UAE-based energy firm RAK Petroleum said it has $400 million ready for acquisitions and is hunting for oil and...

Foreign and Egyptian banks in Egypt are becoming active partners in the field of oil and petrochemical industries thanks...

Libya is to invite international tenders for exploration of its onshore and offshore natural gas reserves in the next...

Sunni Arab and Kurdish politicians and a powerful Shiite party said Wednesday they hadn’t agreed to a draft bill...

Germany’s RWE Dea has flowed first commercial gas from the Cavendish field, in Block 43/19a, in the UK’s Southern...

China National Petroleum Corp, parent of PetroChina Co Ltd (HK0857), has signed a production sharing contract (PSC) with the...

Iraqi cabinet endorses amended oil lawIraq’s cabinet on Tuesday approved an amended draft oil law — a key plank...

The Egyptian Minister of Petroleum Eng. Sameh Fahmy witnessed the signing of a financing agreement in which Egyptian banks...

Petzed, a fully owned subsidiary of National Petroleum Company (NPC), achieved a new commercial oil discovery in South Abou...

The Iranian government is planning to build a multimillion-dollar oil refinery in Bojonegara, Serang, Banten, announced Iran’s Ambassador to...