Gulf Keystone has completed a placing of 75,600,000 new common shares of $0.01 at a placing price of 9p...

Canada has signed a memorandum of understanding (MoU) with Libya for cooperation in the peaceful use of nuclear energy....

Royal Dutch Shell and Exxon Mobil have both reported a big fall in quarterly profits, due to the sharp...

BP plans to invest $2 billion over the next five years in the oil and gas projects it operates...

The Tafejjart-1 well (TAJ-1) in the Bouanane licence, onshore Morocco, has been concluded at a depth of 3,274 metres...

Sharabas-1 and Sama-1 move the Company closer to its 40,000 barrels of oil equivalent per day production target Dana...

National Iranian Oil Products Distribution Company (NIOPDC) and a Chinese consortium signed an agreement on Saturday to expand the...

The price of crude oil plummeted nearly 6% on the New York Mercantile Exchange Wednesday, settling just above $63...

Oil and water don’t mix. That’s why water is used to help drive oil out of a reservoir and...

Apache Corporation reported the latest in a series of new field discoveries in the Matruh Concession of Egypt’s Western...