CNOOC Ltd. started production at the Bozhong 26-6 Oilfield Development Project (Phase I) in central Bohai Bay in about 20 m of water.

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

Oil prices inched up on Friday but were still on track to record a third consecutive weekly loss, as prospects of a renewed ...

A bill preventing future presidents from unilaterally banning hydraulic fracking is on its way to the Senate after passing ...

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

Equinor ASA shows strong earnings and growth projections for 2025, with a focus on sustainable energy and potential risks.

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 ...

Here is a look at what happened in oil markets in the week of Feb. 3-7 and what the focus will be in the days to come.

U.S. and global oil futures declined on Thursday as a hefty rise in last week's U.S. supplies and uncertainty surrounding tariff disputes helped to weaken the outlook for crude demand, prompting ...

CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that ...

DeepSeek (Chinese AI firm) shocked the world by launching an AI service. Read why safe and steady dividends can deliver ...

U.S. tariffs on Canadian energy threaten North America’s trade. Will Alberta’s oil surge and Trudeau’s counter-tariffs reshape the U.S.-Canada energy partnership?