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Tens of petrochemical projects in Iran are waiting for finance, a deputy head of the National Petrochemical Company (NPC)...

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The Minister of Petroleum and Mineral Resources, Sherif Ismail, hosted a meeting with the heads of various oil companies...

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The Minister of Petroleum and Mineral Resources, Sherif Ismail, has announced the following promotions and transfers among the public...

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South Africa plans to build the infrastructure to import natural gas to supply electric turbines as the country deals...

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Afren has broken off talks with Nigeria’s Seplat Petroleum Development Co. concerning a potential merger of the two companies....

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Cyprus signed an MOU with Egypt on Monday that could see the island supplying its Mediterranean neighbour with natural gas....

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Tullow Oil was in favour on Monday as optimism rose that the explorer could trade its way out of...

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Transocean CEO Resigns

Steve Newman is stepping step down as president and CEO of Transocean Ltd., effective Feb. 16. Additionally, he is resigning...

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Kuwait plans to boost its oil and gas drilling rigs by 50% by early 2016 as it seeks to...

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The semisubmersible Island Innovator has spudded a well on the Gemini prospect  in the central Norwegian North Sea for operator...

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