Oil prices jumped about 2% to a near 10-month high on Tuesday on a tighter supply outlook and OPEC optimism over the resilience of energy demand in major economies. Brent

Oil prices edged higher on Thursday, after industry data showed U.S. crude oil inventories were expected to have fallen last week, signaling tightening supplies on top of extended production cuts

Challenger Energy Group PLC on Wednesday said it secured a £3.3 million funding facility, initially drawing down £550,000. This was alongside announcing an extension of completing the sale of an

Despite a second consecutive week of decline, oil prices rose slightly on Friday, with Brent crude up 0.4% at $83.66 a barrel and U.S. West Texas Intermediate crude up 0.4%

A compilation of the latest offshore exploration and production updates and projects from around the world SOUTH AMERICA Uruguay’s ANCAP agency has awarded the country’s final unassigned offshore block to

Oil prices were poised early on Monday to end July trading with the biggest monthly gain since January 2022, buoyed by tightening supply, expectations of a record demand, slower inflation

Oil prices were steady on Tuesday, hovering near three-month highs as signs of tighter supplies and pledges by Chinese authorities to shore up the world’s second-biggest economy lifted sentiment, while

Challenger Energy Group, formerly The Bahamas Petroleum Company (BPC) is continuing its push to renew its oil exploration licenses and says that it is engaging with the government and various

Challenger Energy Group (CEG), the Isle of Man-headquartered oil and gas company focused on the Caribbean and Americas, has been awarded the last remaining available shallow water exploration block located off Uruguay.