BP

BP and its partners in the Rumaila oilfield development project in Iraq have produced the 3 billionth barrel of oil, the company announced on Tuesday.

Working under…

BP will acquire interests in Kosmos Energy’s exploration blocks offshore Mauritania and Senegal, the major announced on Monday.

The two agreements will land BP a…

Oman remains on track for keeping average 2016 production above 1 million bopd, data from the National Center for Statistical Information released on Sunday revealed.…

BP on Friday acquired a 10% interest Abu Dhabi’s onshore concession managed by Abu Dhabi Company for Onshore Petroleum Operations (ADCO).

The deal, signed with…

Following an expression of interest last week, Russia’s Rosneft on Monday followed through and acquired a 30% participating interest in Eni’s Shourouk concession,…

Shell signed a non-binding memorandum of understanding with the National Iranian Oil Company on Wednesday to develop the Kish natural gasfield and the South Azadegan…

Among the word’s major oil companies, Chevron has the smallest share of production in the countries that have said they would reduce production, data from Norwegian…

Mexico held its highly anticipated deepwater bidding round on Monday night, with BHP Billiton becoming Pemex’s first-ever international partner.

The Australian…

Rosneft is considering following BP in acquiring a stake in Eni’s Shorouk concession offshore Egypt.

In a statement on Monday, the Russian company said its board…