Louisiana lawmakers testified recently that new federal drilling safety regulations will severally raise costs and reduce competitiveness, NOLA Media reported.
Cyprus Energy Minister Giorgos Lakkotrypis said that in the next few days Cyprus will have an idea of whether the large natural gas reserve recently discovered [Zohr] off the coast of Egypt extends inside the island’s Exclusive Economic Zone (EEZ)
Morocco's only oil refiner, Samir, called for an extraordinary general assembly meeting on October 16 to approve plans for a capital increase of $1.04b in an effort to end the company's financial difficulties
The Swiss attorney general’s office has confirmed that it is helping Oman investigate alleged corruption in the country’s national oil company and oil ministry
Two European companies, Spain's Tecnicas Reunidas and Britain's Petrofac, have been selected build the Fadhili gas plant in Saudi Arabia for Saudi Aramco
South Africa-based Sasol and its partners in Mozambique have signed an agreement with Petroleos de Mocambique (Petromoc) to purchase condensate from the latter.
Iraq has formally asked oil companies investing in the country to reduce their 2016 spending plans by September 30, citing lower oil prices and government revenue