Drilling for oil is an expensive gamble: With project costs rising every year, an oil company can stand to lose an incredible amount of money exploring or developing a property that fails to yield ...

Woodside Energy last week announced it would start seismic testing for its Scarborough gas project off Australia’s west coast, before reversing the decision in the face of a legal challenge from ...

The Government of Guyana is undertaking a seismic survey of oil blocks – S1 to S11 – that it plans to auction off, with the United States-based Viridien Group poised to commence work as soon as the ...