Norway's Equinor has traded interests in multiple offshore discoveries with compatriot Wellesley Petroleum that should serve to enhance new field developments and production ambitions. The swap deals ...

CNOOC Ltd chief executive, Zhou Xinhuai, called the discovery a “first-of-its-kind” for China’s offshore sector. He said it sets a strategic precedent for buried hills exploration and deep play ...

The plan would offer 122,546 acres of San Luis Obispo County lands to oil and gas leasing, according to the Los Padres ...

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 ...

Total oil futures and options lots traded on the Intercontinental Exchange (ICE) hit record highs in the second quarter, as U.S. President Donald Trump waged a trade war and geopolitical conflicts ...

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 ...

ODESSA, Texas -- At least three times a week, Darin Mitchell gets the call. Oil drums have been stolen. Copper wires were yanked. Other field equipment at an oil and gas facility was pilfered. The ...

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