The world’s largest metamorphic rock oilfield has commenced production. The billion-tonne Phase I project of Bohai 26-6 started production on February 7, according to its developer, China National ...

Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

The implications of China hitting peak oil are enormous. If Chinese demand is reaching a plateau that would fulfil projections by the IEA of global oil demand peaking before 2030. The forecast ...

ROME - Global food commodity prices fell in January, led by sharp declines in sugar and vegetable oils, the Food and ...

Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.

CNOOC Limited announced on Friday that the Bozhong 26-6 oilfield development project (phase I) has commenced production.

The project “will make a significant contribution to our commitment to bring projects online, with a total peak production of more than 500,000 barrels of oil equivalent per day from 2023 ...

The field reached a peak production level of 471,000 barrels ... according to the tender document floated last year. India, the world's third-biggest oil importer and consumer, wants to quickly ...

Amin Nasser, the head of Saudi Aramco, the world ... on a production line in Suqian, Jiangsu Province of China. VCG via Getty Images If China’s oil demand is indeed passing its peak, the ...

Simply sign up to the Oil myFT Digest -- delivered directly to your inbox. Amin Nasser, the head of Saudi Aramco, the world’s largest ... for crude is reaching a peak sooner than expected ...