Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency (IEA), which warned that both trends could into and through 2017
Alderley are delighted to be able to move back into the Iranian market since the lifting of sanctions
Libyas Sharara and El Feel oilfields returned to production this week after protests which blocked the pipelines came to end
Oman Oil Company (OOC) and Shell Exploration have signed a heads of agreement to work together on Oman Block 42
Global oil discoveries fell to a record low in 2016 as conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency
