Global oil markets are set to experience the largest surge in new supply in a decade, but whether this oil reaches the market ...

BP has received final government approval for the redevelopment of Iraq's giant Kirkuk oil fields, with an initial plan to ...

Portugal-based energy firm Galp on Tuesday announced a new light oil and gas-condensate discovery offshore Namibia, which has become one of the world’s latest exploration hotspots. Galp and its ...

New gas and oil reserves have been discovered ... and over 150 barrels of light oil. The natural reserves from the well have a pressure of 2,800 pounds per square inch (PSI) as the extracted ...

The combined company will be the largest Alberta Montney and Duvernay landholder, a prominent light oil producer in Saskatchewan ... synergies, creating new opportunities, and setting the stage ...

QUITO, March 3 (Reuters) - Ecuador's government awarded an onshore oil contract to a consortium led by China's state-owned producer Sinopec (600028.SS), opens new tab on Monday, in a push to grow ...