Russia’s recent discovery of 511 billion barrels of oil in Antarctica, one of the largest oil finds in history, could ...

That’s the question Rigzone asked David Moseley, the Head of Europe Research at Welligence, in a recent interview. Responding to the question, Moseley told Rigzone that “Ghawar in Saudi Arabia is ...

Central European Petroleum (CEP) has announced the largest ever oil discovery in Poland's history near Wolin Island. Discovered about six kilometres from Świnoujście, a Baltic Sea port city in ...

BP has made its largest oil and natural gas discovery in 25 years off the coast of Brazil, it said Monday, in a potential big boost for the British company following its strategic shift away from ...

The oil explorer whose last major discovery in Alaska opened a new frontier for North Slope development believes he’s sitting on another promising find in a remote area. Geologists familiar with Bill ...

Brazilian state-owned oil company Petrobras announced Friday that it has found oil of "excellent quality and free of contaminants" in the pre-salt layer of the Santos Basin. The well, 3-BRSA-1396D-SPS ...

BP BP-1.74%decrease; red down pointing triangle is pressing ahead with plans for its largest oil and gas discovery in 25 years after confirming that the site offshore Brazil holds a significant volume ...

A recent assessment discovered millions of barrels of oil and billions of cubic feet of natural gas resources in northwest Colorado and southwest Wyoming. The United States Geological Survey announced ...

This story is featured in the September/October issue of ETX View Magazine. The legacy of the oil industry runs deep in East Texas and continues today. An unforgettable discovery of a large oil field ...

The discovery is estimated to hold recoverable resources of 0.6-6.9 million barrels of oil equivalent. Image by snapinadil via iStock Equinor ASA and its partners have struck an oil and gas discovery ...

Petrobras (NYSE:PBR) said Friday it has made a new oil discovery at an exploration well in the pre-salt Santos Basin off the coast of Brazil, identifying the presence of oil "of excellent quality and ...