Kinetiko has announced it has spudded a second production well on the Amersfoort project in Mpumalanga, South Africa

International oil companies (IOCs) have said that there is a disconnect between private sector operators and plans by the Nigerian government to use the Petroleum Industry Bill (PIB) to attract US$108bn investment to the industry between 2012 and 2025

Heritage Oil will repay a US$294mn loan to partner Genel Energy by selling its 49 per cent stake in the Miran gas field in Iraq

Libya’s better-than-expected post-conflict recovery is expected to have spurred solid growth for the Middle East and North Africa (MENA) region’s oil-exporting countries for 2012 according to a new report