China and the United States have signed a preliminary agreement to cooperate on strategic petroleum reserves (SPR), China’s National Energy...
Kenya is expected to join the league of oil producing countries in Sub Saharan Africa by 2017, going by the...
Kenya is expected to join the league of oil producing countries in Sub Saharan Africa by 2017, going by the...
Africa will experience significantly higher production costs for its own new grass-root projects, which are planned in Nigeria, Angola and...
The Louisiana Offshore Oil Port LLC (LOOP) has been a symbol of United States’ dependence on foreign oil for more...
The Louisiana Offshore Oil Port LLC (LOOP) has been a symbol of United States’ dependence on foreign oil for more...
Sahara Group’s upstream affiliate, Enageed Resources, has completed the third well of a three-well onshore drilling programme in Oil Prospecting...
British oil and gas services group Petrofac said it secured a $700 million contract from Kuwait Oil Company for a...
Halliburton has signed an agreement with the SPT Energy Group affiliate, Petrotech (Xinjiang) to establish a joint venture company focused...
Nigeria’s Oando has converted a $218.9 million loan to its Toronto-listed unit Oando Energy Resources to equity, to increase its...
Profit at Petrobras, Brazil’s state-led oil company, could be reduced by $15 billion between 2014 and 2018 if it had...
There are already predictions that Kurdistan will seek independence and quickly aim to become a major oil producer. Barely on...
Global oil demand growth will accelerate in 2015 as the world economy expands and will again be met by rising...
Global oil demand growth will accelerate in 2015 as the world economy expands and will again be met by rising...
A subsidiary of Chinese state oil giant China National Offshore Oil Corporation (CNOOC) has signed an around $1.6 billion deal...