This year marked the return to boosting oil and gas production, and with it—increased exploration efforts in key basins and promising new frontiers. Guyana, Suriname, Namibia, and Brazil have seen ...

Japanese oil and gas firm Japex is pivoting back to its core business after seeing poor returns in the renewable energy sector, as it becomes the latest major company to scale back green energy ...

ConocoPhillips plans to hunt for more oil this winter in the National Petroleum Reserve-Alaska where it’s already developing the giant Willow field, according to a statement from the company. The ...

The contracts, which include the world's first competitively awarded native hydrogen exploration licenses, went to companies from Australia, Israel, the Philippines, Singapore, the UK and the USA, ...

Oil and gas are key energy fuels, and ASX-listed oil and gas stocks could benefit from their price moves. For the most part, 2025 was a volatile year for both the oil and gas markets. In the first ...

CNOOC declared an oil and gas discovery in the Weizhou 10-5 field, marking a 'breakthrough' in the exploration of Paleozoic buried hills in the Beibu Gulf of the South China Sea. CNOOC Ltd. announced ...

OSLO, May 6 (Reuters) - The Norwegian parliament on Tuesday ordered the Labour minority government to launch a new frontier areas oil and gas exploration licensing round, setting the stage for ...

Explore the key differences between successful-efforts and full-cost accounting methods for oil and gas companies, including their impact on expenses and financial transparency.

Vienna-based OMV has made an oil discovery onshore Libya, according to the country's state oil company. Libya's National Oil Corporation (NOC) reported late last week that OMV's B-1 exploration well ...

Mark Ireland has previously received funding from companies with fossil fuel interests. “We are going to get all our oil and gas out of the North Sea”, Conservative Party leader Kemi Badenoch said ...