Oil and gas companies are poised to plow roughly $300 billion into drilling more than 40,000 new wells in the Permian Basin over the next five years, ......

Sonatrach, Total, Repsol and Alnaft (the National Agency for the Valorisation of Hydrocarbon Resources), have signed a new concession contract for a period of 2......

Iraq said OPEC should resist pressure to increase oil supplies, strengthening opposition to plans by Saudi Arabia as the group prepares to meet next week. ......

Nigeria’s NLNG needs $12 billion in investments if a planned expansion in capacity is to be achieved. Nigeria wants to construct two new LNG processing units bu......

Exxon Mobil is seeking buyers for its stake in a large undeveloped gas field off Tanzania, according to three banking and industry sources, as the company focus......