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Equinor has announced the Johan Castberg oilfield in the Barents Sea has come onstream. The field will be producing for 30 years. The transaction, which is subject to the satisfaction of certain ...

Oil is being targeted and the prospect's potential is 30 million boe, according to Vaar. Vaar recently has notched up a string of exploration successes in the Barents Sea near its producing Goliat ...

The Solvent Extractors' Association of India (SEA) has partnered with TechnoServe to improve edible oil fortification across India. This collaboration aims to deliver quality-assured fortified ...

The North Sea crude market, home to the world's most important physical oil-price benchmark Dated Brent, often sees individual traders taking relatively large positions. Image by Igors Aleksejevs ...

Shell and Equinor recently agreed to combine their North Sea operations in a move that is also expected to help generate cost savings. Last week the private equity-backed NEO oil and gas firm ...

Wall Street's major indexes crashed on Friday after S&P 500's 6 per cent loss and the Dow Jones' 5.5 per cent drop, with the technology-focused Nasdaq index also down 5.8 per cent. Cryptocurrency ...

Beijing: China has discovered vast reserves of ‘black gold’ in the South China Sea. CNOOC (China National Offshore Oil Corporation), China’s state-owned energy giant, has announced the ...

An ageing tanker loaded with Russian oil that was barred by Indian authorities is transferring its cargo to a second ship to complete the delivery, according to two sources and ship tracking data.