US drillers add oil and gas rigs for second week in a row, Baker Hughes says
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, ...
Upstream18h
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 ...
Rigzone17h
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.
Rigzone13h
JP Morgan Says Global Oil Demand 'Surged' to Over 101MM Bpd in January
The early signs are promising, hinting that this upward momentum will carry into February', analysts at J.P. Morgan said.
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Oil edges higher, but bearish sentiment persists
Crude oil futures edged higher, but the trend remains mostly bearish. The uptick followed a volatile session, as traders reacted to U.S. sanctions on Iranian crude exports to China.While these ...