The PL1119 license group will evaluate the commerciality of the discovery by studying options for development through existing area infrastructure.

Oil prices fell sharply on Monday, reaching their lowest levels in 2025, following the unexpected decision by OPEC+ to restart some of its previously halted production. WTI crude fell 2% to settle at ...

Equinor and its partners have made an oil discovery at Mistral exploration well, located in the southern Norwegian sea.The ...