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oilfields

BP to exit Brazil's Polvo oil field

Oil company BP says it is selling its majority stake in Brazil's Polvo oil field for $135 million in cash to HRT Oil & Gas.

Iraq: 7 oil companies qualified for key oil field

The Iraqi Oil Ministry says seven international oil companies have qualified to bid for developing a promising oil field and build a refinery in the country's south.

Protesters storm southern Iraqi oil field

A police officer in the southern city of Basra said that about 150 protesters broke through the gates of the West-Qurna-2 oil field Monday morning and began smashing office furniture.

Statoil to develop heavy oil field offshore UK

Statoil to develop heavy oil field offshore UK

Iraq considering BP for work on Kirkuk oil field

An Iraqi oil official says the country is considering a proposal for British oil giant BP to begin work on a major oil field that lies in territory contested by Baghdad and the minority Kurds.

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New technology propels 'old energy' boom

Some even expect 10 billion, which would make it the biggest oil field in U.S. history.

Oil drilling technology leaps, clean energy lags

Some even expect 10 billion, which would make it the biggest oil field in U.S. history.

BAGHDAD: Iraq, Shell officially kick off major gas project

The $17 billion joint venture will gather, process and market associated gas, a by-product of...