Norway's oil and gas investment is expected to reach a record high in 2025, despite the country's ambitious renewable energy ...

The UK does not buy most of its oil from Norway, and arrangements for oil fields which span both countries’ territory are negotiated.

State geologists estimate 250 million barrels of oil could be extracted if companies were to build as many as 600 more oil ...

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BP plc (BP) announced an agreement with the Iraq government to redevelop the Kirkuk oil and gas fields in northern Iraq, per a Reuters report. The deal, finalized on Dec. 19, outlines technical ...

Norwegian Offshore Directorate said Friday that although the combined oil and natural gas production in Norway decreased from November of last ...

According to reports, Saudi Aramco aka Aramco, Saudi Arabia’s state-owned petroleum and natural gas company, extracted lithium under a pilot project from one of its oil fields. Khalid bin Saleh ...

The partial shutdown has led to a major decline in the field’s oil production, which fell by 20% against the initial output plan to 494,000 bpd earlier in December, a statistics department ...

The country is planning additional ventures, he said. Separately, Saudi Aramco is working on a joint project to extract lithium from brine taken from oil fields, the state energy giant said in an ...

Norway and the United Kingdom have agreed to ... “We have cooperated in the field of carbon capture and storage for more than 20 years, and further strengthening our cooperation with the UK ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...