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, ...

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

Weatherford International is one of the larger oilfield-services firms in an otherwise hyper fragmented industry. However, in terms of size, it remains some distance from the industry’s Big Three: SLB ...

HOUSTON (Reuters) - Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to ...

The Aberdeen & Grampian Chamber of Commerce is calling for tax cuts for North Sea oil and gas producers to protect the UK ...

Located in the heart of Canada, the province of Saskatchewan has the resources needed to help ensure food and energy security ...

Oil has long been the engine that powers the world. Countries rely on it to fuel cars, planes, factories, and economies. Its ...

Learn about the potential opportunities in the midstream energy sector, including M&A activity and the impact of less ...

US oil exports may decline in 2025 for the first time since the COVID-19 pandemic due to China's retaliatory tariffs on the United States.

Our expectations for profitability improvements coupled with the firm’s history of conservative balance sheet management leave us confident that NOV will maintain adequate liquidity to service its ...