Saudi Aramco will invest $90 billion in the next five years to increase refining capacity by 50 percent to...

The news that the Ugandan government has finally awarded the U.K. oil firm three production licenses brings “extra flexibility”...

Gulf Keystone announced that all required documentation has been executed and all necessary Government approvals obtained pursuant to the...

U.S. crude oil prices slipped towards $97 a barrel on Thursday as a larger-than-expected rise in crude oil stocks...

Brazilian state-run Petroleo Brasileiro, or Petrobras, completed its four-tranche $7 billion bond deal in the U.S. credit markets Wednesday,...

DNO International has reported oil shows at the Pehkabir-1 exploration well in Iraqi Kurdistan, although analysts believe the commerciality...

Saudi Arabia remained the dominant energy investor in the Middle East and North Africa (MENA) region, with an estimated...

Saudi Arabia has nominated its candidate to succeed the current head of the Organization Petroleum Exporting Countries, Gulf oil...

U.S. District Judge Carl Barbier on Tuesday upheld Halliburton’s claim that its contract with BP requires BP to defend...

Fire engulfed a crude oil pipeline in Syria following an explosion on Tuesday, a report has claimed. The blaze...