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KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) plans to sell its stake in Iraq’s giant Majnoon oil field, sources said. Petronas has decided to withdraw from its 30% participating interest in ...

State-run Basra Oil Company has signed two agreements with US energy major Halliburton to develop the Nahr Bin Omar and Sinbad oil fields. The agreements include sharing all data and information ...

Feb 4 (Reuters) - Shell (SHEL.L), opens new tab said on Tuesday it has restarted production at the Penguins oil field in the UK North Sea, with a new floating, production, storage and offloading ...

DUBAI, Jan 20 (Reuters) - Kuwait Oil Company said it has made a discovery "of large commercial volumes of hydrocarbons" at Al-Jlaiaa offshore field estimated at 800 million of medium-density oil ...

Kyiv has made a concentrated effort throughout the war to hit numerous Russian oil depots, refineries, manufacturing plants, and more to injure Moscow's ability to keep fighting. Newsweek's map ...

The 13 oil fields acquired in the Potiguar Basin are adjacent to Petro-Victory´s existing assets (see Figure 1). The Potiguar Basin is the most oil prolific basin onshore Brazil, and the newly ...

Chris Wright, the CEO of oil field services company Liberty Energy and expected head of the Energy Department under President-elect Donald Trump, stated, “You won’t see a lot of job growth in ...

Kuwait Oil Company has unveiled a key offshore oil and gas discovery in the Al-Jlaiaa field. The discovery represents the second prominent offshore find made by the Kuwait Petroleum Corporation ...

British energy major Shell, which owns the Jackdaw gas condensate field 250 kilometres (155 miles) east of the Scottish city of Aberdeen, and Norway's Equinor, the majority owner of Rosebank oil ...