CNOOC Ltd. started production at the Bozhong 26-6 Oilfield Development Project (Phase I) in central Bohai Bay in about 20 m of water.

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, ...

Chevron is speeding up its expansion of Kazakhstan's Tengiz oilfield, two sources familiar with the plans told Reuters, raising its output to around 1% of global crude supply.

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

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

By Georgina McCartney, Arathy Somasekhar and Sheila Dang HOUSTON (Reuters) -Growth in oil output from the U.S. Permian basin, ...

Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.

The United States has achieved energy dominance through advancements in oil and gas production, renewable energy, nuclear power, and technological innovation.

CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to provide the results of our 2024 year end reserves evaluation as prepared by McDaniel & Associates Consultants Ltd.

Nigeria, Africa’s biggest oil producer, has set itself a target of boosting daily production by about three fifths to 2.7 ...