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Gulfsands Petroleum plc has been awarded an extension to its Moulay Bouchta petroleum agreement in Morocco, Proactive Investors reported....

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Iraq’s oil reserves have increased to 153b barrels, from a previous estimate of 143b barrels, according to the Oil...

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Kuwait is sticking with plans to add 0.5mb/d of oil production capacity to its national output as it prepares...

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Figures show that Saudi Arabia has lost a significant share of South Korea’s oil market to Iran, Press TV...

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Tunisia has recorded a drop in crude oil and natural gas production of 10.1% in 2016, compared to 2015, Oil Price...

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Nigeria’s Federal Government plans to generate up to $16.4b through asset sales in the next four years to reduce...

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Angola remained in January as the largest oil producer in Africa, overtaking Nigeria, according to the February issue of...

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Iran to dissolve NGSC, IGCC

The National Iranian Gas Company’s (NIGC) Managing Director, Hamidreza Araghi, expounded on details of dissolving Natural Gas Storage Company (NGSC)...

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State oil giant Saudi Aramco has signed a contract with Chinese oil refiner North Huajin Chemical Industries Group Corp to...

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Iran’s oil exports have reached the pre-sanctions level and its oil revenues are accordingly expected to amount to $45-$50b...

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