President Donald Trump is threatening sanctions on anyone who buys Iranian oil. That warning comes after planned talks ...

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A COSL-owned drilling rig has been mobilized to the WZ12-8W platform for a one well campaign. This well will produce an estimated at 500 b/d of oil and recover an incremental ...

Over 3,000 jobs and 78,000 barrels of daily oil production represent a major step in Türkiye's journey toward energy independence - Tightened US sanctions on Russia and Iran fuel oil price ...

The only area with no oil is Yemen in the fertile south. Until the Persian Gulf oil industry was created over a century ago, Yemen was the most prosperous part of Arabia because it was green from ...

The only area with no oil is Yemen in the fertile south. Until the Persian Gulf oil industry was created over a century ago, Yemen was the most prosperous part of Arabia because it was green from ...

That’s still down 34 rigs or 5% from 619 last April. The number of rigs drilling for crude oil was up one to 481 rigs, still 30 rigs or 6% below 511 last year. The number of rigs seeking ...

We are at a critical time and supporting climate journalism is more important than ever. Science News and our parent organization, the Society for Science, need your help to strengthen ...

Hossein Abbasnejad, Director General of Ports and Maritime Affairs of Hormozgan Province, said the vessel is set to load 44,000 tons of bitumen from one of the oil terminals at the Port of the Persian ...

A 16,500-ton U.S.-flag tanker, on Israel’s charter and carrying a full cargo of Persian Gulf oil, sailed up the Gulf of Aqaba last week in a blinding sandstorm and anchored at the Israeli port ...

BP BP0.10%increase; green up pointing triangle said it has discovered oil at the U.S. Far South prospect in the Gulf of Mexico at a time when the British energy major is growing upstream ...