Syrian activists say that Islamic militants have taken an eastern oil field as they advance along the length of the Euphrates river that stretches through Syria and Iraq.
Ecuador`s Congress approved oil drilling in the nation`s biggest oil field in Yasuni National Park, part of the Amazon reserve, media reports said.
Troops from South Sudan on Wednesday captured the oil-rich border town of Heglig that is claimed by Sudan.
Petroleum Development Oman (PDO) has awarded an engineering, construction and procurement (EPC) contract for the Saih Nihayda gas compression project to South Korea`s GS Engineering and Construction, the company announced Sunday.
Iraq has initialed a deal with a consortium led by European giant Royal Dutch Shell PLC and Malaysia`s state-run Petronas to develop one of Iraq`s most prized oil fields.
Iraqi troops massed Saturday near an oil well on the border in a standoff with Iranian forces that seized control of the site in a sudden flare up of tension between the two uneasy neighbors.
ONGC Videsh Ltd and its partners Indian Oil Corporation and Oil India Ltd have dropped plans to develop an oil field in Iran after the discovery was found to be commercially unviable.
ONGC Videsh Ltd and its partners
Indian Oil Corporation and Oil India Ltd have dropped plans to
develop an oil field in Iran after the discovery was found to
be commercially unviable.
Day in Pics: 2nd September
Showbiz World - September 2, 2014
Celebrities welcome Ganapati