International oil services group Aker Solutions has signed a two-year frame agreement with Egyptian oil giant Badr Petroleum Company...

Middle East Oil Refinery SAE, the Egyptian refiner known as Midor, is seeking to buy 30,000 metric tons of...

Sudan has vowed to use “all legitimate means” to repulse South Sudan from its largest oil field, a statement...

Oil fell below $120 a barrel on Wednesday to the lowest in almost two months, pressured by rising U.S....

Japanese refiner Cosmo Oil has bought 200,000 kilolitres (1.26 million barrels) of Saudi Arabian crude from storage in Japan...

Ukraine is planning to increase its own oil production, first and foremost, through the development of the Subotynske oil...

Italian petroleum operator Edison has completed the drilling of a developmental well located in the West Wadi El-Rayan concession...

Belayim Petroleum Company (Petrobel) has concluded the drilling of two new developmental wells in fulfillment of the company’s 2011-2012...

Jordan Petroleum Refinery Co, the country’s sole refinery, is importing more fuel oil and gasoil for power generation, as...

The president of the Organization of Petroleum Exporting Countries, OPEC, said Monday the organization is producing enough crude oil,...