PARAMARIBO, July 8 (Reuters) - U.S. oil producer Hess Corp (HES.N), opens new tab has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil firm Staatsolie said ...

Shrinking discovered volumes, rising oil and gas demand, and a renewed focus on energy security have driven the global oil and gas industry to refocus on frontier regions in pursuit of new discoveries ...

BP and Eni have returned to Libya after ten years of avoiding the country amid its civil war. Per a statement by the National Oil Corporation of Libya, Italy’s Eni resumed exploratory drilling in the ...