Petrofac Training Services (PTS) has been awarded a technical training contract with Shell Iraq for the management and operation of Shell’s Majnoon training centre in southern Iraq

A joint venture between Independent Resources and Nostra Terra Oil & Gas is acquiring a producing asset in Egypt

The government of Iran has approved a new model contract for oil and natural gas projects as it prepares to increase output with the help of foreign investors once international sanctions are lifted, according to reports

China’s slowing economic growth and a bleak outlook is the main cause for volatility in global oil prices, finds a survey

A senior official has said South Africa, formerly a major trading partner, is keen to resume Iranian oil imports