China National Petroleum Corporation (CNPC), the country’s biggest oil company has sold 50% of its interest in the Trans-Asia...

Two German companies are seeking to invest $13b in Iran’s petrochemical projects in Ian, following the lifting of sanctions,...

Saudi’s state oil company, Aramco stated that Riyadh had the capacity and was better equipped to wait out current...

Iran’s Research Institute of Petroleum Industry (RIPI) has achieved technological progress to locally produce cementing plugs used in deep...

Argentina’s new President, Mauricio Macri, has announced a $500m shale oil investment as part of his program to revive...

Russia’s Rosneft, and two Indian oil majors, Oil India Limited and Indian Oil Corporation Limited, have signed a Memorandum...

China’s Sinopec, Asia’s largest oil refiner, has started production in the first phase of its Fuling shale gas project...

The Cyprus government has approved a two-year extension for the licenses of Italy’s ENI and its South Korean partner...

The Nigerian Navy has destroyed 48 illegal oil refineries, 8,000 metric tons of stolen oil, and 200 metric tons...

Algiers and Berlin are to start mutual energy cooperation by boosting German energy investments in the northern African country,...