Chevron Corporation CVX, along with several other multinational energy firms, has exited its oil concession blocks in Egypt’s Red Sea region after failing to discover commercial oil or gas reserves.

Block DM-SL upper stage as part of the successful Sea Launch system. “Sea Launch is concerned about the broader implications of the recent Proton failure to the aerospace satellite and insurance ...

HANOI/HONG KONG (Reuters) - Some oil blocks off Vietnam's sprawling coastline fall within an area of the South China Sea demarcated by China's "nine-dash line", the basis for Beijing's controversial ...

India has extended an auction of deep-sea blocks containing critical minerals used in electric vehicle batteries and other products until May 1, a spokesperson at India's Ministry of Mines said on ...

PTTEP acquired 50% interest in Block A-18 in the South China Sea. Block A-18 includes several gas fields and currently produces 600 MMscfd. PTTEP acquired 50% participating interest in Block A-18 of ...

ExxonMobil has taken a stake in an Energean-operated deepwater block in Greece's sector of the Ionian Sea, with the deal set to pave the way to drill, in 2027, what is described as the largest ...

Indonesian independent Medco Energi is forging ahead with the development of the next field on its flagship producing South Natuna Sea Block B offshore Indonesia. Medco has started the tender ball ...