China Tightens Rules on New Copper Smelters to Curb Overcapacity
China has tightened requirements for building new copper smelters, in its latest attempt to curb relentless capacity ...
Upstream15h
China digs deep for energy security
Two deep, one unconventional and one old’ strategy aims to revitalise China’s upstream prospects through targeted exploration ...
Crude Oil Prices23h
Chevron Needs Hess’s Guyana Oil Assets to Boost Reserves
Chevron is betting on the multi-billion acquisition of Hess Corp to boost its assets with high-quality Guyana acreage ...
China National Petroleum Resumes Crude Production in South Sudan
Dar Petroleum Operating Co. has resumed producing oil from a number of its wells in South Sudan after almost a year, people ...
Hydrocarbon Processing1d
China’s crude oil imports decreased from a record as refinery activity slowed
Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports compared ...
Saudi crude to China to fall in March after prices hit over two-year high, sources say
Saudi Arabia's crude oil supply to China is set to slide in March from the prior month, trade sources said on Tuesday, after ...
justthenews1d
Bipartisan groups in Congress introduce bill to protect strategic petroleum reserve
The Banning SPR Oil Exports to Foreign Adversaries Act was filed in the U.S. Senate by Sens. Ted Cruz, R-Texas, John Fetterman, D-Penn., and Elissa Slotkin, D-Mich.
North American Morning Briefing: Stock Futures Rising As Tariff Threats Dominate Agenda
The U.S. hedge fund, which manages around $70 billion in assets, is one of Wall Street's most influential investors, known for pressuring companies to fire management, break apart and spin off ...
Upstream2d
China’s landmark Energy Law combines domestic security with renewables push
Energy Law mandates major boost in domestic onshore and offshore oil and gas exploration, particularly tight oil, shale oil, ...
Interesting Engineering4d
World’s largest metamorphic rock oilfield in China’s Bohai Sea commences production
The Bohai 26-6 Phase I project has begun production and aims to peak at around 22,300 barrels of oil equivalent daily by 2025 ...
Rigzone5d
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.
中国日报网6d
China unearths rich mineral reserves
China also identified the world's first large-scale, deep-water shallow-layer gas field, which has added over 100 billion cubic meters of proven natural gas reserves. Additionally, 10 new oil fields ...