The USGS has identified 473 million barrels of oil and 27 trillion cubic feet of gas in the Mowry Composite system across ...

Iran has struck new deposits of “unconventional” oil estimated to hold up to 5bn barrels altogether, the head of the ...

And like the oil industry’s early days in the 19th century, it’s spawning a wave of drilling startups vying to be first to find big deposits. “View them like oil wildcatters right now ...

Brazil's state-run oil company Petrobras said on Tuesday it has discovered oil deposits in the ultra-deep waters of the Potiguar basin, in the Equatorial Margin. This is the second well in ...

Hundreds of homesteads in Teso want the government to disclose details on the exact locations of the newly discovered crude oil deposits. Several residents indicated they are anxious, especially ...