Italian giant Eni has inked a new concession and three amendment deals with the Egyptian Government for prospective petroleum exploration.
read more... 16/11/2015
The oil major Royal Dutch Shell said it would axe another costly oil project, just weeks after it suddenly abandoned a $7 billion drilling venture in the Arctic.
read more... 03/11/2015
Russia's Rosneft and associate ExxonMobil are among the four firms to obtain potentially lucrative exploration rights for fossil fuels off Mozambique's Indian Ocean coast on Thursday, as stated by the company.
read more... 30/10/2015
The top 10 oil and gas companies produce over 54 million barrels per day.
read more... 21/10/2015
Iran vows to ramp up its crude oil production within one week once international sanctions are removed and decided to recover its lost market share, said Bijan Namdar Zanganeh, Iran’s energy minister.
read more... 20/10/2015