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The Blue Whale project, a deepwater oil and gas exploration venture in the Ulleung Basin of the East Sea (also known as the Sea of Japan), has emerged as South Korea’s boldest yet also most uncertain ...

A sanctioned Russian oil tanker has reportedly reached Venezuela following several route changes and attempts to evade U.S.

Kim Dong-sub, president of the Korea National Oil Corporation, expressed discomfort toward the government and ruling party on ...

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The unit, the eighth of 12 planned for the field, is designed to produce 180,000 b/d of oil and 7.2 MMcmd of gas.

The Trump administration’s claim that its massive show of force has been mounted to stop “narco-terrorists” is ludicrous on ...

Keyfield International Bhd's net profit for the third quarter ended Sept 30, 2025 (3Q25) dropped to RM41.34mil from RM81.12mil in the previous corresponding period, while revenue dropped to ...

The British major will develop five massive oil fields in the Kirkuk region. The deal, alongside TotalEnergies’ $27 billion project, is part of Western efforts to reduce Iraq’s dependence on Iran for ...

Kim Dong-seop, president of Korea National Oil Corporation (KNOC), tendered his resignation. After becoming embroiled in controversy during the National Assembly audit in Oct. over the so-called "Blue ...

When Donald Trump’s term in office is done, this country moves quickly to recover its capacity for economic rationality, it should be able to regain some version of its place in the world economy. At ...