Richard F. Gonzalez, CEO, commented: "This acquisition marks a transformative milestone for Petro-Victory, significantly enhancing our oil production capacity and increasing our proven reserves.

The revolution is the product of advances in oil and natural gas production technology—notably, a new combination of horizontal drilling and hydraulic ... oil field machinery, petroleum refining ...

Halliburton and Coterra Energy have introduced autonomous hydraulic fracturing technology in North America, boosting ...

President Donald Trump has nominated a longtime oil and gas industry representative to oversee an agency that manages a ...

U.K. Prime Minister Keir Starmer wants two controversial oil and gas fields in the North Sea to move forward despite concerns among the Labour party and environmentalists, the Financial Times ...

A Scottish court on Thursday ruled against the development of two oil and gas fields in the North Sea in a "historic win" for two environmental groups. Scotland's Court of Session agreed with ...

A court has ruled that consent for two new Scottish oil and gas fields was granted unlawfully and their owners must seek fresh approval from the UK government before production can begin. The written ...

Norway's Ocean Industry Authority said on Wednesday it has given Gassco and Shell consent for the startup of production from ...