The London-based explorer BP and China National Petroleum Corp. (CNPC) have signed a Production Sharing Contract (PSC) for shale...

Brazil’s troubled state-run oil company Petrobras announced a beefed up voluntary layoff program that could affect up to 12,000...

China is ready to import 27m tons of Russian crude this year, which would allow Moscow overtake Saudi Arabia...

Kenya Ports Authority (KPA) is set to start construction work for a new oil terminal in Mombasa from October...

The International Monetary Fund (IMF) cuts again its growth forecast for Nigeria as the oil exporter faces “substantial challenges”...

Tehran has announced that it has laid foundation for a subsea pipeline to export natural gas to Oman following...

Saudi Arabia’s Deputy Crown Prince, Mohammed bin Salman, said that Riyadh will only freeze its oil output if Iran...

Libya’s National Oil Corporation (NOC) said it was working with the U.N.-backed unity government to coordinate future oil sales...

Egyptian Electricity Transmission Company (EETC) plans to contract with French company Alstom for the installation and supply of five...

Iran will attend talks with fellow members of the Organization of Petroleum Exporting Countries (OPEC) and Russia in Qatar on...