Total has completed the divestment of its stake in onshore Oil Mining Lease (OML) 29 to Aiteo Eastern E&P,...

Plunging oil prices have been an economic windfall for U.S. consumers, primarily through greater savings at the pump. In...

Ethiopia expects to start producing and exporting natural gas from under-developed reserves in its southeast by 2017, Prime Minister...

Speculators were the least bullish on crude in two years before prices surged as Saudi Arabia and its allies...

Two bodies were found on Sunday at the site of a gas explosion that destroyed three New York City...

A senior Iranian nuclear negotiator categorically rejected an AP report on the transfer of Iran’s enriched uranium stockpile to...

Outside the boardroom of BP Plc’s headquarters on London’s swanky St. James’s Square, a display case houses the geological...

Saudi Kayan Petrochemical Co has restarted production at its olefins plant following a near two-month shutdown for maintenance work,...

Sharjah’s Hamriyah Free Zone is seeking more investment in the plastics and packaging and food and sectors within the...

A tanker bound for Italy was loading 600,000 barrels of oil at the Libyan port of Hariga on Sunday,...