Iran on Thursday outlined plans to rebuild its main industries and trade relationships following a nuclear agreement with world powers, saying it was targeting oil and gas projects worth $185 billion by 2020.

Nigeria's President Muhammadu Buhari has pledged to recover "mind-boggling" amounts of stolen oil money and bring those responsible to book, his spokesman said on Wednesday.

No new well completion reports have been filed in North Dakota since July 10, the longest gap this year, according to daily activity records published by the state’s Department of Mineral Resources (DMR).

Even before the price of Brent crude plunged from $115 in June last year to under $50 in January the UK oil and gas industry was facing a crisis.

IHS expects continued oil sands production growth through 2020, albeit lower than what would be expected had prices remained higher, according to a new production forecast by the Englewood, Colorado-based organization.

U.

Halliburton Co.

TransCanada Corporation has safely delivered the one billionth barrel of Canadian and U.

Drilling of the first production well at Gina Krog field has started, just eight days after the rig arrived at the North Sea field.

An offshore worker has been injured on a vessel operating near Schiehallion oil field located west of the Shetland Islands.