Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price ...

Companies have been manufacturing synthetic fuels for nearly a century by combining carbon monoxide (which can be sourced from carbon dioxide) and hydrogen under high temperatures. But the hope is ...

Targeting natural gas deposits without excluding oil either - Why divestment from fossil fuels may lead to supply shortages ...

Chevron has expressed an interest in hydrocarbon exploration off the island of Crete in the Mediterranean Sea, the second ...

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MOSCOW. April 8 (Interfax) - Ukrnafta will implement the production-sharing agreement (PSA) at the Olesskaya deposit in the Lvov and Ivano-Frankovsk regions instead of the Nadra Olesskaya company ...

Mari Energies Limited (PSX: MARI) has confirmed a fourth significant hydrocarbon discovery at the Spinwam-1 exploratory well, ...

BP, Shell, Exxon, and Chevron are boosting fossil fuel investments after disappointing returns on green energy ventures.

Petrobras has announced that hydrocarbons have been identified in the pre-salt layer of the Campos Basin in the Brava North block, offshore Brazil. The presence of hydrocarbons was identified in ...

Petrobras discovered hydrocarbons in an exploratory well in North Brava block in the Campos basin presalt, 105 km off the ...