Politically connected Florida magnate Harry Sargeant III has made a fortune off oil and asphalt deals worldwide.

By John Lee. DNO ASA, the Norwegian oil and gas operator, today reported 2024 revenues of USD 667 million on the back of what it described as "stellar production" in the Kurdistan region of Iraq.

The Norwegian oil firm DNO on Thursday said that 2024 amounted to a year of “stellar production” with an increase in profits ...

Among the 2024 exploration highlights was the play-opening Othello light oil discovery (50 percent and operator), Norway's ...

Despite US president Donald Trump's efforts to ease regulations of the oil and gas industry, the challenge of balancing ...

By bnm Gulf bureau France's TotalEnergies has signed an agreement with Basra Investment Commission to construct a 1,000-MW ...

The failure to implement the CSSP, critical for water injection and sustaining production, has stalled Iraq’s oil expansion.

On February 2, a drone targeted the Khor Mor gas field in the autonomous Kurdistan Region of Iraq. Dana Gas, which runs the ...

Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...

Fears of a major trade war between China and the U.S. caused both oil and gas prices to drop dramatically on Tuesday morning.

Trump has repeatedly called for lower oil prices, arguing that reducing Russia's oil revenue would force Moscow to end its ...

In recent years, Türkiye has significantly expanded its hydrocarbon exploration and production activities, both on land and ...