Venezuela and Saudi Arabia held talks about mutual cooperation between OPEC members to stabilize the global oil market, currently...

Oil supply from non-OPEC countries is forecast to decline to 56.4mb/d in 2017 due the global oil prices drop...

Iran is planning to increase daily oil production to 750mcm from the South Pars field, jointly operated with Qatar,...

The Ministry of Petroleum and Mineral Resources has changed plans to generate capital for petrochemical projects through the Egyptian Exchange,...

Saudi Arabia cut pricing for March sales of its Light crude grades to Asia, according to Energy Voice. A...

Egypt and Russia are planned to sign this month the main contracts for setting up Egypt’s first nuclear plant in...

Royal Dutch Shell has announced it would postpone the Final Investment Decision (FID) on the $12b Bonga South-West oil...

National Oil Corporation (NOC) in western Libya warned traders against loading ‘illicit’ cargoes of oil at Hariga port in...

Mozambique is to give the final go-ahead for gas projects that are being developed by Italy’s Eni and US...

Mexico saw prices of its crude fall to $24.47 a barrel in February. The country is also facing a...