An Iraqi security forces vehicle is seen on a street in the centre of Falluja, Iraq. Iraq’s armed forces pressed on with their offensive to retake the city of Falluja Continue Reading
With pressure on the sector easing, a subsidiary of field services company Schlumberger said it secured a multi-million dollar contract for offshore Egypt. Schlumberger, which has headquarters in Houston, is Continue Reading
A US military commander in Baghdad has openly contradicted the Iraqi army’s claim last week that it had liberated the key city of Falluja and driven out IS militants from Continue Reading
Lokichar Basin Kenyan officials said oil from the Lokichar Basin will begin reaching foreign markets at a rate of 2,000 barrels of crude per day by July 2017, according to Continue Reading
Nigeria Pipeline Oil has been truly black gold for countries such as Nigeria and Angola—Africa’s top oil exporters. It has sustained their economies, accounting for over 90 percent of exports Continue Reading
The Nigerian government has agreed a ceasefire with militants in the oil-rich Niger Delta, including the Niger Delta Avengers, as renewed militancy has dragged the country’s oil output close to Continue Reading
A member of the Nigerian Police Forces stands guard outside a half-built building in Nigeria’s… Nigerian officials said Tuesday that the government has clinched a deal for a 30-day truce Continue Reading
Nigeria kept exporting crude oil at a largely steady pace in May, though below historical levels, despite repeated militant attacks on its infrastructure that drove output down to 30-year lows Continue Reading
Venezuela has badly mismanaged its vast oil resources, a senior U.S. diplomat told Reuters in an interview on Tuesday in which he said a change in government could quickly turn Continue Reading
China National Offshore Oil Company (CNOOC) has exported a 35,000-tonne cargo of diesel meeting Australian specifications for the fuel, the first shipment of its kind, a statement by the state Continue Reading
