A drone attack has targeted U.S.-owned oil and gas field in Iraq's Kurdistan region. No group has claimed responsibility, but Iraqi Kurdistan security sources said initial investigations concluded the ...

A drone attack halted production at the Sarsang oilfield in Iraq’s Kurdistan region on Tuesday only hours before its U.S.

Tullow Oil Plc and Gulf Energy Ltd. won an extension to submit a development plan for fields in Kenya, a crucial step to ...

Another producer in Iraq's Kurdistan region, Gulf Keystone Petroleum, said Wednesday that it has decided as a safety ...

Iraq’s Dhi Qar Oil Company has raised oil production by a combined 80,000 barrels per day across three strategic southern ...

Ecopetrol has confirmed the commercial viability of its Lorito oil field in Colombia’s Meta region — its most significant discovery in a decade — offering a rare boost amid ongoing ...

Equinor and its partners Vaar Energi and Inpex Idemitsu will invest more than 21 billion Norwegian crowns ($2.08 billion) to develop Norway's Fram South oil and gas field, the companies said on ...

Oil was proven in a new segment called the Tubåen formation 1,769 m below the Norwegian continental shelf seabed in 345 m of water.

Its main asset is the legendary behemoth Ghawar oilfield, which has an estimated 50 billion barrels of untapped crude oil reserves.

Oil prices were falling after recent gains. The market faces as risk that Iran retaliates against Israel airstrikes by closing the Strait of Hormuz, which is critical to global energy shipments.