Libya has started to gradually re-operate the country’s huge Sharara oilfield following a four month blockade, according to Reuters. ...

Premier Oil has managed to renegotiate with BP concerning their North Sea oilfields acquisition deal for September 30, according to...

OPEC member Mexico has stated that it will not join other top oil producing countries in supporting further oil...

The Organization of the Petroleum Exporting Countries (OPEC) held its 11th ministerial meeting on June 6 and agreed to...

Misr Petroleum and Co-operation Petroleum (Copetrole) has issued new calibration certificates for new tankers with a modernized and more...

Aton Resources Inc. ceded 25% of its fully-owned Abu Marawat concession located in the Eastern Desert, according to a...

Eni’s Board of Directors has approved a new business structure for the company, in which two new business groups were created:...

Russia’s energy giants Gazprom and RusGazDobycha have reached a final decision on the development project for the Semakovskoye gas...

Oil product stocks have reached new record levels at the United Arab Emirates (UAE)’s East Coast Port of Fujairah...

Nigeria has launched its first bid round for marginal oilfields for the first time since 2002 despite some legal...