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.

European crude prices have slumped to multimonth lows as the continent’s refineries start to take plants offline for regular ...

Colombian president Gustavo Petro has ordered the state-run oil company Ecopetrol to cancel a joint venture with U.S.-based ...

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 ...

CALGARY, Alberta-- (BUSINESS WIRE)--Imperial (TSE: IMO) (NYSE American: IMO): ...

Despite US President Donald Trump’s encouragement to increase drilling, US oil and gas companies are expected to prioritize ...

MOSCOW (Reuters) - Oil production in Kazakhstan reached a daily record high of 278,499 metric tons on Sunday just after it ...