Environmentalists are worried the state — known for a lax approach to regulation — is not prepared for the added responsibility of regulating certain carbon capture projects.
CNOOC Ltd. started production at the Bozhong 26-6 Oilfield Development Project (Phase I) in central Bohai Bay in about 20 m of water.
U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...
Prairie Operating said the acquisition substantially increases its in oil-weighted production and provides immediate scale ...
Chevron is speeding up its expansion of Kazakhstan's Tengiz oilfield, two sources familiar with the plans told Reuters, raising its output to around 1% of global crude supply.
Adds ~24,000 net acres in Weld County and ~26 mboepd of oil-weighted (69% liquids) net productionAdds 77.9 MMboe and ~$1.1 Billion in Proved ...
The state faces a nearly $200 million deficit to maintain essentially status-quo spending, leaving lawmakers with hard ...
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Production starts at Bohai Bay oilfield in ChinaChina National Offshore Oil Corporation (CNOOC) has started phase one production at the Bozhong 26-6 oilfield development project in central Bohai Bay. CNOOC holds a 100% interest and operates the ...
The oil company sent investors $9.1 billion last year via dividends and share repurchases. Based on current commodity prices, ...
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