Occidental Petroleum and Ecopetrol plan to drill Komodo-1, the world's deepest offshore oil well, off Colombia's waters, reaching a depth of 3,900 meters. Improvements in marine-seismic technology ...

An 82-year-old oil well drilled before the Allies turned the tide of World War II was spewing an undefined amount of oil, gas and water skyward and into the coastal marshes of southern Plaquemines ...

There are currently serious fears about a glut in the oil markets – too much oil. And an abundance of oil has the effect of ...

Petrobras had an excellent Q3 with a record level of production, supported by major new projects and a solid growth pipeline. Read why PBR stock is a Strong Buy.