Calgary, Alberta – March 10, 2008 / TransGlobe Energy Corporation (“TransGlobe” or the “Company”) is pleased to announce a...

CAIRO: Invensys Process Systems have joined ENPPI and GASCO in a joint venture to create Invensys Process System Egypt,...

Scotoil Services’ Cairo-based joint venture, Oilfield Environmental Services (OES) has won a $1.3 million job to remove and dispose...

LUKOIL Overseas (OAO LUKOIL’s 100% subsidiary) has completed a transaction with ZAO MGNK-SoyuzNefteGaz to acquire 100% of SNG Holdings...

Gulf Keystone Petroleum Limited (AIM: GKP) announces that its subsidiary Gulf Keystone Petroleum International Limited (“GKPL”) in partnership with...

Oilex Ltd has confirmed that preparations are underway to conduct Drill Stem Test #3 of the Lower Gharif Formation...

Oil hit a record high above $105 on Thursday as a weak dollar helped prices to extend the previous...

Doha: Middle Eastern and North African (Mena) countries are flaring natural gas worth as much as billion every year,...

Oil ministers of the Organization of Arab Petroleum Exporting Countries (OAPEC) said that international investment in petroleum has shrank...

London: Oil was steady on Tuesday after it reached a record of almost $104 a barrel in the previous...