Iraqs August crude oil export increased to 68mn bpd, a jump of about one per cent from the previous months 67.2mn bpd.

Honeywell has entered into a global agreement to provide implementation consulting services, project management, and long-term end-user support with Nautical Control Solutions, LP (NCS) for its FuelTrax Marine Fuel Management system.

Italys Eni has signed a deal with Libyas rebel government aimed at quickly restarting its oil and gas operations in the country following concerns it could lose its dominant position to rivals.

DNO International Boards of Directors approved the merger of RAK Petroleums oil and gas operating companies into DNO International in exchange for DNO International shares.

The European Union (EU) agreed on Friday, 1st September to ban crude oil imports from Syria with the embargo coming into effect on Saturday.