Egypt’s EGPC recently announced in a press release that the framework agreement with the Islamic Development Bank (IDB) to...

The total bill for fuel subsidies during the first half of the current fiscal year (July to December 2014)...

Kuwait Foreign Petroleum Exploration Company K.S.C. (KUFPEC) signed an exploration license and petroleum concession agreement with Pakistan, with the...

Several agreements were signed in oil, gas and mining sectors were signed at the recent Economic Summit, under the...

North Atlantic Drilling Ltd (NADL) has received a notice of termination from Rosneft of the service order for the...

Algeria is seeking to coordinate a global response from oil-producing nations to tumbling prices, Algeria Press Service reported, citing...

Mozambique, site of the biggest natural-gas discovery in a decade, may have to delay its petroleum licensing round because...

US shale oil producers could reduce output late this year if low oil prices continue, according to a new...

SpeedCast International Limited has signed a definitive agreement for the acquisition of Hermes Datacommunications International Ltd, a leading global...

KBR has been awarded a project management contract by Saudi Aramco to provide project management services for Saudi Aramco’s...