Oil & Gas News

Olaf Carrera, the director of British Petroleum (BP), has confirmed that his company will enter the gas station market in Mexico.Founded in 1909, this UK-based company has a value of $99 billion. Now, it is planning to penetrate a...
Oranto Petroleum, a Nigerian oil firm, has entered an agreement with the government of South Sudan to develop its Block B3 oil exploration block.Basically, it is an exploration and production sharing agreement (EPSA) where Oranto is set to invest...

Oil & Gas News

Last month, the Iranian Oil Ministry signed an agreement with the Iraqi Oil Ministry to settle disputes over joint oil fields and to examine the feasibility of creating an oil pipeline from Iraq’s Kirkuk fields through Iran.The agreement was...
The world’s largest oil producers are gathering in Houston, Texas for the biggest industry meeting since the two-year price war between exporters in the Middle East and companies that drove the shale energy revolution in the US.Among the main...

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