Reopening Groningen or expanding North Sea drilling will produce gas or oil locally, but prices are set by global markets, so consumers won't see major relief.

Greenland Energy Company, led by Texas oil veteran Robert Price, is preparing to drill the Jameson Land basin in Greenland's east coast, a strategically important, untested Arctic petroleum system ...

The discovery is part pilot program aimed at brining fields into production within 2-3 years by pre-planning development.

Equinor rises to a two-year high after saying the company and its partners have discovered oil near the Snorre field in the North Sea, with plans for "rapid and cost‑effective development." ...

Recent exploration efforts by Equinor in the North Sea have yielded promising results, with discoveries of oil, gas, and condensate, supporting plans for development and ...

Norway's Equinor said on ​Tuesday it had discovered oil in ‌the so-called Troll area and gas and condensate in the Sleipner area in the ​North Sea.

The strikes on Kharg Island targeted Iranian military forces, not economic infrastructure on the island, a U.S. military official said.

Equinor reports two commercial hydrocarbon discoveries near existing North Sea infrastructure.

"Prepare for an offshore landing," the pilot announces, before landing on a platform 250km (155 miles) from Denmark's west coast. The helicopter has just circled around Nini, a nearby rig rising up ...

Many European countries like Italy, Greece, Spain, Poland and Belgium rely on the Strait of Hormuz for imports or refining. Experts say the closure of this corridor will not cut off Europe’s oil ...

There’s one underlying reason that so many oil tankers and liquefied natural gas (LNG) cargoes pass through the strait, and that Middle East conflict shakes global energy markets. That reason is a ...

Saudi Arabia can push 7 million barrels a day through the Petroline. Its export terminal can load less than half that. The gap was seemingly always the plan.