A proposed U.N. resolution to crack down on the financing of terrorist groups calls for sanctions on individuals and companies trading oil produced by the Islamic State and other al-Qaida-linked groups.
Rome: The United States and five of its European allies on Saturday warned that Libya could face bankruptcy if its oil output and prices on international markets continue to fall.
financial assets if the situation d ...
As Nigerians prepare for presidential elections, the armed group Boko Haram, corruption and falling oil prices are some of the issues worrying Africa's most populous nation.
Minister of Petroleum Bijan Namdar Zangeneh says foreign energy companies are waiting to pounce on Iran’s oil and gas projects once sanctions are lifted.
FLORENCE, ITALY—Tanzania’s oil and gas sector is open for business and following a raft of offshore gas discoveries in the past few years, opportunities abound.
The Middle East and North Africa (MENA) countries are set to invest about $755 billion in energy projects over the next five years despite plunging oil prices, according to a report.
An Iranian lawmaker says Norway's largest oil producer Statoil ASA had bribed the son of former Iranian President Akbar Hashemi Rafsanjani to secure a contract on the development of a giant oil and gas field in Iran.
Maria das Gracas Foster, chief executive officer of Petroleo Brasileiro SA (Petrobras) since 2012, has resigned along with five other senior executives.
India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) has replaced Iran with Iraq in its list of oil suppliers and has purchased its first cargo of Basra Light from Baghdad.