Four countries have agreed to support construction of the EastMed gas pipeline in the Eastern Mediterranean Sea, according to Reuters. Italy, Greece,...
The Lebanese Council of Ministers has approved the awards of petroleum licenses for exploration and production in blocks 4 and 9 in...
Saudi Arabia announced its budget deficit narrowed in 2017 to below 10 percent of economic output for the first time since the...
ExxonMobil Exploration and Production Mauritania Deepwater has signed production-sharing contracts with Mauritania’s government for three deepwater offshore blocks. Blocks C22, C17, and...
The World Bank has announced plans to end financing for upstream oil and gas after 2019 citing threat posed by climate change....
Oil giant, Eni, has entered into an exploration and production sharing agreement (EPSA) for block 52 offshore Oman, in partnership with Qatar...
Saudi Aramco has signed agreements with various US- and UAE-based contractors for offshore oil and gas mega-projects. According to Offshore reports, Jacobs Engineering will...
After taking a careful note of oil market developments since it last met in Vienna on 25 May 2017, the Organisation of...
The Shell Petroleum Development Company of Nigeria Limited (SPDC), a subsidiary of Royal Dutch Shell plc (Shell), has completed the assignment of...
Brent dropped for a second day as Russia signaled Iran won’t join major producers in freezing output to manage a global glut....