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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.
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First oil flowing at Bohai Bay field with major carbon capture milestone
Chinese offshore operator CNOOC Ltd has achieved first oil at the Bozhong 26-6 field development project (Phase I) in the ...
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World’s largest metamorphic rock oilfield in China’s Bohai Sea commences production
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 ...
Chevron accelerates Kazakh oilfield ramp-up, sources say
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.
Earnings call transcript: ARC Q4 2024 sees record production and strong cash flow
Arc Resources Limited (ARC) reported a robust financial performance in the fourth quarter of 2024, driven by record production levels and significant cash flow generation. The company highlighted its ...
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.