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Rosneft is going through privatization, but remains partially owned by the Russian government. (Rosneft)

March 2nd, 2017 - 09:00 GMT

Russia's Rosneft calls for Libyan autonomy after striking oil deal

After laying the foundation for a Russian role in Libya's oil sector, the Rosneft head has appealed for the end of 'barbarous foreign inference' in Libya.

Before the outbreak of civil war, Libya was producing about 1 million bpd. (AFP/File)

February 22nd, 2017 - 06:10 GMT

New deal with Russia's Rosneft brings hope for recovery of Libya's oil sector

Under the theme “Embracing New Frontiers,” the congress program will lead delegates through the current and critical issues facing the energy industry. (Shutterstock)

October 6th, 2016 - 12:00 GMT

The 23rd World Energy Congress 2016 in Istanbul hopes to 'Embrace New Frontiers'

Iran has courted potential European and Asian trading partners as sanctions pressures ease. (File photo)

July 19th, 2016 - 10:00 GMT

Despite business hurdles, Iran lines up potential oil and gas players

Companies such as Siemens, Lukoil, and Gazprom are attending the show in Tehran. (Shutterstock)

May 5th, 2016 - 11:56 GMT

Global giants flock to Iran Oil Show 2016

The companies will analyse fields in the Ghasha and Hail areas through seismic, drilling and engineering studies, with the aim of potential field development. (File photo)

March 21st, 2016 - 11:00 GMT

Austria's OMV, Occidental and ADNOC to conduct offshore exploration in Abu Dhabi fields

IPIC delivered $26 billion in revenues in the first half of 2013 and an operating income of $1.42 billion, making it one of the largest, most profitable joint stock companies in the UAE.

February 25th, 2014 - 05:25 GMT

The hidden giant: Abu Dhabi's oil IPIC is emerging stronger than ever

The crisis has seen output plunge to about 250,000 bpd from nearly 1.5 million bpd before.

January 5th, 2014 - 05:24 GMT

A glimpse of hope? Libya to resume limited oil production

Part-Abu Dhabi owned oil and gas company OMV posted a 25 per cent jump in revenues after revising production in Libya

February 25th, 2013 - 08:41 GMT

Libyan oil helps push 'OMV' profits higher

Yemen blast

October 6th, 2010 - 07:07 GMT

Yemen: Blast near British diplomat car as French national shot dead

May 20th, 2009 - 06:40 GMT

MOL and OMV join Dana Gas and Crescent in Kurdistan Region of Iraq

January 16th, 2005 - 03:40 GMT

Austria’s OMV makes new oil discovery in Iran

January 13th, 2005 - 04:37 GMT

Yemen, SINPOEC sign new oil deal