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

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 ...

Oil remains a key resource for economies globally, particularly in Africa, where several countries depend on it for revenue ...

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 ...

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 ...

The acquisition of Hess, a USD 53 billion deal struck in October 2023, could improve Chevron's prospects. Chevron's oil and ...

Azerbaijan’s proved oil reserves totaled seven billion barrels, Turkmenistan’s 600 million, and Uzbekistan’s 594 million. In ...

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% ...