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CNOOC Says World's Biggest Buried Metamorphic Hill Oilfield Now Producing
Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.
These 13 national monuments may be ‘at risk’ of losing federal protections, advocates warn
The National Park Conservation Association has identified 13 national monuments it considers at risk after a recent Interior Department order.
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A New Oil Cycle Begins And Sanctions, Shale, and OPEC Set the Stage
If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.
U.S. drilling rigs rise for second straight week in latest Baker Hughes report
The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 586, Baker Hughes said in its latest weekly report.
Ultra-efficient AI won’t solve data centers’ climate problem. This might.
Despite DeepSeek’s AI efficiency gains, data centers are still expected to gobble up huge amounts of U.S. electricity.
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Aker BP, partners discover dry well in North Sea’s Njargasas prospect
Aker BP and its partners have discovered a dry well in the Njargasas prospect of Norwegian North Sea. The wildcat well 35/6-5 S in production licence 1110 was awarded in February 2021 as part of the ...