China National Offshore Oil Corp has commenced production at the Bozhong 26-6 oilfield development project (Phase I), the ...

Find insight on the latest rig count, tariffs on imports of Canadian and Mexican oil, Keyera and AltaGas, and more in the ...

A hefty rise in weekly U.S. crude supplies contributed to oil's losses this week. The Energy Information Administration reported Wednesday that commercial crude inventories climbed for a second week ...

Politically connected Florida magnate Harry Sargeant III has made a fortune off oil and asphalt deals worldwide.

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

A hefty rise in weekly U.S. crude supplies contributed to oil's losses this week. The Energy Information Administration reported Wednesday that commercial crude inventories climbed for a second week ...

Stamatis Tsantanis says demand for crude is declining and Iranian supplies can easily be made up for from elsewhere ...

Clay Neff, Chevron's head of international exploration and production, told Reuters last month that the Tengiz expansion was ...

Oil prices rose marginally in early Asian trade on Friday but were on track for a third straight week of decline, hurt by U.S ...

Oil rose in early trade after the U.S. imposed sanctions on an international network facilitating the shipment of Iranian crude to China.

Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

“Nevertheless, (today's) oil gains are limited, reflecting persistent concerns over supply and demand headwinds, including ...