State-owned Petroleum Development Oman (PDO) will restructure its debts portfolio in the future by borrowing abroad to finance its...

The government of Cyprus announced that it would push ahead with a third licensing round to search for potential...

Algeria will add 4,500 MW renewable power capacity by 2020, Energy Minister, Salah Khebri said, noting that a call...

Saudi Arabian company Acwa Power agreed with three international institutions to fund the power plant of Dayrut city in...

The global oil market has witnessed first coordinated move in years to boost crude prices. Saudi Arabia and Russia,...

Royal Dutch Shell, Europe’s largest oil company, expects to make robust investments in Brazil’s offshore resources, hoping to quadruple...

The government of Angola will adopt a set of measures on taxation, monetary policy, foreign trade, and the productive...

Libya’s Coast Guard has intercepted a tanker suspected of involvement in fuel smuggling operations while in waters off the...

Jordan and Algeria discuss bilateral energy cooperation and prospects for importing liquefied natural gas from the North African nation,...

Ghana’s President, John Dramani Mahama, has projected country’s oil production to hit 0.5mb/d in 2020 by adding oil from...