Nigeria’s Ministry of Petroleum Resources has reached a settlement with five international oil companies (IOCs) in a dispute over exploration… Read More
BP and Oman on Tuesday agreed to amend the Oman Block 61 exploration and production sharing agreement (EPSA) in order… Read More
As expected, Total on Tuesday signed a heads of agreement with National Iranian Oil Company (NIOC) for phase 11 of… Read More
Russia’s Rosneft on Monday said it had sold a 20% shareholding in Verkhnechonskneftegaz to Beijing Gas Group pending regulatory approval. Read More
Bolivia’s YPFB Chaco and Petrobras’ local subsidiary, Petrobras Bolivia, late on Monday signed an exploration deal that will see the… Read More
Additional investment in refinery maintenance should help lift Pemex’s crude processing capacity by year-end 2016, the company’s Director General Industrial… Read More
Total and China National Petroleum Corporation will sign a heads of agreement for an offshore gasfield development project in Iran,… Read More
Partners ExxonMobil and Oil Search on Monday announced they had spudded the Muruk-1 gas exploration well in the highlands of… Read More
The Abu Dhabi International Petroleum Exhibition & Conference got underway on Monday with statements by Abu Dhabi National Oil Company… Read More
Oman is on track to achieving an average yearly production of more than 1 million bopd for the first time,… Read More
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