The General Petroleum Company (GPC) invested EGP 195 million for the discoveries made during the fiscal year (FY) 2019/20,...

Iraq, OPEC’s third-largest oil producing nation, increased its exports to 2.876 million barrels per day (mmbbl/d) in October up...

Royal Dutch Shell has acquired full control of a joint venture (JV) in China pertaining to gas stations in...

Canadian producers are rigorously producing extra crude in an attempt to try and offset a dire year for the...

The House of Representatives gives the final approval on amending Article 34 of the Investment Law No. 72 for...

The Angolan state oil company, Sonangol, has reached a final investment decision (FID) for the construction of the Cabinda...

US oil output fell 3.6% to 10.6 million barrels per day (mmbbl/d) in August as the offshore Gulf of...

The Cabinet approved to settle the debt owed to the Ministry of Petroleum and Mineral Resources by some companies...

Sweden’s Tethys Oil has Acquired a majority interest in Block 56, an onshore concession located in the southeastern part...

 Wintershall Dea affiliate, Wintershall Aktiengesellschaft (WIAG), has transferred operatorship of Contract Areas 91 and 107 on the onshore Sirte...