The International Chamber of Commerce arbitration panel in London has found in favor of InterOil Corp. in its battle...

A new power plant has been commissioned in Mozambique by Aggreko and state power utility Electricidade de Moçambique (EDM)....

Dyna-Mac has secured a S$60-million ($44-million) letter of award to construct six units of FPSO topsides modules for Armada...

Mitsui Oil Exploration Co. Ltd. has succeeded in a joint bid in the Myanmar Offshore Bidding Round 2013 for three...

At least three workers were killed and 10 were injured Wednesday in an explosion at an offshore oil and...

Angolan President Jose Eduardo dos Santos said oil revenue in this year’s budget will plunge by almost half, forcing...

The Ministry of Petroleum and Mineral Resources will sign a commercial contract by the end of this month with...

Egypt’s President Abdel Fattah El-Sisi and Russian President Vladimir Putin have signed an agreement for Russia to construct a...

The port, located near the Libya-Egypt border, was closed Feb. 7, and the continued closure of the port would...

Iran has earned $1.35 billion for selling more than 3 million tonnes of fuel oil in the 10 months...