Aramco’s prestigious LTA arrangement involves multiple international contractors, which are responsible for carrying out ...

Asharq Al Awsat Saudi Minister of Energy Prince Abdulaziz bin Salman, his American counterpart Chris Wright and Aramco CEO Amin Nasser visited on Monday the Kingdom’s first ever oil well - Well No. 1 ...

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 ...

Newly discovered offshore oil and gas deposits in Pakistan’s territorial seas could be brought to surface by Pakistan and Turkey.

The discoveries include six fields and two reservoirs of Arabian oil, as well as two fields and four reservoirs of natural ...

SINGAPORE (Reuters) -Saudi Arabia, the world's top oil exporter, on Sunday slashed its prices for Asian buyers to close to their lowest level in four years, adding to speculation it is seeking to ...

Saudi Arabia’s anger at Kazakhstan and other over producing nations was the key driver behind a shock decision by the OPEC+ oil group to open taps on Thursday and might not be reversed even if oil ...

A decommissioned pumpjack is shown at a well head on an oil and gas installation near Cremona, Alta., Saturday, Oct. 29, 2016. THE CANADIAN PRESS/Jeff McIntosh A new version of a government ...

“And while all offshore oil and gas drilling is dangerous, the age of the Santa Ynez Unit infrastructure heightens the inherent risks.” The transformation of the energy sector. Polic ...

In 2022, Danish company Copenhagen Energy announced plans for a 3GW offshore ... well established. In 2023, the Offshore Coalition for Energy and Nature identified 80 measures to minimise offshore ...

The program helps states tackle abandoned wells that can leak planet-warming methane into the air and potentially harmful chemicals into drinking water. A federal program that helps states plug ...

That’s well below the $91 per barrel that the International Monetary Fund (IMF) thinks is the oil price needed to balance Saudi Arabia’s budget. With many uncertainties about global trade and ...