BP’s plans to produce up to 1 billion barrels of oil from the largest oilfield in the UK Continental Shelf will hinge on new fiscal and licensing regimes due later this year, the supermajor's ...

New Mexico is next, with 8.925 billion barrels of undiscovered oil, followed by Nevada, with 1.4 billion barrels. Untapped gas reserves on federal land were estimated at over 391.55 trillion cu ft.

China, the largest buyer of Iranian oil, sourced 5.4 million barrels per day through the Strait of Hormuz in the first quarter this year, while India and South Korea imported 2.1 million and 1.7 ...

Japan imports 1.6 million barrels of crude oil a day through the Strait of Hormuz, the EIA says. Japanese customs data showed 95 percent of crude oil imports last year came from the Middle East.

PORTLAND, Ore (KOIN) – We’re turning our Eye on Northwest Spirits today, and toasting some of our fantastic distillers in our area. On behalf of our sponsors at Escapar Tequila & Co… ...

About 228 barrels, or 9,576 gallons, of produced water were spilled, along with 13 gallons of crude oil, the majority of which stayed on the well pad. Less than two barrels of produced water were ...

In terms of undiscovered resources on federal lands in the San Juan Basin in southwest Colorado and northwest New Mexico, the agency estimates there are just 3 million barrels of oil, but 29 ...

Indonesia's Pertamina on Friday sought 200,000 barrels per month of 90-octane grade of gasoline for July-September delivery, according to a document seen by Reuters.

WASHINGTON (Reuters) -The U.S. will not complete scheduled deliveries of crude oil into the Strategic Petroleum Reserve until the end of the year due to maintenance, as much as seven months behind ...