Vaar Energi has discovered oil and gas at the Vidsyn prospect in the Norwegian Sea, the Norwegian oil company said on Monday.

U.S. energy firms this week added oil and natural gas rigs for the first time in 12 weeks, energy services firm Baker Hughes ...

The agency says the so-called Wolfcamp shale in Texas contains 20 billion barrels of oil and 16 trillion cubic feet of natural gas that are recoverable by hydraulic fracturing and other means.