The licences were issued by the Conservative government in 2024 and extend over 9413 km squared of UK waters – approximately half the size of Wales. The current Labour Government has previously said ...

Omega Oil & Gas has flowed 452 barrels of oil and 0.6 million standard cubic feet of gas per day ... Read More The post Omega’s Canyon-1H stuns with strong oil flow in addition to gas appeared first ...

Akakus Oil Operations Company reported today that it has successfully recovered production of the H-46 well at a rate of 650 barrels of oil per day, as part of its ongoing efforts to boost production.

But in practice, the oil market doesn't work that way. "The more you export, the more you expose prices domestically to those international prices as well," said Baird Langenbrunner of Global ...

‎Akakus Oil Operations Company announced today the completion of drilling of new well B-52H in the Sharara field, with a production of up to 1,750 barrels bpd. Akakus said this comes as part of its ...

LONDON—BP BP0.34%increase; green up pointing triangle said it would boost oil-and-gas production and sharply cut investments in clean energy, pivoting back to fossil fuels in a bid to revive its ...

The logo of Galp is displayed at a petrol station in Ronda, Spain February 14, 2025. REUTERS/Jon Nazca/File Photo LISBON, Feb 25 (Reuters) – Portuguese oil company Galp GALP.LS said on ...

LISBON, Feb 25 (Reuters) - Portuguese oil company Galp (GALP.LS), opens new tab said on Tuesday it had found significant presence of light oil and gas condensate in a fifth well in Namibia's ...

Thousands of oil and gas wells in the Gulf of Mexico no longer in use need to be removed from the water, causing an environmental and economic problem at a time when the Trump administration wants to ...