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Oil and gas resources

Crude Oil
U.S. Says There Are Significant Undiscovered Oil and Gas Resources in Wyoming
On May 21, 2025, the U.S. Interior Department announced a federal assessment by the U.S. Geological Survey (USGS) identifying substantial undiscovered, technica…
Oil&Gas Drilling
Conocophillips Reaches First Oil at Norway’s Eldfisk North Ahead of Schedule
ConocoPhillips Skandinavia has announced successful first oil production at its Eldfisk North project in the Norwegian North Sea.Located in the Greater Ekofisk …
Oil Field
China's Largest Ultra-Deep Oil, Gas Field Built in Tarim Basin
Located in northwest China's Xinjiang Uygur autonomous region, Tarim Basin is a major petroliferous basin in the country. The oil and gas resources at a dep…
Market Analysis
Rystad: Discovered Oil and Gas Resources to Reach 10 Billion Boe in 2020
Despite concerns that Covid-19 could drive down discovered volumes to their lowest levels in decades, exploration activity has been resilient this year with dis…
China Changes Policy on Foreign Oil Operators
The policy of China on foreign oil and gas operators is about to change. China will allow private and foreign firms to explore its domestic oil and gas resource…
South Africa Creating New Oil, Gas Policy to Bolster GrowthBloomberg
South Africa is working on a policy to govern the development of oil and gas resources after calls by potential investors to shield the industry from a long-run…