explaining that the oil there was very viscous, making it difficult to extract. "Nobody wanted it." But Mr Barak and his colleagues persevered, drilling hundreds of wells. The field was later sold ...

The deal would be the first oil extraction agreement with a foreign firm since the Taliban took power Afghanistan's Taliban government is to sign a contract with a Chinese firm to drill for oil in ...

PARAMARIBO, Suriname — France’s TotalEnergies and U.S. hydrocarbon company APA Corp. plan to invest $10 billion to extract oil off the coast of Suriname in a historic investment for the South ...

The country is planning to challenge the U.S. crude industry, where oil extraction is more expensive, while implicitly confirming it is difficult to charge more than $100 a barrel for crude.