Shell has no timeline to restart the Seibou 2 wellhead in Nigeria that it closed in January after it leaked 550 barrels of crude oil, a spokeswoman said on Friday.
China's imports of commodities eased again in February, as the Lunar New Year holiday week took a bite out of shipping volumes, preliminary customs data showed on Sunday.
The EU is discussing the possibility of setting up a naval blockade of crisis-plagued Libya. The move could help to control oil exports, stem the movement of weapons fueling the conflict, and prevent the flood of ref ...
The heads of Brazil’s two houses of Congress, former ministers and an ex-president are among a list of 54 names who will be investigated in relation to corruption at Petrobras
Mohsen Qamsari, head of the NIOC's international affairs, said that the Islamic Republic is set to inject more oil into the world market in an attempt to raise market share.
There are indications that the nation’s oil and gas market would bounce back in the next four years, as a recent report by an international agency predicts a significant growth in the market value to about $7.5 billi ...
The Philippine government has ordered the suspension of all exploration at an offshore oil and gas field because of an ongoing territorial dispute with China, a Filipino-British company said.
Oil rebounded on Tuesday as Israeli Prime Minister Benjamin Netanyahu warned the Obama administration against accepting a weak nuclear deal with Iran, while rival Libyan forces targeted oil terminals in the African n ...
Egypt aims to fully repay its $3.1 billion debt to foreign oil and gas companies by mid-2016, around a year later than previously indicated, according to the oil ministry.
Damascus - Minister of Petroleum and Mineral Resources Suleiman Abbas and South African ambassador in Damascus Shaun Byneveldt discussed cooperation in the fields of oil, gas and mineral resources' investment.