Norwegian oil companies have agreed to a wage deal with three ​labour unions, preventing any strike action that would have ‌disrupted output, negotiators for both sides said on Friday.

More than two dozen workers were evacuated after a fire broke out Monday on an offshore oil platform off the coast of the U.S. state of California.

Senegal joined the club of oil-producing countries on Tuesday as Australian group Woodside Energy announced that production had started in the west African country's first offshore project, News.Az reports citing AFP.

South Korea’s President Yoon Suk Yeol endorsed on Monday a plan for drilling off the east coast of one of the world’s largest oil and gas importers, to explore what studies say are potentially vast resources of crude oil and natural gas.