Libya's state-run Oil National Corp (NOC) announced on Tuesday in a statement a new oil discovery in well H1-NC4 by its subsidiary Arabian Gulf Oil Company (AGOCO) in the Ghadames oil basin. The ...

Libya has played host to its second oil and discovery within a few weeks. Fresh from OMV finding up to 42 million barrels of resources in the onshore part of the Sirte basin last month, state-owned ...

LLOG Exploration Offshore is exploring a potential sale, which may value one of the largest privately held oil and gas ...

Output is projected to rise from 1.8 to 2.4 million barrels per day by 2027 amid strong federal support and new investment.

Most stock markets in the Gulf closed lower on Tuesday, weighed down by sluggish oil prices and fading hopes for ...

Kuwait Oil Company plans to invest $3.9 billion in exploration drilling by 2030 as part of a record $32 billion drilling and ...

Major stock markets in the Gulf were mixed in early trade on Tuesday, weighed down by sluggish oil prices and fading hopes ...

Talos Energy Inc., Houston, is looking at “a wide range of opportunities” for growth outside its core Gulf of Mexico territory as part of a push to become a leading pure-play offshore company. The ...

Largest acquisition in company history would drive immediate scale and operating efficiencies with expansion across the U.S. and its territories ATLANTA & WELLESLEY, Mass.--(BUSINESS WIRE)--Today, ...

The Texas Gateway project is expected to provide a minimum of 1,450,000 Dth/d of capacity to Southwest Louisiana. The final ...