A Chinese court allowed a lawsuit by a domestic non-governmental organization against Cnooc Ltd. and ConocoPhillips over the Bohai Bay oil spill in 2011, in what may be one of the first tests for the government’s new environmental-protection laws.
Turkey is well placed and an increasingly significant hub for oil and natural gas transits from the Middle East, Central Asia and Russia to Europe and the Atlantic, the U.S. Energy Information Administration (EIA) said.
Nigerian President Muhammadu Buhari plans to split the state-owned Nigerian National Petroleum Corporation (NNPC) into two entities, his spokesman said on Saturday.
General Electric Co. booked $2.5 billion of orders from sub-Saharan Africa in the past 11 months, including oil and gas equipment for Eni SpA in Ghana and locomotives for Angola.
Saudi Basic Industries Corp (SABIC), one of the world's largest petrochemicals groups, reported a 4.5% drop in second-quarter net profit on Sunday, a much smaller decline than analysts had forecast.
The Emirates Nuclear Energy Corporation (Enec) has installed its second full scope APR-1400 training simulator at the organisation’s Simulator Training Center (STC) in Barakah, Abu Dhabi.
Dubai Electricity and Water Authority (Dewa) has received the best practice award by Cisco, a global leader in networking technologies, for the upgrade of its technology infrastructure to support future expansion plans in line with Dubai Smart City goals.
South Africa's four crude oil refineries are holding off any resumption of imports from Iran, where sanctions are yet to unravel fully following a nuclear deal between Tehran and the West, operators said on Wednesday.