State oil giant Saudi Aramco will spend more than 500 billion riyals ($133 billion) on oil and gas drilling over the next decade, a senior company executive sai......

The United Arab Emirates Brooge Petroleum & Gas Investment Co. plans to float 40 percent of its capital on the London Stock Exchange in October, BPGIC Chief......

The Indian economy is in for a rough ride, with rising oil prices set to continue weighing on its already-weakened currency, widen its deficit, and affect ......

Intensive preparations for oil production resumption will culminate on August 25 at Toma South, South Sudan, with the relaunch of production from blocks 1, 2 an......

This is according to Carnarvon Petroleum, Quadrant’s partner in the offshore find, which on Monday shared new information on hydrocarbon volumes within the......

Eni announces that a new Concession Agreement, aimed at governing an offshore exploration license in the prolific East Nile Delta Basin of the Mediterranean Sea......

Norwegian offshore shipping company Solstad Farstad has renewed its frame agreement with SBM Offshore for the charter of the construction support vessel (CSV) N......

Offshore marine and engineering consultancy Aqualis Offshore has been awarded the position keeping role for the installation of Total’s Egina FPSO offshore Nige......

Diamondback Energy Inc. will acquire privately held Ajax Resources LLC, Houston, in a cash and stock deal valued at $1.25 billion, bringing its total leasehold ......

The United Arab Emirates plans to build an oil pipeline connecting Eritrea and Ethiopia, the latest sign of the Gulf state’s increasing involveme......