Algeria intends to launch a licensing round including offshore blocks for the first time within the next two years,...

Tullow Oil has struck a sizeable column of “good quality light oil” at a deep-water exploration well off West...

Premier is pleased to announce that the Carnaby exploration well 28/09-5A (Premier equity 50 per cent) has reached a...

BP has lifted Force Majeure in respect of its Libyan Exploration and Production Sharing Agreement (EPSA) with the National...

Offshore deepwater drilling specialist Seadrill announced that it is advanced discussions regarding a new five-year contract for the drillship...

Bad weather has disrupted oil exports from Iraq’s southern offshore terminal and forced neighbouring Kuwait to halt all of...

Russia’s biggest privately owned oil producer OAO Lukoil Holdings said Friday it has received the right to explore the...

Egypt’s finance ministry said it had given the oil ministry an additional $100 million to buy petroleum products. The...

The Petroleum Ministry has obtained approval from the Defense Ministry for the Egyptian Natural Gas Holding Company (GASCO) to...

Shell has decided to quit its Libyan exploration blocks amid insecurity and harsh contracts, in the first such move...