Petrobras and its partners have initiated oil production at the Búzios 6 project via the P-78 floating production, storage ...

The newest development is designed to produce up to 180,000 barrels of oil per day and 254.27 million cubic feet of gas per ...

U.S. October oil production increased by 31 kb/d to 13,870 kb/d, another new record high. The largest increases came from the ...

The world is producing more oil than it needs, so 2026 prices are expected to be lower. The question is how low a barrel will ...

The total number of active drilling rigs for oil and gas in the United States rose by 1 this week, according to new data that ...

Ukrainian aerial drones struck a Russian oil platform in the Caspian Sea for the first time on Thursday, halting production ...

The Sable Offshore Corp. oil platform Harmony is visible last month from Refugio State Beach. (Michael Owen Baker / For The Times) Almost 10 years to the day after a massive oil spill fouled the Santa ...

Chevron Corp. delivered first oil from the South N’dola platform in Block 0 offshore Angola in December.

Production from West Azeri began on 30 December 2005, signaling the start-up of Phase 2 of the ACG full field development.

A Santa Ynez Unit offshore oil platform as seen from El Capitán State Beach in southern Santa Barbara County. Credit: Giana Magnoli / Noozhawk file photo Sable Offshore Corp. announced that it resumed ...

A gas leak at Petrobras' P-40 offshore oil platform in Brazil's Campos basin on Thursday has led to the preventive shutdown ...

Sable Offshore has not completed all necessary steps to restart oil production locally a state regulator confirmed ...