Stephane Michel, head of Total's Middle East, exploration and production division announced that his company will finance oil projects and transfer related technical know-how to Iran in the post-sanctions era
Sources at EGPC revealed that the rise in the dollar value will increase the crude oil and petroleum derivatives import bill to reach $ 1.3b a month in comparison to the previous range of $1.1b-1.2b, reported Al-Mal.
Ghana's Minister of Energy and Petroleum, Emmanuel Armah-Kofi Buah, said his country would relentlessly grow its oil reserves in order to ramp up and sustain oil and gas production
Circle Oil, the North African company, informed that the KSR-A well, located within the Ksiri Central production concession of the Sebou permit, onshore Morocco, reached a TD of 1,890 metres MD on 19 September 2015.
South Africa does not need another oil refinery because the slowing economy has curbed demand and the country has ample petrol production, said Shash Rabbipal, the new chairman at the local unit of Chevron.
Nigerian former oil minister Diezani Alison-Madueke, who is under investigation over allegations of bribery and money laundering, has breast cancer and will undergo surgery in Britain.
Libya has begun exporting oil again from the eastern terminal of Zueitina after production restarted at a nearby oil field, Libyan oil officials said Thursday, in a rare sign of progress in that country’s embattled i ...
Tarek El Molla—Minister of Petroleum and Mineral Resources—held extensive meetings with a number of heads of Arab and foreign companies operating in Egypt including: Emirati Dana Gas, BG Group, Petronas, and Engie (r ...