British oil giants BP and Shell will undertake studies for exploration and development across three Libyan oilfields, the state-run National Oil Corporation (NOC) has said. BP signed a memorandum ...

Two UAE oil developers are competing along with an Egyptian company for the development of a potentially oil-rich site off the Eastern Egyptian coast. The Dubai-based Ades International, and Dragon ...

It should be one of the most coveted jobs in the City of London: chairing the board of directors of oil company BP Plc.

Foreign investors have been wary of putting money into Libya, which has been in a state of chaos since the overthrow of ...