Abu Dhabi National Insurance Company (ADNIC) has renewed its Memorandum of Understanding (MoU) with Schlumberger Group to continue providing...

Iran is in talks to help build a 200,000 b/d refinery in Spain, reported Trade Arabia. Iran will finance...

Turkmenistan’s President, Gurbanguly Berdimuhamadov, has signed a decree to establish Turkmen National Oil and Gas Company (NAPECCO) in accordance...

Global crude oil prices continue dropping to record low, with Brent down at $32.62 per barrel and US West...

The Egyptian General Petroleum Corporation (EGPC) decided to postpone planned bid round until prices of Brent oil stabilize in...

Nigerian authorities are under increasing pressure to devalue the national currency, the naira, as oil prices have declined, Bloomberg...

Islamic State has attacked one of Benghazi’s major electricity generation plants in a recent series of violent assaults on...

Iraq’s state-run North Oil Company (NOC) has confirmed that a technical fault with the pipeline that transfers oil from northern...

Algeria’s energy export volumes dropped by 2.8% in the first nine months of 2015 due to increased domestic consumption...

A source in the government, who declined to be named, told Egypt Oil & Gas that butane subsidies for...