News

An Iranian deputy minister says the country will soon resume oil sales to Italy’s state energy producer Eni.   Roknoddin...

Minister of Petroleum, Bijan Zangeneh says Iran’s daily production of oil and condensate has risen to 2.4 million barrels.   ...

Mohsen Qamsari, the director for international affairs of the National Iranian Oil Company (NIOC), stated that Iran has already reached...

Statoil ASA has entered into an agreement with Lundin Petroleum AB (Lundin Petroleum) to divest its entire 15 percent interest...

Shell has completed the sale of Dansk Fuels in Denmark to Couche-Tard for approximately $300 million including working capital. Dansk...

GE Oil & Gas and SapuraKencana Well Services today signed a Memorandum of Understanding (MoU) announcing an Asia-Pacific wide agreement...

ZUG, Switzerland -- Transocean Ltd. announced today that Shell has elected to terminate the contract for the harsh environment semisubmersible...

Keppel Offshore & Marine Ltd (Keppel O&M)'s local and overseas subsidiaries have won strong support from repeat customers by securing...

Vermilion Energy said Wednesday that natural gas had started to flow at the company’s Corrib gas project in Ireland. Production...

Wintershall and Energy company Gas y Petróleo del Neuquén have signed an agreement under which Wintershall will increase its interest...