovery in Antarctica has got everyone buzzing, and it’s stirring up quite a debate about ...

According to estimates, the deep sea could contain up to 13% of as yet undiscovered global oil reserves and 30% of natural gas reserves. This is yet another reason for the increased political and ...

In this article, we are going to discuss the 16 countries with the largest proven oil reserves in the world. According to the US Energy Information Administration, proven reserves are ‘estimated ...

Rockhopper Exploration plc, the oil and gas company with key interests in the North Falkland Basin (“NFB”), has reported on the recent update published by Navitas Petroleum LP on Sea Lion ...

Aberdeen and Grampian Chambers of Commerce (AGCC) is praising the climate change sceptic Donald Trump, would-be wrecker ...

The North Sea Transition Authority (NSTA ... That's because when the oil boom came we targeted the biggest reserves first which were easiest to exploit. Nowadays, operators are focused on ...

EU sanctions and new US measures have led to a decline in Russian oil shipments via the Baltic Sea, impacting the shadow ...

BAGHDAD - The state-owned Iraqi Midland Oil Company said on Monday that it has discovered huge oil reserves in the East ...

Around 50% of known oil reserves are found in the Middle East ... At present, just under half of the UK's natural gas comes from the North Sea, although production has decreased as profits ...

ONGC has discovered oil and gas reserves in Mumbai offshore fields located in the Arabian Sea. Detailed assessment of the discoveries is in progress, the company said. ONGC’s director of ...