The Egyptian authorities have given the green light to Japanese outfit AOC Holdings plans to buy a 90% stake...

US-based Apache said today it had made another dscovery in Egypt’s Western Desert, this time with the Jade-2x discovery...

Nigeria has agreed a new system for sharing surplus oil revenues among the various tiers of government, resolving a...

Saudi company Injaz Projects and its consortium partners, Azerbaijan Oil & Gas Company (SOCAR), the Kazmunaigaz Company of Kazakhstan...

Verenex Energy reports final flow test results on its third oil discovery well in Libya. C1-47/02 Flow Testing The...

The Egyptian-Chinese Company will start manufacturing 2000-horse power onshore oil rigs in Egypt before the end of this year,...

The Eni SpA (E)-led consortium developing the giant Kashagan oil field Monday signed a memorandum of understanding with the...

Iran’s Acting Oil Minister Gholam-Hossein Nozari said 92 oil companies would be privatized in line with Article 44 of...

Qatar Petrochemical Co (Qapco) recently inaugurated the first ethylene cargo to Finolex Industries of India from its Ethylene Expansion...

United Arab Emirates player Dana Gas has boosted its convertible sukuk offering by a further 5 million to billion....