Algeria signed an agreement with US energy giant Chevron on Wednesday aimed at assessing potential offshore oil resources in the Mediterranean, according to the country's energy ministry.

Libya has 48B barrels of 'discovered but unexploited oil,' total potential estimated at 90B barrels, says senior national oil ...

Minister of Finance Mohammed Al-Jadaan said that the Middle East and Africa hold approximately 48% of global oil reserves and ...

Libya's daily oil output has topped 1.43 million barrels, the state-run National Oil Corporation (NOC) said on Wednesday, as the North African nation pushes to boost production despite persistent ...

In this article, we are going to discuss the 16 countries with the largest proven oil reserves in the world ... gas market share is Asia Pacific, with North America coming in second.

INDIA’S inflation eased last month, while the rupee plunged to a new record low, giving the central bank reason to remain cautious even as most analysts predict interest rate cuts from February. Read ...

When we look at the Africa ... North field investment. Speaking during the third anniversary of NUPRC, the Commission Chief Executive, Engr. Gbenga Komolafe, raised hope on increased oil production, ...

UBS analyst Joshua Stone maintained a Buy rating on Shell (UK) (SHEL – Research Report) today. The company’s shares opened today at ...

Libya’s National Oil Corporation (NOC) and international energy companies TotalEnergies, Eni, OMV, Repsol and Nabors outlined key exploration milestones and strategies to advance oil and gas ...

In Nigeria alone, Shell divested $2.4 billion to Renaissance Africa Energy ... The recoverable oil from these reserves stands at about 2,325 million barrels of crude oil, showing that the about ...