UK operator Gulf Keystone Petroleum has confirmed the presence of additional oil reserves at the Shaikan Oilfield in the Kurdistan… Read More
Super-major Shell has announced plans to drill in offshore Bulgaria. The operator has pledged investment of €18.6 million euros ($20.9… Read More
Mexico's National Hydrocarbons Commission (CNH) has declared Round 1, phase two of bidding for offshore blocks "a success," the agency's… Read More
Iran has approved a new investment scheme to attract foreign capital towards their oil industry once sanctions are lifted, Iranian… Read More
Egypt's oil minister announced on Wednesday that for the first time, the North African country would explore outside its own… Read More
Kazakhstan's state-owned petroleum company KazMunayGas will sell half its stake in Kashagan, the country's largest oilfield, to the state fund… Read More
Russian oil company Soyuzneftegaz is pulling out of its two offshore blocks in Syria due to the civil war, company… Read More
It will be a decade before South Africa's recoverable gas reserves of 552 bcm (19.5 tcf) are developed for commercial… Read More
Australian oil and gas company Origin Energy has announced a number of asset sales and capital measures worth AUD4.7 billion ($3.3… Read More
Italian energy company Eni and Kazakhstan's state-owned KazMunayGas have entered into a 50-50 joint venture to explore and operate in… Read More
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