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 ...

White House Press Secretary Karoline Leavitt told reporters that President Trump would be implementing tariffs on Canada, Mexico and China starting on Saturday. NBC News' Garrett Haake reports from ...

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 ...

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

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 ...

LONDON, Jan 8 (Reuters) - Shell (SHEL.L), opens new tab will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern ...

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 ...

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 ...