Petróleo Brasileiro S/A – Petrobras, announces that, after a visit made to Saudi Arabia late October, it is analyzing...

Three foreign companies are negotiating with the Ministry of Petroleum plans to develop oilfields in the Red Sea over...

BP has hit oil with the NS 377-3 field development well in Egypt’s Gulf of Suez North Shadwan concession....

Egypt’s state-owned Egyptian Natural Gas Holding Co. (EGAS) has shelved plans for the construction of a second LNG train...

German utility company RWE said it is not in talks with Iran regarding the country’s participation in the €7.9...

BP, and China National Petroleum Corporation (CNPC), have signed a technical service contract with Iraq’s state-owned South Oil Company...

BP and Eni SpA have found 2 trillion cubic feet of gas, half of what is needed to start...

StatoilHydro ASA is changing its name to Statoil ASA with effect from today, and simultaneously adopting its new visual...

Apache Corporation reported that for the first time average worldwide production surpassed 600,000 barrels of oil equivalent (boe) per...

Circle Oil reported that the Al-Amir SE-4X appraisal well has been successfully drilled and tested in the onshore North...