According to the latest five-year oil market forecast from the International Energy Agency, global oil supply could struggle to keep pace with demand after 2020, risking a sharp increase in prices, unless new projects are approved soon
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
