The discovery has doubled the Katmai West field's proved reserves to an estimated 50 million barrels of oil equivalent gross.

ConocoPhillips has shown recent gains but remains volatile due to its dependence on crude oil prices. Click here to read an ...

For India, which is the world's third-largest consumer of crude oil and depends on imports to meet over 85 per cent of its ...

Pakistan’s Oil & Gas Development Company Limited (OGDCL) has made its first discovery in the Mari East block, located in the ...

Speaking at the launch event, Afshin announced that the nation’s first AI-powered oil well is set to debut next year at the Sepehr and Jofair oil fields. “This project sets the stage for integrating ...

Oil prices edged higher on Wednesday as the dollar weakened, with traders closely watching U.S. inventories, President Donald ...

In a ceremony held on Tuesday, the Iranian Vice President for Science, Technology, and Knowledge-Based Economy Hossein Afshin inaugurated the first oil well equipped with artificial intelligence (AI).

Hossein Afshin made the announcement in a ceremony to unveil the country's first oil WRFM (Well Reservoir and Facility Management) center on Tuesday. “Today, with the unveiling of the country's first ...

Tower Resources , a small-cap explorer listed on London's AIM, is now breathing rarified air thanks to a deal announced in ...

President-elect Donald Trump is set to declare a national energy emergency on Day 1 of his return to power, part of his ...

(MENAFN) Iran's vice president for science and technology, Hossein Afshin, announced that the country will unveil its first oil well equipped with artificial intelligence (AI) next year.

Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read ...