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 ...

Oil prices rose marginally in early Asian trade on Friday but were on track for a third straight week of decline, hurt by U.S ...

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

WTI crude oil (CLH25) today is up +0.23 (+0.33%), and March RBOB gasoline (RBH25) is up +0.0237 (+1.14%). Crude oil and ...

U.S. refiner Delek has the option to run more light, sweet crude oil if it is economical to do so, CEO Avigal Soreq said on ...

Crude oil inventories and gasoline stocks saw larger than expected builds last week, leading to a renewed sell off in oil ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

OIL prices settled lower on Thursday after US President Donald Trump repeated a pledge to raise US oil production, unnerving ...

The outlook for global crude supplies to remain tight ... were -5.7% below the 5-year seasonal average. US crude oil production in the week ending January 17 was unchanged w/w to 13.477 million ...

Senegal's Ministry of Energy, Petroleum and Mines announced on Thursday that crude oil production from the Sangomar field is expected to reach approximately 30.53 million barrels in 2025.

Donald Trump’s mantra during his campaign for the presidency to the American public and U.S. oil producers was: “Drill, baby, ...

The Aberdeen & Grampian Chamber of Commerce is calling for tax cuts for North Sea oil and gas producers to protect the UK ...