BP PLC is to exit the Sakhalin-5 gas project, and Russian state oil company OAO Rosneft will continue working...

Total announces that its subsidiary, Total E&P USA, has signed and completed on December 30, 2011 an agreement to...

BP Plc seeks to have Halliburton Co., its cement contractor for the Macondo well project whose blowout set off...

Oil fell from its highest settlement in almost eight months on signs that Europe’s debt crisis may drag the...

Dana Gas, one of the UAE’s leading companies, drilled a new exploratory well, Fluto, in the area of Delta....

Dara Petroleum Company (Petrodara), a subsidiary of Transglobe, drilled a new development well, East Arta-23, in the West Gharib...

Rashid Petroleum Company (Rashpetco) completed the drilling of a new development well, SIMSAT-B2-DA in the West Delta Deep Marine...

Tug FAIRMOUNT SHERPA has successfully towed jack-up drilling rig BAHARIA I to her new position in the Zeit Bay...

The Petroleum Products Pricing Regulatory Agency (PPPRA) announced the full withdrawal of subsidies from Petrol (Premium Motor Spirit). According...

Bentiu – Part of an oil field in South Sudan’s oil-rich Unity State caught fire on Wednesday causing a...