Eni has confirmed an oil discovery at the Capricornus 1-X well in the Orange basin offshore Namibia. The drilling took place ...

Suriname is on the cusp of a significant oil boom with major offshore discoveries and investments aimed at boosting its ...

The National Petroleum Corporation of Namibia (Namcor) and its joint venture partners have made a significant discovery off the southern coast of Namibia by detecting a high-quality light-oil-bearing ...

The Capricornus discovery builds on recent momentum in the Orange Basin, following the landmark Venus and Graff finds.

BP has made an oil discovery at the Far South field in the U.S. Gulf of Mexico, it said on Monday, as the energy major seeks ...

Rhino Resources has revealed test results from its Capricornus-1X discovery well offshore Namibia, with the probe flowing at ...

Norwegian company says reserves and quality of discovered oil are sufficient to underpin four development wells offshore ...

Time for Namibia and Oil Companies to Act on Fiscal Stability and Fast Track Oil Discoveries to Final Investment Decision ...

BW Energy has confirmed a significant oil discovery at the Bourdon prospect in the Dussafu License offshore Gabon, following ...

Rhino Resources and partners will perform post drilling analysis following a successful test of a light-oil discovery ...

BP said it discovered oil at the U.S. Far South prospect in the Gulf of Mexico, with preliminary data supporting a potentially commercial volume of hydrocarbons.

But the Gulf of Mexico is quietly making a crude oil comeback thanks to new technologies and cost efficiencies utilizing ...