OPEC+ is not planning any immediate talks around oil production cuts or increases, according to a senior Russian Government ...

A global exploration company’s decision to cease its search for new gas supply in Victoria’s Otway Basin is a major blow to ...

The company also plans to invest around US$2.5 billion/y to enhance oil production by 50 000 bpd over the next few years.

Interocean Marine Services (Interocean), has announced it will receive ABS and DNV approval for ultrasonic thickness ...

Brazilian oil giant Petrobras is set to reopen a closed oil well in its large offshore Roncador field in a bid to quickly obtain natural gas, reports Reuters.