Canada’s TransGlobe Energy has agreed to buy seven oilfields with 24 producing wells as well as eight development leases...

Dana Gas, the Middle East’s first and largest regional private-sector natural gas company, has made the first ever oil...

French utilities Suez and Gaz de France moved closer to clinching a 90 billion euro ($123 billion) merger after...

Japanese and South Korean firms have won a $1.8 billion contract to build a diesel oil refinery in Egypt...

Syria’s oil minister said on Monday fuel prices would soon rise, and he blamed the increase in part on...

Kazakhstan wants hefty compensation for cost overruns and delays at the giant Kashagan oil field and favors replacing Italy’s...

Oil and Natural Gas Corporation Ltd. (ONGC) has entered into an MoU with global oil major BP, to collaborate...

India has raised the size of the first phase of a planned strategic crude reserve by 33 per cent,...

Jordan’s King ordered to speed up in implementing the country’s nascent nuclear power program in a bid to cut...

Saudi Arabia has started setting up a 35,000-strong security force to protect its oil infrastructure from potential terrorist attacks,...