Iran has not stored oil on tankers in the Gulf, and its crude exports have not been disrupted due...

Inpex and Total have given the green light to build one of Australia’s most expensive energy projects at an...

Statoil reportedly may be looking to dispose of its stake in the West Qurna 2 field development project in...

Oil dropped to a three-week low after two European Union officials said an embargo on Iranian crude imports may...

In December, Saipem has been awarded in Saudi Arabia, by SABIC affiliate Safco (Saudi Arabian Fertilizer Company), the lump...

A major Nigeria oil workers’ union Thursday threatened to halt production from Sunday if the government doesn’t reinstate fuel...

Austrian energy giant OMV said Thursday its oil production in Libya now stands at 60% of the pre-war level,...

Badr Petroleum Company (Bapetco) finished the drilling of two development wells, BED-19-2 and BAHGA-U in the company’s Alam El-Shawish...

Agiba Petroleum Company revealed that its production rates of crude oil and natural gas have been, to some extent,...

Belayim Petroleum Company (Petrobel) witnessed a steady production rate over the last quarter of 2011. The company concluded the...