The new chief executive of US independent Murphy Oil has emphasised his company's dedication to offshore exploration with ...

Talos Energy (NYSE:TALO) +3.1% pre-market Thursday after saying it found commercial quantities of oil and gas at its second exploration well in the Katmai West field in the U.S. Gulf of Mexico's ...

Murphy Oil (NYSE:MUR) posted a fiscal year ... Note that Murphy has a discovery well in the Gulf of Mexico. One of the things that makes quarterly comparisons lumpy is that offshore wells are ...

DUBAI, Jan 20 (Reuters) - Kuwait Oil Company said it has made a discovery "of large commercial volumes of hydrocarbons" at Al-Jlaiaa offshore field estimated at 800 million of medium-density oil ...

The prospect of untapped resources getting discovered yet in the shale patch, on the other hand, means more oil and gas for longer.

This discovery is crucial for understanding the dispersion of some liquids floating on water and could have many applications in oil spill mitigation and the food and textile industries.

Mexico is one of the largest global petroleum producers and the fourth-largest oil producer in the Americas after the United States, Canada, and Brazil. Mexican Peso and Global Economic ...

Talos Energy has discovered oil and natural gas in commercial quantities at the Katmai West #2 well in the Ewing Bank area of the US Gulf of Mexico. The drill-ship West Vela began drilling the ...

WASHINGTON, Jan 30 (Reuters) - U.S. President Donald Trump on Thursday said he would soon decide whether to exclude Canadian and Mexican oil imports from the 25% tariffs that he has vowed to ...

BAGHDAD, Jan. 20 (Xinhua) -- The state-owned Iraqi Midland Oil Company said on Monday that it has discovered huge oil reserves in the East Baghdad oil field. Mohammed Yassin Hassan, director general ...