Iraq has positively surprised oil majors by starting quickly to repay accumulated debts, the head of Russia’s Lukoil said,...

US energy giants Exxon Mobil and Chevron are among the 21 companies that have registered to bid for Mexico’s...

Iranian Minister of Petroleum, Bijan Zangeneh, said that Iran wants a quota system of production to be reinstated in...

The new president of Brazil’s state oil company Petrobras, Pedro Parente, said on June 2nd during his swearing in...

Fitch Ratings, one of the three biggest credit rating agencies in the world, has maintained its sovereign rating on...

Egypt’s Minister of Petroleum and Mineral Resources, Engineer Tarek El Molla, his Mauritanian counterpart, Mohamed Salem Ould al-Bashir, Minister...

BP has agreed to pay $175m to settle claims that it deceived shareholders by underplaying the severity of the...

Turkish energy company Unit International has reached a $4.2b deal with the Iranian Energy Ministry to build seven natural...

Nigeria will not use force on Niger Delta Avengers (NDA) because it might escalate the country’s oil production decline,...

The Angolan President, Jose Eduardo dos Santos, has appointed his billionaire businesswoman daughter, Isabel dos Santos, as head of...