Opening any new North Sea oil and gas fields is incompatible with achieving the Paris Climate Agreement goals of limiting warming to 1.5°C or holding warming to "well below 2°C" relative to ...

The new assessment was required by the industry regulator, after it found several areas had not been adequately addressed in a previous submission.

NORTH SEA, Denmark (AP) — Appearing first as a dot on the horizon, the remote Nini oil field on Europe’s rugged North Sea slowly comes into view from a helicopter. Used to extract fossil fuels, the ...

The Ghawar Field in Saudi Arabia is the largest oilfield in the world, with an estimated 170 billion barrels of original oil in place. The Burgan Field in Kuwait, the Ahvaz Field in Iran, the Upper ...

Part of the solution to California’s ambitious decarbonization goals may, ironically enough, be found in the state’s oil patch. On a 560-acre plot of land in a dusty portion of the San Joaquin Valley, ...

Despite the White House’s “drill, baby, drill” mantra, the business of providing equipment and services for the oil field is hardly booming these days. Now, oil-field service companies are going after ...

MOSCOW, Oct 9 (Reuters) - Kazakhstan's biggest oil field Tengiz, operated by U.S. major Chevron (CVX.N), opens new tab, boosted output to a record high in October, sources told Reuters, potentially ...

Kazakhstan has cut gas production ‌at its Karachaganak oil and gas condensate field after Ukraine's drone attack this week on the Orenburg gas processing plant in Russia, Energy Minister Erlan ...

Iraq plans to boost southern oil production above 3 million barrels per day following the US-Iran deal, with potential ripple effects across global markets ...