Shell has declared force majeure on exports of Nigeria’s Forcados crude oil stream, a spokesman for the company said...

The dollar touched its lowest level in 11 weeks and US and European equities remained under pressure as the...

Cuba unveiled new data Wednesday that it said confirmed there were billions of barrels of oil beneath its Gulf...

Moscow plans to invite companies from India to jointly extract oil and gas from Russia’s Arctic shelf deposits, Kremlin aide Yuri Ushakov said...

As the oil industry tightens its belt after the worst price slump in a generation, the state-owned giants of...

Aquarion Group, a leading provider of advanced technologies for the oil & gas industry sector and process industries, has...

Abu Dhabi National Oil Company (Adnoc) raised the retroactive prices of crude sold to Asia in April, after robust...

Nigeria will slash petrol subsidies by 90 percent this year because government revenues have been hit by the slump...

Saudi Electricity Co (SEC), the Gulf’s largest utility firm, is looking for investment opportunities to offset financial pressures on...

Qatar Petroleum has invited international oil companies to compete to operate and develop its Al-Shaheen oilfield from mid-2017, a...