KBR (KBR) +0.7% pre-market Monday after saying it was awarded a "transformational" contract by Basra Oil Company to provide integrated field management services for the Majnoon oil field in Iraq, one ...

Iraq has entered into an agreement with Chevron for oil exploration and development projects in the country, including the Nassiriya project comprising four exploration blocks and other producing ...

Syria’s state-owned Syrian Petroleum Company has signed a memorandum of understanding with US oil major Chevron International and Qatari firm UCC Holding to evaluate oil and gas exploration in Syrian ...

Iran is ramping oil production back to record 2024 levels of around 4.3 million barrels per day, despite U.S. and Israeli airstrikes and ongoing sanctions. Russia is leading new development efforts in ...

'This is a milestone for the petroleum industry in the Barents Sea', Norway's minister of energy, Terje Aasland, said. Image by Georg Hummer via iStock The Johan Castberg field was officially opened ...

This is read by an automated voice. Please report any issues or inconsistencies here. As the end of drilling nears at the century-old Inglewood Oil Field, officials and communities debate whether its ...

Saudi Arabia’s entry into Syria’s oil and gas sector is part of a Western-backed post-Assad strategy. The agreements are operational and Gulf-led, with Saudi and UAE energy firms moving quickly into ...

Once near “write-off” at $1, the Dai Hung oil field has been revived to become one of the flagship projects of Vietnam’s oil ...

Define development objectives, recovery strategy (primary/secondary/EOR), and concept alternatives. Lead concept select (FEL1–FEL2) and prepare the Basis of Design and Concept Select Report. Set field ...

Forbes contributors publish independent expert analyses and insights. I analyze petroleum economics and energy policy. There is a lot of debate about the potential for Venezuela to produce more oil ...