Ruble follows oil price down
Russia's currency has dropped considerably along with the price of crude oil.…
BAPETCO’s discovery increases daily oil production to 50,600 barrels
Well’s original oil records about 15m barrels, adds approximately 5m barrels to…
Al-Sisi meets with BG’s CEO
Egypt’s President Abdel Fattah Al-Sisi met with Helge Lund, the Chief Executive…
Ganope announces results of oil, gas exploration bid
The company received seven offers for five exploration sites of approximately 23,200…
Shell resumes offshore drilling in Arctic
Royal Dutch Shell PLC announced on Friday that drilling operations had resumed…
OPEC, Russia: ‘Oil market to stabilize’
The Organization of Petroleum Exporting Countries and Russia have said sharp drops…
Greenpeace stages novel Arctic drilling blockade
It looks like a daring test or some attempt to break a…
‘People will not accept crappy terms’ for Iranian oil
Amid sliding oil prices, OPEC's secretary-general is in Moscow to discuss the…
Oil spill payments sink BP into the red
British energy giant BP recorded multi-billion dollar losses in the second quarter…
Iran deal seen as a threat to Middle Eastern countries: Researchers
JCPOA’s “historic” deal was signed in Vienna to curb nuclear enrichment in…