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 ...

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 ...

China's retaliatory tariffs on the United States may cause U.S. oil exports to decline in 2025 for the first time since the ...

U.S. oil prices on Tuesday gave back most of their gains from a day earlier after the U.S. implemented an additional 10% ...

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

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.

The OPEC has plans in place to begin slightly increasing production from April ... given the country’s strong buyer pool in Asia. Oil markets were also dented by weak PMI data from China, which showed ...

HOUSTON - Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset ...