Oil exports via the Caspian Pipeline Consortium pipeline have been set at 1.7 million barrels per day, or around 6.5 million ...

The state-backed company has now announced six upstream start-ups in Chinese waters this year: 3 in the South China Sea and 3 ...

Top UK oil and gas producers complained that there’s still little clarity on the government’s plans for taxes and permits for North Sea drilling, making investment decisions difficult.

In January, environmental advocacy group Greenpeace said the oil could sink to the bottom of the deep sea, poisoning fish and vegetation there. "The impact of the ecological disaster could persist ...

The preliminary estimated gross recoverable resources encountered in the well are between 15 million and 43 million barrels of oil equivalent.

Fires are still burning on an oil tanker carrying jet fuel and a cargo ship which was loaded with highly toxic chemicals before the 'fireball' crash in the North Sea at 9.48am yesterday.

A Dubai-based engineering group has re-entered talks to buy John Wood Group, sparking a 40pc surge in the North Sea oil giant’s share price. The FTSE 250 business confirmed on Monday it had ...

McKewon dumped the jar’s contents – dredged up from the bottom of the North Sea – into an ash tray and threw in a lit match. The liquid burned. “That’s it,” his boss reportedly said. “That’s oil.” ...

The fire on an oil tanker involved in a crash on the North Sea has finally gone out as pictures show a gaping hole on the side of the vessel. US-registered Stena Immaculate was transporting fuel for ...

In his monthly letter to the SEA members on Friday, he said palm oil imports were the lowest in January 2025 in the last 13 years, amounting to only 2.75 lakh tonnes (lt) when compared to 7.80 lt ...

LONDON, March 13 (Reuters) - BP (BP.L), opens new tab plans to explore for new oil fields in the Azeri Caspian Sea, BP's upstream chief Gordon Birrell told Reuters. BP is already working on ...

A radio message containing four sinister words has been heard after the collision between an oil tanker carrying jet fuel and a cargo ship carrying highly toxic chemicals in the North Sea yesterday.