For the U.S. major, the project would be a means to reach its production target of 300,000 net barrels of oil equivalent by 2026. The field’s recoverable reserves are estimated at some 480 ...

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 ...

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 ...

in the North Burbank oil field in Osage County. The company makes up a significant portion of the Osage Minerals Council’s daily production, according to Chairman Myron Red Eagle. The council owns the ...

BP investment would be over course of 25-year profit-sharing agreement Project aims to raise capacity to 450,000 bpd in 2-3 years Contract expected to be signed in the first half of February.

Iraq may raise the maximum production expectation for its giant West Qurna 1 oil field in the next 5 years. The history of the Middle East since the 1990s has been in many aspects been defined by ...

ERBIL, Kurdistan Region - British energy giant, British Petroleum (BP), will start working on the development of Kirkuk province’s oil and gas fields, the governor said on Tuesday.

Algeria on Saturday rejected France's accusation of escalation, denouncing a "campaign of disinformation" in their latest diplomatic row after Algiers sent back to Paris an influencer deported ...

A Scottish court on Thursday ruled against the development of two oil and gas fields in the North Sea in a "historic win" for two environmental groups. Scotland's Court of Session agreed with ...

A judge has upheld a legal challenge against a decision to grant consent to two new oil and gas fields (Andre Milligan/PA) A judge has upheld a legal challenge by environmental campaigners against ...

Indian exports to Algeria rose from USD 613 million in 2022-23 to USD 848.16 million in 2023-24, marking a steady recovery. (ANI) (The story has come from a syndicated feed and has not been edited ...