Geopolitical tensions have played a significant role in supporting oil prices.

The American Petroleum Institute released data on Tuesday showing a larger-than-expected decrease in U.S. oil inventories for the week ending July 12.

Minister Puri announced last month that ONGC is poised to commence gas production from its deep-water field in the Krishna-Godavari block ‘KG-DWN-98/2’ off the eastern …

They are less inclined to respond to every price spike with a major boost in drilling that ultimately floods the market with oil and depresses …

The CEOs of Canada’s major oil sands companies voiced their opposition to the proposed federal emissions cap for the oil and gas sector, preferring instead …

Aramco is the world’s largest oil company in terms of both daily crude production and market capitalisation.

The SSB stated that the upward adjustment for 2025 is driven by higher estimates within the categories of field development and exploration.

In the four-year exploration phase, five sub companies of CNOOC will be undertaking the operations.