Ecopetrol and Petroleo Brasileiro SA announced in December that the Sirius-2 well off the Caribbean coast could triple the ...

The figure is up 46.2 million barrels of oil equivalent from year-end 2023 when excluding divestments and production.

Deepwater and shallow-water drillers are eyeing up new opportunities to meet demand in Norway, where oil and gas operators ...

Oil prices are quoted per barrel, or ‘bbl’. The abbreviation indicates one barrel of crude oil, but you may see Gbbl (one billion barrels), as well as Mbbl (one million barrels) or Kbbl for one ...