Future Fund Oman (FFO) began operations, aiming to mobilise public and private capital behind one of the largest investment rollouts in the sultanate’s history. Set to provide OR400m ($1bn) per year ...

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. Crude oil prices retreated after the US Energy Information Administration reported an ...

U.S. Secretary of State Marco Rubio confirmed that the current oil license for Chevron in Venezuela will not be extended past May 27. Despite earlier reports of a possible extension, Chevron and ...

If you’ve been on social media recently, you’ve likely heard of castor oil. There are countless videos of influencers touting its benefits—claiming the oil can improve vision, break down ...

Some people apply magnesium oil to their feet to help improve sleep and pain. While research supports the effectiveness of topical (on skin) applications of magnesium, no studies show that using ...

This was the third month in a row that the oil cartel decided to raise crude production, cumulatively undoing the 9,60,000 bpd or nearly half of the 2.2 million bpd “voluntary” output cuts ...

Texas regulators are warning that wastewater from fracking in the biggest US oil basin is causing a “widespread” increase in underground pressure — a development that risks hindering crude ...

A Santa Ynez Unit offshore oil platform as seen from El Capitán State Beach in southern Santa Barbara County. Credit: Giana Magnoli / Noozhawk file photo Sable Offshore Corp. announced that it ...

Almost 10 years to the day after a massive oil spill fouled the Santa Barbara coastline and prompted the closure of several drilling platforms, a Texas-based company says it has resumed crude oil ...

The two GCC countries announce strategic oil discovery in North Wafra Wara-Burgan field New oil and gas discoveries in the Gulf can reset alliances and longstanding export deals. File picture of ...

Voters in Suriname, which is on the cusp of a much anticipated oil boom, have begun to elect a new parliament, which will subsequently choose the next president of the smallest nation in South ...