China National Offshore Oil Corp has commenced production at the Bozhong 26-6 oilfield development project (Phase I), the ...

China 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 ...

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

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.

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 ...

Chinese independent refiners have significantly reduced their crude processing rates due to soaring costs for Russian crude ...

Oil futures climbed Friday from their lowest levels of the year, but tallied a third straight weekly fall amid rising U.S. inventories and worries that the Trump administration's higher tariffs on ...

Oil prices rose marginally in Asian trade on Friday but were on track for a third straight week of decline, hurt by US President Donald Trump’s renewed trade war on China and threats of tariff hikes ...

The average long-term price prediction of lithium is quite volatile, ranging from as high as $70,000 per ton down to the ...

Trio of EPCI deals are part of Adnoc's P5 programme, which aims to ramp up the company's oil production capacity to 5 million ...

Tariffs help spur U.S. manufacturing by discouraging U.S. companies from importing goods made in countries with low ...