CNOOC Limited has announced that its Qinhuangdao 32-6 comprehensive adjustment project has commenced production. The Qinhuangdao 32-6 oilfield is...

  Would you tell us a bit about yourself? My background is in chemical and petroleum engineering. I started...

Egypt has set the price of shale gas expected to be extracted from a recent concession to foreign firms...

PRESS RELEASE, BP Egypt announced today another important gas discovery in the North Damietta Offshore Concession in the East...

The Media Office of Zuetina Oil Company has reported that the company has vacated all its employees from oilfield...

Hedge funds cut bets on rising oil prices at the fastest pace since December 2012 as U.S. inventories expanded...

In a world of $55 a barrel oil, Exxon Mobil Corp. is relying on shale fields in Texas, Oklahoma...

The dues owed to EGPC from government agencies rose to EGP195 billion by the end of the month of...

The Libyan national oil company declared 11 oil fields nonoperational because of “theft, looting, sabotage and destruction” by “unidentified...

Experts say a majority of key oil exporting Arab countries could face a budget deficit of at least $122...