Oil production in Libya has reached 1.3 million barrels per day, the state-owned National Oil Corporation said Thursday, as...

Aminex has announced a further update on drilling of the Ntorya-1 exploration well in the Ruvuma Basin onshore in...

ConocoPhillips (COP) reported fourth- quarter profit that surpassed analysts’ estimates as the producer said it plans to idle some...

Iraq and Russia’s OAO Lukoil Holding have awarded a $998 million deal to south Korea’s Samsung Group to develop...

Brent crude rose above $110 on Thursday, extending gains on hopes of demand growth revival after the U.S. Federal...

ExxonMobil, the first supermajor to move into Iraqi Kurdistan, is quietly mobilising in Arbil despite strenuous objections from the...

Oil production in the country has now resumed following the eight-month war. “The National Oil Corporation announced…that the production...

India and Pakistan on Wednesday announced several initiatives to accelerate cooperation in the oil and gas sector, as the...

Gulf Keystone provides an update on its ongoing exploration and appraisal programme in the Kurdistan Region of Iraq, which...

Kuwait’s crude oil exports to China surged 58.9 percent in December 2011 from a year earlier to 853,000 tons,...