Libya’s National Oil Company (NOC) announced a decline in oil production to the level of up to 370,000b/d, down...

Iran has revealed its oil prices for European buyers for the first time since sanctions were lifted against the...

Iran plans to scale up its oil production by 700,000b/d in the near future, according to the Iranian Deputy...

Turkmenneft, Turkmenistan’s state concern starts implementation of plans on the development of oil and gas basins in the Turkmen...

Brazil’s state-run oil giant Petrobras should cede some of its drilling rights to foreign companies, the Royal Dutch Shell...

Minister of petroleum and Mineral Resources, Tarek El Molla approved the formation of the joint venture company, PetroShorouk Petroleum,...

Baghdad and Tehran agreed to hold talks about a gas pipeline deal between the two countries to execute 25mcm...

The Shell Petroleum Development Company of Nigeria Limited (SPDC) is intensifying efforts to recover from oil spill at the...

Nigeria’s President, Muhammadu Buhari, has reiterated that the country will not devalue its national currency, the naira, in spite...

Russia’s top oil producer Rosneft and Venezuela’s state oil company PDVSA signed an agreement to set up a joint...