BP and Eni confirmed the preliminary results of the Capricornus 1-X exploration well in Namibia's Orange Basin.

CAPE TOWN (Reuters) -African energy explorer Rhino Resources has discovered light oil in its second exploration well, Capricornus 1-X, that was drilled in the Orange Basin off Namibia's coast, the ...

Crude oil futures climb on Iran sanctions and sharp U.S. inventory draw, fueling a bullish short-term oil outlook despite IMF ...