Two of Libyas largest oil ports have been forced to shut as clashes threaten the North African nations oil recovery as daily production falls from 700,000 bpd to 650,000 bpd

Marathon Oil Corporation announced that Dane Whitehead has been appointed executive vice president and chief financial officer, which will take effect as of today

Saudi Aramco have hired four banks as advisers for its first bond sale ahead of planned initial public offering in 2018

Sandvik have secured multi-million dollar strategic projects in Egypt and established its regional headquarters in Dubai, UAE 

BPs share price fell by 2.4 per cent on the morning of 7 February as it reported a fourth-quarter profit of US$400mn, US$160mn short of what analysts at Reuters were expecting