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S. Africa, Sudan petroleum deal boosts peace, economic recovery, oil industry
The signing of the new exploration and production sharing agreement (EPSA) between South Sudan and South Africa’s Strategic Fuel Fund (SFF) is a boost to the oil sector and promotes peace and stability within the country.
Oil industry under pressure to respond to climate change
The oil industry, under mounting pressure from environmental activists to react more quickly to counter climate change, has begun to adapt its strategy but is struggling to convince critics it is doing enough.
Iranian oil industry developing despite enemy's pressures
Minister of Petroleum Bijan Namdar Zanganeh says Iranian oil industry is developing despite enemy's unprecedented pressures.
MP: Oil industry development unstoppable
The development of Iran's oil industry cannot be stopped, said an Iranian lawmaker.
Is Nigeria’s oil industry on the road to recovery?
Over the past few years, Nigeria, Africa’s top oil exporter, has been beset by a multitude of problems, notably decreased crude production and exports, oil theft and pipeline attacks, stalled economic reforms and recovery, and the threat of oil price volatility. While the Nigerian oil industry has been cautiously optimistic about overcoming these upheavals in 2018, the nation has and will continue to face several acute challenges.
Is the oil industry repeating a critical error
Ten years ago this week — July 11, 2008 to be exact — the price of a barrel of oil on the New York Mercantile Exchange hit an intraday high of $147.27, its highest price ever.
Iran signs $2.4b deal with local company in oil industry
National Iranian Oil Company (NIOC) signed a long-term $2.4 billion agreement with local firm Pasargad Energy Development Company (PEDC) for the development of the Sepehr and Jofair oil fields.
Syria asks Russia to rebuild its oil industry
Russia’s Energy Minister Aleksandr Novak said on Friday that the country’s energy companies have received requests from Syria to help rebuild the country’s oil and gas industry.
General Electric plotting Iran oil strategy
Indications are appearing that show the first American oil enterprise may soon set a foothold in Iran after a multiple-decade absence by US companies from the country’s oil industry.
Global oil industry hit by turbulence
Global markets sagged but still turned in one of the strongest weeks of 2016 despite worries about economic growth and weak commodity prices.
Bright future lies ahead of Iran's oil industry: Peruvian official
A top manager at a Peruvian oil company says Iran has a sophisticated oil industry.
Post-sanction Iran to enter new oil industry development phase: Minister
Petroleum Minister Bijan Zangeneh said with the removal of oppressive sanctions, Iran will step into a new stage in the development of its oil and gas industry, Shana quoted him saying.
Oil Ministry supports domestic producers of oil industry hardware
Managing director of National Iranian Oil Company (NIOC) said Monday that Oil Ministry supports domestic producers of oil industry equipment.
Oil industry needs $30b investment annually
Oil industry requires an annual investment of $30 billion to preserve its production ceiling and put development projects into operation.

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