Energy giant BP on Monday said one of its exploration wells had found oil in deep waters about 120 miles off the Louisiana ...

TANZANIA aims to start a licensing round for dozens of oil and gas exploration blocks in May, the first in more than a decade with an estimated 57 trillion cubic feet of natural gas reserves. Three of ...

The new legislation "made several improvements that are important for foreign investors like us," BP CEO Murray Auchincloss ...

Striving to increase production and reverse natural declines in mature oilfields, Ghana is promoting new investment across its upstream oil and gas sector. The country – through national upstream ...

EOG is confident enough in its financial strength that management took on $1 billion of incremental debt to free up more cash. Even with this debt increase, management is still targeting a total ...

Baker Hughes (NASDAQ:BKR) said Wednesday it was awarded a multi-year contract with Dubai Petroleum to provide integrated coiled-tubing drilling services for the company's Margham Gas storage project.

While crude prices decline, production costs for the explorer are on the rise, with easily available oil already extracted and depleted fields yielding little fuel, further squeezing profits. India’s ...

Asked about safety for crew members aboard oil exploration and production vessels if a foreign warship attacks or boards a vessel, Cvikota said the crews were trained to respond in such circumstances.

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

is set to revolutionize its tax administration with the introduction of the Integrated Tax Administration System (ITAS). The contract for this transformative project was officially signed yesterday at ...