Oil Exploration News

Argentina's President Javier Milei has intensified pressure regarding the Falkland Islands by announcing new oil sanctions. The country has initiated sanction p

California is suing the Trump administration and a developer over a $120 million agreement that allowed the abandonment of a Morro Bay wind lease in favor of oi

Oil India and Indian Oil have terminated their Production Sharing Contract with Gabon's Directorate General of Hydrocarbons and relinquished their Shakthi-II ex

ONGC plans to soon operate two oil blocks in Venezuela under new laws, following the regaining of its stake in Russia's Sakhalin-1 project last December. The co

India plans an Rs 80,000-crore incentive package to attract deepwater oil explorers, funding up to half the cost of exploratory wells and auctioning eighteen ne