Lukoil has pledged to invest at least $22.5 million in oil extraction and drill a minimum of six wells. Egypt’s Oil Ministry ...

The move is part of efforts to increase the nation’s oil production to over 2 million barrels per day before the end of 2025.

Explore how Saudi Aramco's advanced oil production technologies are not only revolutionising the energy sector but also ...

Earthquakes spark debate about links to oil extraction, raising concerns about seismic activity and drilling practices.

On the night of Dec. 15, 2024, two Russian oil tankers, Volgoneft-212 and Volgoneft-239, sank in the Kerch Strait, a narrow ...

A bill seeks to encourage drilling for oil outside of North Dakota’s highly productive Bakken Formation and take advantage of ...

But research shows that different seed oils have varying effects on risk for heart disease. Furthermore, seed oils have also been shown to increase risk for migraines. This is likely due to their high ...

Through this deal, announced in December, Ecopetrol has acquired full ownership of this key asset in the Piedemonte Llanero ...

Mexican state-owned oil firm Pemex is set to have a wider berth to operate jointly with private companies under a bill sent to Congress on Wednesday, loosening restrictions implemented by the previous ...

President Donald Trump’s recent decision to reinstate a goal from his first presidency to bring Iran’s oil exports to zero has had little impact on crude prices so far.