Australia has joined the EU in banning imports of Iranian oil and imposing a range of heavy sanctions amid...

San Leon Energy has completed the acquisition of more than 2,280 km of 2D seismic across its Tarfaya and...

The European Union banned imports of oil from Iran on Monday and imposed a number of other economic sanctions,...

South Sudan President Salva Kiir accused Sudan on Monday of seizing $815 million worth of its crude oil in...

Halliburton Co., the world’s largest provider of hydraulic fracturing services, said fourth-quarter profit rose as customers boosted spending on...

Apache Corp. agreed to buy closely held Cordillera Energy Partners III LLC for $2.85 billion in cash and stock,...

Kuwait Energy Plc, one of the fastest growing independent oil and gas exploration and production companies in the Middle...

Royal Dutch Shell PLC said Friday it will spend nearly 986.78 million (C$1 billion) on deepwater oil exploration off...

Schlumberger Ltd.’s fourth-quarter earnings rose 36% as a global drilling frenzy continued despite fears about the global economy. The...

South Sudan has accused neighbouring Sudan of ”looting” its oil and has threatened to begin shutting-in production over the...