U.S. giant oil services company Weatherford International Ltd. won a $843 million crucial oil field facilities contract from Eni...

Germany’s Wintershall and OMV of Austria have teamed up with Abu Dhabi National Oil Company (Adnoc) to sink appraisal...

Iraq has asked U.S. President Barack Obama to stop Exxon Mobil exploring for oil in its autonomous Kurdistan region,...

Badr El Din Petroleum Company (Bapetco) has completed drilling two new developmental wells in its Western Desert concession area...

The Italian Edison Gas has concluded the drilling of a new exploratory well last April, located in the Wadi...

Statoil said that it expects first production from its Svalin field in the North Sea to begin in 2013...

Libya will offer new production-sharing agreements to international oil companies on improved terms to existing contracts, but this won’t...

Royal Dutch Shell’s Nigeria operation is working on selling three oil blocks in its latest move to divest some...

A sale by RWE AG (RWE) of energy assets in Egypt is stalled as the country’s turbulent political transition...

Investors in an Egyptian petroleum refinery project, led by Citadel Capital and Qatar Petroleum, have secured $3.7 billion in...