Nigeria has tendered 50 oil and gas blocks, eyeing $10 billion in new investments over the next ten years and 400,000 barrels daily in additional production capacity, local media report. The blocks on ...

Block Energy Plc agreed to a no-cash deal to acquire Schlumberger BV subsidiary Schlumberger Rustaveli Co. Ltd. (SRCL), increasing Block Energy's access to production, reserves, and resources upon ...

Indonesia has offered five onshore and offshore oil and gas blocks in its first tender for the year amid efforts to reverse an extended production decline. Indonesia used to be a net oil exporter but ...

An auction for eight oil and gas blocks and fields in Kazakhstan held in capital Astana on Thursday resulted in victory for many previously unknown investors. Kaspyi Safety, a company domiciled in the ...

Zhongman Petroleum and Natural Gas Group (ZPEC), an independent Shanghai-listed Chinese oil and gas company, has won a licensing contract to explore a natural gas block in central Algeria, the firm ...