Oman Oil’s exploration and production division mulls investments worth $4 billion over the next five years to boost its oil output up to 200,000b/d in 2020, Zawya reported. According to the Oman Oil Company Expl...
The Nigerian National Petroleum Corporation (NNPC) said that nearly $250m worth of oil was stolen between January and September from a single Nigerian pipeline running north-east from Lagos to the city of Ilorin, BBC ...
Iran and Indonesia have signed a deal on oil export and the construction of a power plant and a refinery in the Southeast Asian country, according to a report. Indonesia sought the co-operation of Iranian contraction ...
Saudi Arabia, the world’s top oil exporter, said on Monday it can pump more oil at a moment’s notice, the day after Iran warned Gulf oil producers not to compensate for any disruption to Iranian output. Sa...