Opening any new North Sea oil and gas fields is incompatible with achieving the Paris Climate Agreement goals of limiting warming to 1.5°C or holding warming to "well below 2°C" relative to ...

NORTH SEA, Denmark (AP) — Appearing first as a dot on the horizon, the remote Nini oil field on Europe’s rugged North Sea slowly comes into view from a helicopter. Used to extract fossil fuels, the ...

The Ghawar Field in Saudi Arabia is the largest oilfield in the world, with an estimated 170 billion barrels of original oil in place. The Burgan Field in Kuwait, the Ahvaz Field in Iran, the Upper ...

Part of the solution to California’s ambitious decarbonization goals may, ironically enough, be found in the state’s oil patch. On a 560-acre plot of land in a dusty portion of the San Joaquin Valley, ...

Brazil's largest producing oil field has surpassed 1.1 million barrels per day as new offshore platforms ramp up production.

The energy giant is spending nearly $50 billion to expand the Tengiz oil field, allowing it to pump one million barrels a day. By Stanley Reed Chevron said Friday that it had completed an expansion at ...

For Iraq, it doesn’t seem to matter if the Kurdistan Region is attacked, because then the region can’t sell oil or provide ...

Goehring & Rozencwajg: U.S. shale production peaked in late 2023 and is now declining. Geological depletion rather than market dynamics poses the biggest challenge. Novel technologies like CO2 ...

Despite the White House’s “drill, baby, drill” mantra, the business of providing equipment and services for the oil field is hardly booming these days. Now, oil-field service companies are going after ...

Iran has threatened to target oil and natural gas infrastructure in the region as U.S. attacks resume.

Iraq plans to boost southern oil production above 3 million barrels per day following the US-Iran deal, with potential ripple effects across global markets ...