MUSCAT: International oil and gas firm Tethys Oil, currently ranked among largest players by acreage in Oman’s upstream hydrocarbon sector ... 56 as ‘commercial’ following the approval of a Field ...

An oil company developing a large field on Alaska’s North Slope has reached a deal with ConocoPhillips over the use of roads needed to access that field and other prospects. Santos, the ...

which the landowners hope could lead to the discovery of the state’s next big oil field. If found, petroleum could create well-paying jobs for Yukon watershed residents and generate big dividend ...

Senegal’s Sangomar offshore oil field reached a record production of 3.08 million barrels in March 2025, according to the monthly operating report released this Monday. The report indicates that the ...

Oil and gas companies are increasingly focusing on near-field or infrastructure-led exploration (ILX) to reduce costs and risks in a challenging market environment. ILX drilling has shown a ...

Iran and the United States are set to hold discussions in Oman on Saturday to revive negotiations ... focusing on efforts to reduce its oil exports. Bessent stated that the Trump administration ...

Crude oil was spewed over an agricultural field some 300 yards south of the pump station. According to reports, no structures or human life was impacted by the spill. "Our primary focus right now ...

Benchmark Brent crude oil has neared four-year lows Oil revenue made up 62% of state budget last year Kingdom and sovereign fund need more debt, analysts say Oil giant Aramco, long-time cash cow ...

April the 8th, 2025 – The first oil field in the world can be found among the green rolling ... “Peklenica oil was initially used to lubricate tools and implements, and later to make lamps and other ...

Its South Pars field spans 3,700 square kilometres and holds ... analysed in full in my latest book on the new global oil market order. “Development at that time on the Iranian side wasn ...

Oman recorded a fiscal surplus and moderate economic growth in 2024, driven by higher oil revenues and an expansion in non-oil activities, official data from the National Centre for Statistics and ...