Two deep, one unconventional and one old’ strategy aims to revitalise China’s upstream prospects through targeted exploration ...

Saudi Arabia's crude oil supply to China is set to slide in March from the prior month, trade sources said on Tuesday, after ...

China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...

Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports compared ...

Energy Law mandates major boost in domestic onshore and offshore oil and gas exploration, particularly tight oil, shale oil, ...

A worker tests crude oil sample at an offshore production platform of the first phase of Bozhong 26-6 oilfield in China's Bohai Sea, Feb. 8, 2025. The first phase of Bozhong 26-6 oilfield, by far the ...

(Bloomberg) -- Private oil processors in China have slashed their operating rates to levels last seen at the beginning of the pandemic, as US sanctions on Russia cut a key source of crude supply.

Chevron is betting on the multi-billion acquisition of Hess Corp to boost its assets with high-quality Guyana acreage ...

In the context of China’s broader challenges, this all makes sense. Its economy is struggling. Its leaders want to avoid US ...

China's foreign exchange reserves totaled 3.209 trillion U.S. dollars at the end of January, up by 6.7 billion dollars, or 0.21%, compared to the end of December last year, official data showed ...