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, ...

Prairie Operating said the acquisition substantially increases its in oil-weighted production and provides immediate scale ...

Frontera's Guyana dispute and infrastructure review weigh on its future. Find out why low bond prices raise concerns for ...

On his first day in the Oval Office, President Donald Trump signed an executive order that attempts to slow the growth in the ...

Here’s a brief rundown of where things stand on the environmental front, two weeks into Donald Trump’s second term—and a few ...

PE Energy Limited, a leading energy services company has unveiled a new technology, Multi-phase Pump and Systems to end gas ...

Russia appears to be on the cusp of a debilitating oil-freight transportation problem because of US sanctions, writes ...

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

Chinese offshore operator CNOOC Ltd has achieved first oil at the Bozhong 26-6 field development project (Phase I) in the ...

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

Despite short-term headwinds due to customer warehouse overbuilds, we believe the pandemic only accelerated the need for automation given the strong secular trend toward e-commerce. Many of ...