The 28 joint fields, which occupy nearly the entire northern coast of the Persian Gulf, represent 30% of Iran's gas reserves and 20% of its extractable oil, according to Iran International. Though ...

The 28 joint fields, which occupy nearly the entire northern coast of the Persian Gulf, represent 30% of Iran's gas reserves and 20% of its extractable oil, according to Iran International.

BP has made its largest oil and natural gas discovery in 25 years off the coast of Brazil, it said Monday, in a potential big ...

The oil and gas industry in the Gulf has been taking precautionary measures, with the Bureau of Safety and Environmental Enforcement reporting that as of 11:30 a.m. Central time, personnel have ...

Hours later, the anti-terrorism department said the Baadre oil field, located in the Sheikhan district of Dohuk province, was ...

BP is seeking to bolster oil and gas in its portfolio to regain investor confidence and revive underperforming shares.

Two oil and gas fields were taken by Iraq's KAR Group - the Dimah field in eastern Maysan province, and the Sasan & Alan fields in Iraq's northwestern Nineveh province - the ministry said.

Oil and gas explorers are prioritizing low-risk, near-field exploration due to financial constraints and a shrinking pool of prospective basins, leading to a surge in infrastructure-led ...