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

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 ...

Chevron and other oil companies are cutting thousands of positions, while offshoring more white-collar jobs to the country.

(Bloomberg) Oil rose with the closure of Libya's largest oil field in a market that is already undersupplied, obscuring signs that closures in China are affecting its economic growth. Brent crude ...

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

Vallourec, a provider of premium seamless tubular solutions, has announced that it has secured a major contract with Allseas ...