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oil-field

Saudi’s Aramco discovers 15 trillion cubic feet gas reserves in Jafurah field

by Ron Morgan
Saudi’s Aramco discovers 15 trillion cubic feet gas reserves in Jafurah field

Aramco’s oil facility. (Photo: Reutets) Riyadh: The Kingdom of Saudi Arabia’s oil giant Aramco has discovered an additional 15 trillion standard cubic feet of gas and 2 billion barrels of condensate in …

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Oil giant Chevron agrees to buy rival Hess for $53B

by Anas Siddiqui
Oil giant Chevron agrees to buy rival Hess for B

Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices …

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