Colombia's Ecopetrol booked its biggest increase in proven oil and gas reserves in three years in 2024, rising to 1.89 ...

Galp has made what is thought to be a significant oil and gas-condensate discovery with its keenly watched Mopane-3X ...

China's first oilfield from with reserves of super-heavy oil begins extracting reservoirs through thermal recovery. Luda 5-2 ...

Ecopetrol has announced a substantial increase in its proven oil, condensates and natural gas reserves as of 31 December 2024 ...

Brazilian President Luiz Inácio Lula da Silva pointed out that his country would rely on fossil fuels to finance the ...

New gas and oil reserves have been discovered in Waziristan, marking a significant step in domestic energy exploration. Mari Energies, the operator of the block, confirmed the discovery at the ...

Enhanced oil recovery in unconventional reservoirs has been stymied by its low-permeability, low-porosity environment.

Pakistan has discovered 12.96 million cubic feet of gas and 20 barrels of crude oil per day in Waziristan. Mari Energies leads the project, boosting the country's energy resources. Read more about ...

Crude oil prices edged higher today, with Brent Crude and West Texas Intermediate (WTI) rising nearly 0.5 percent to $76.45 ...

1P and 2P reserves of 67.1 million barrels of oil ("mmbbls") and 113.7 mmbbls, respectively; Replaced 293% and 208% of 1P and 2P reserves, respectively; PDP reserve value per share increased 68% ...

Suriname's state oil company, Staatsolie, is seeking $1.5 billion in funding to participate in the development of the Gran ...