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 ...

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 ...

Venezuela's state oil company PDVSA has resumed regular imports of light crude as its own output of medium and light grades ...

DeepSeek (Chinese AI firm) shocked the world by launching an AI service. Read why safe and steady dividends can deliver ...

Sweden-based pet-food supplier The Nutriment Company (TNC) has expanded into Spain by acquiring Puromenu, a raw pet-food producer. The financial terms of the deal were not disclosed. In a statement, ...

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 ...