Exxon has decided to pull out of an exploration block offshore Suriname and transfer its 50% stake to partner Petronas, the Suriname state oil company Staatsolie said in a news release. The exit is ...

Uganda National Oil Company (UNOC) is on the lookout for a joint venture partner to help it explore and develop an oil block in the western part of the African country, a spokesperson for the ...

President Joe Biden will move Monday to block all future oil and gas drilling across more than 625 million acres of federal waters – equivalent to nearly a quarter of the total land area of the United ...

Thailand's Energy Ministry Monday awarded concession rights for 13 onshore and offshore oil and gas blocks, which would see total investments in petroleum exploration and production of up to $118 ...

A prominent Nigerian-led energy company, Walcot Group has signed a Production Sharing Contract (PSC) with the Angolan National Agency for Petroleum, Gas, and Biofuels (ANPG) to operate oil blocks. The ...