Two of the world’s largest oil giants, Rosneft and Saudi Aramco, are increasingly unlikely to bid in the privatization...

Iran’s landmark South Pars phase 12 refinery is now receiving in excess of 46 million cubic meters per day...

Equinor and its license partners Petoro AS and Wellesley Petroleum AS have found 2-6 million standard cubic meters of...

Sudan and South Sudan have come up with a draft deal to develop oil cooperation, including resuming production from...

Bharat Petroleum Corporation (BPCL) has signed off a 15-year long term contract for 1 million tonnes per year (mmt/y)...

Brazil’s state-run oil producer, Petrobras, has plans to spend $6 billion by 2024 to decommission 18 offshore platforms, according...

US oil and gas producer, Devon Energy Corporation, will buy shale-oil rival WPX Energy for an estimated $2.56 billion...

Nigeria has finally created an oil bill to modernize Nigeria’s oil sector and partially privatize the Nigerian National Petroleum...

ADNOC Logistics and Services (ADNOC L&S), a shipping and maritime subsidiary of the Abu Dhabi National Oil Company (ADNOC),...

Equinor and partners have decided to invest in the development of the North Sea oilfield, Breidablikk, and have pledged...