Latest news
CEO: Eni to inject 20 bln euros in Africa’s energy sector
Italian energy giant Eni envisages investing about 20 billion euros ($22.5 billion) in Africa over the next four years, mostly in the oil and gas industry, according to the company's Chief Executive Officer Claudio Descalzi.
read more... 18/04/2016
Premier Oil confirms first production from Solan oil field in UK North Sea
Premier Oil has begun oil production from the $850m Solan field located in block 205/26a of production license P164 in the UK North Sea.
read more... 15/04/2016
India may invest $20bn in Iranian oil and petrochemicals projects to raise imports
India may invest as much as $20bn in oil, petrochemicals and fertiliser projects in Iran in order to import more crude to cover its demand.
read more... 12/04/2016
Iraq raises its oil output to a record level ahead of Doha meeting
Iraq increased its crude output to a record level in March, ahead of the long-awaited April 17 meeting in Qatar where OPEC members and other producers may agree to cap production to curb a global glut, according to the state-run Oil Marketing Co.
read more... 11/04/2016
Saudi Arabia to conclude a $20 billion energy deal with Egypt
Saudi Arabia is expected to ink a $20 billion five-year deal to finance Egypt's needs for oil and petroleum products, during King Salman bin Abdulaziz al-Saud’s visit to Cairo this week.
read more... 07/04/2016