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

Friday closed up +0.39 (+0.55%), and March RBOB gasoline (RBH25) closed up +0.0303 (+1.46%). Crude oil and gasoline prices ...

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, ...

WTI crude oil (CLH25) today is up +0.23 (+0.33%), and March RBOB gasoline (RBH25) is up +0.0237 (+1.14%). Crude oil and ...

More drills involving U.S., Japanese, and French naval forces are scheduled later this week in the Philippine Sea.

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

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream the first phase of ...

Private oil processors in China have slashed their operating rates to levels last seen at the beginning of the pandemic, as U.S. sanctions on Russia cut a key source of crude supply.

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

Chinese offshore operator CNOOC Ltd has achieved first oil at the Bozhong 26-6 field development project (Phase I) in the ...