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Repsol Encourages US Rage with First Purchase of Iranian Oil
IR >>  6/9/2018 - Iran’s oil exports hit a new record in May which also saw the country sell its first cargo from West Karoun to Spain’s Repsol. National Iranian Oil Company exported 2.4 million barrels per day (bpd) o...

Department of Energy Announces $7M for Unconventional Oil & Gas
US >>  5/30/2018 - The U.S. Department of Energy’s (DOE) Office of Fossil Energy has announced an award for a project to receive approximately $7 million in federal funding for cost-shared research and development in un...

Oil Discovery at Rabul 4 Well in West Gharib Concession, Egypt
EG >>  4/24/2018 - SDX Energy Inc. (SDX), the North Africa focused oil and gas company, is pleased to announce that an oil discovery has been made at its Rabul 4 Well in the West Gharib Concession in Egypt (SDX 50% Work...

Element Secures Pipe Testing Project for Middle East Heavy Oil Development Program
KW >>  4/9/2018 - Element Materials Technology (Element) has secured a contract with ENGIE Fabricom to undertake pipe induction bend testing for a heavy oil development program in Kuwait. ...

Pre-Salt Production Hits New Record in Brazil
BR >>  4/2/2018 - The pre-salt production in February totaled 1.763 million boe/d, an increase of 2.3% over the previous month, and corresponded to 53.3% of the total produced in Brazil. 1,408 million barrels of oil pe...

Mexico's Pemex Raises Hand in Final Oil Auction before Election
MX >>  3/27/2018 - Mexico awarded nearly half of the 35 oil and gas blocks tendered on Tuesday, in an auction where state-run Pemex took advantage of growing political risk ahead of a presidential election to consolidat...

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