Suriname’s long-awaited offshore oil boom, anchored by TotalEnergies’ GranMorgu project, promises economic relief but faces ...

Conflicting drilling results and seismic data saw 50% partners in Block 58 offshore Suriname Apache and TotalEnergies delay their financial investment decision Recent news indicates the headwinds ...

The dispute involves a $247 million claim by the government for a higher share of profits from the gas field. This legal ...

Guyana is inviting Indian firms to participate in its oil block auction in 2026, aiming to strengthen energy ties and ...

Esgian provides an update on new contract awards for Greatship, Transocean, Noble and Stena Drilling in its Week 36 Rig Analytics Market Roundup.Report SummaryContractsGreatship has secured a contract ...

Eco agreed to farm in as operator with a 75 percent working interest in Block 1 on the South African side of the Orange Basin, while quitting its operated Block 2B in the same area. Eco (Atlantic) Oil ...

Kenya is preparing to put 10 multibillion-dollar oil and gas exploration blocks up for auction this September, marking its first licensing round since introducing a new petroleum law six years ago.

Peru is reducing royalties on oil and gas production to about 5 percent on average from the current 20 percent in order to encourage exploration amid slumping prices, the government said Wednesday.

An area of Lincoln National Forest known for a complex cave system was protected from oil and gas drilling and other mineral extraction, with the block on development extending for 20 years. The ...

The Biden administration announced Sunday evening that it will indefinitely block fossil fuel drilling on 16 million acres of federal land in and around Alaska. News of the decision came through the ...

Nigeria currently has 220 open oil blocks scattered across its onshore and offshore basins, data from the Nigerian Upstream Petroleum Regulatory Commission has revealed. This is despite its growing ...

Sure, high-performance engines burn fuel. But they wouldn’t be able to do it for very long if it wasn't for oil of varying viscosities that lubricates crankshafts, cams, bearings, rods, pistons, rings ...