Libya’s National Oil Corporation, BP and Eni today signed an agreement expected to lead to Eni and BP working together to resume exploration act...

Major UK North Sea development is sixth new upstream project to come on stream for BP in 2018. Targeting 640 million barrels of oil reserves; peak p...

Fully assembled and tested, the topside for the Johan Sverdrup processing platform is leaving the Samsung Heavy Industries yard on time, below budget ...

On 16 December Equinor and its partners started production from the Aasta Hansteen gas field in the Norwegian Sea. Today, 17 December gas from the Aas...

Total signs a Memorandum of Understanding with the State of Papua New Guinea on the key terms of the Gas Agreement of the Papua LNG Project and launch...

TEHRAN (Shana) -- National Iranian Drilling Company (NIDC) has spudded 88 oil and gas wells in the first 7 months of the current calendar year, which ...

Shell Canada Energy, an affiliate of Royal Dutch Shell plc (“Shell”), today announced it has taken a final investment decision (FID) on LN...

TEHRAN (Shana) -- Barely had two years passed since the construction of an oil refinery in the Iranian city of Abadan when World War I broke out. Late...

Equinor has signed an agreement with Aker BP to sell its 77.8% operated interest in the King Lear discovery on the Norwegian Continental Shelf (NCS) f...

TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) said his company would start selling oil on the domestic stock market by October ...

TEHRAN (Shana) -- The National Iranian Oil Company (NIOC) released details of selling crude oil on the domestic stock market. The comp...

TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh advised US President Donald Trump to stop imposing sanctions on producing countries in ...