A new study estimates that the world’s biggest corporations have caused $28 trillion in climate damage, which is a shade less ...

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

Iran is increasing natural gas production from Phase 11 of the South Pars field, following the activation of a new well.

For comparison, $28 trillion is a shade less than the sum of all goods and services produced in the United States last year.

Oil and gas group Shell plans to complete a marine survey at Venezuela's offshore Dragon gas field before a U.S.-set May ...

Sikorsky and Bristow Group Inc. announced a long-term agreement to provide enhanced support for Bristow's S-92 helicopter ...

Our regional geological models indicate that the promising Fold Belt play, known for hosting some of the world's largest ...

BP has made an oil discovery at the Far South field in the U.S. Gulf of Mexico, it said on Monday, as the energy major seeks ...

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 ...

Off the coast of Nigeria, one of the world’s largest oil production ships, called the Bonga, was taking oil from a field on the ocean floor and transferring it to a tanker ship. Such transfers are ...

Saudi Arabia plans to displace 350,000 bpd of crude burn with its Jafurah project by 2030, shifting to gas for power and ...