The Búzios oil field, a large ultra-deepwater oil ... for this consortium.The Búzios field is said to be the largest field in the world in ultra-deep waters, which already accounts for over ...

The main areas of Saudi Arabia’s oil reserves include the Ghawar Field (the world’s largest onshore oil field) and the Safaniya Field (the world’s largest offshore oil field). Both of these ...

Oil production in the world’s largest importer of the commodity hit an all-time high of 4.6 million barrels daily.

The oil producer is also involved in Renault and Geely’s Horse Powertrain joint venture. Saudi Aramco, the world’s largest oil producer and fourth-largest company by revenue, knows that the ...

Iran has awarded US$17 billion of contracts to attempt to reverse a dramatic projected production decline from the world’s biggest gas reservoir. Qatar is in the midst of a programme to boost ...