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 ...

China National Offshore Oil Corporation (CNOOC) has started phase one production at the Bozhong 26-6 oilfield development project in central Bohai Bay. CNOOC holds a 100% interest and operates the ...

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

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

Reserve replacement of 146 percent, 229 percent and 296 percent of 2024 production on a proved developed producing ("PDP") ...

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.

Californians who lived near the highest-producing wells were more likely to die of COVID-19 at the beginning of the pandemic, ...

Permian Resources surpasses oil production expectations for 2024 due to acquisitions and improved capital efficiency, ...

Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron , Exxon Mobil ...

Oil companies cheered Trump’s recent calls for a more streamlined process and a series of energy-related executive orders he ...

China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...