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You Searched For "Oil fields" and got 20 results


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3 mins read

Oil titan Sultan Al Jaber backtracks on comments that 'there is no science' around fossil fuels at UN climate summit

Sultan Al Jaber, president of COP28 and CEO of the United Arab Emirates state-owned oil company Adn…

Catherine Boudreau   


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7 mins read

This could be Big Oil's last surge

Despite record profits, the oil and gas industry is still headed for a long-term decline, even if i…

Catherine Boudreau,Jacob Zink…   


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3 mins read

ONGC to start oil production from KG block in May, gas in 2024

The company blamed contracting and supply chains issues due to the pandemic for shifting the start …

PTI   


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3 mins read

Reliance seeks $12.75 for CBM gas, ONGC wants $9.35

Reliance is seeking a minimum USD 12.75 per million British thermal unit for coal bed methane (CBM)…

PTI   


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3 mins read

Cooking oils are getting cheaper but healthier options are as pricier as they were

Indian consumers are switching to unhealthy oils as healthier options keep getting costlier due to …

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2 mins read

A massive fireball burst from the Caspian Sea near an oil field, likely caused by a 'mud volcano'

A 1,600-foot-high plume of fire exploded off the coast of Azerbaijan in what authorities say was li…

Mia Jankowicz   


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1 min read

Saudi Arabia needs a helping hand from the oil market to carry on its sports spending spree

The Middle Eastern country needs crude prices to hold at a certain level to fund its lavish infrast…

George Glover   


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1 min read

2 workers were killed and another is missing after a fire erupted on an oil platform in the Gulf of Mexico

The CEO of Pemex said firefighting ships were able to prevent the blaze from spreading to other pla…

Jyoti Mann   


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2 mins read

Shell considers selling assets in the largest US oil field, Reuters reports, highlighting pressure to focus on low-carbon investments

Shareholders and activists have pressured the largest oil companies, including Royal Dutch Shell, t…

Rebecca Ungarino   


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2 mins read

Oil drops 4% after resumed production at Libyan field threatens market oversupply

New inventory from Libya's restarted facilities is set to enter a market facing harsh demand pressu…

Ben Winck   


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1 min read

Oil pipeline leaks in Bihar village sending locals into a looting frenzy

A village in Bihar on Tuesday witnessed a mad scramble for petroleum, suddenly up for grabs from an…

PTI   


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1 min read

Russia's tax hike on the oil and gas industry will be destructive to a key piece of its economy

The G7 views the tax change as an acknowledgement from the Kremlin that it will have to continue se…

Filip De Mott   


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3 mins read

Essar Oil UK to build carbon capture facility

Essar Oil UK Limited has announced its plan to build a 360 million-pound major new carbon capture p…

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4 mins read

A fracking boom made the US the world's biggest oil producer. Now its end is pushing gas prices much higher.

US fracking was key to building energy independence through the 2010s. But the boom is over, and th…

Ben Winck   


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1 min read

Israel exports oil for the first time ever after diplomatic breakthrough with Lebanon

Israel's oil export was sold to commodities giant Vitol through a multi-cargo agreement.

Filip De Mott   


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5 mins read

Oil India doubled investor money in a year while its big sister ONGC’s wells indicate a dry future

$OIL.NSE has outperformed $ONGC.NSE driven by the inching Crude prices and hitting Multi Year h…

Theron Mohamed   


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3 mins read

By 2030, cleantech market could surpass the value of oil market

The International Energy Agency, which has been emphasizing on increasing clean energy investmen…

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2 mins read

Mukesh Ambani & Anil Agarwal lose ₹1.17 lakh crore in a few hours as government slaps two different oil taxes

It also brought in export oriented petroleum units like Reliance’s Jamnagar refineries – which…

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4 mins read

I've lived in Midland, Texas, most of my life. An oil boom has lured millennials like me looking for high-paying jobs.

Realtor Jacobe Kendrick said that so many people have moved to the city to cash in on the windfall …

Alcynna Lloyd