CNOOC has discovered a new oil field, Huizhou 19-6, in the South China Sea, estimated to contain over 100 million tons of ...

China's National Offshore Oil Corporation (CNOOC) said Monday it has discovered a major oilfield in the eastern South China ...

The first oil came on stream at the Johan Castberg field before noon on March 31, marking a new northern milestone in ...

Johan Castberg oil development in the Barents Sea has started pumping, the second major field to begin operations in the ...

China’s energy giants are increasingly pivoting to natural gas to raise production, as demand for oil slows and global trade tensions heighten the risks of relying too heavily on imports. The nation’s ...

Nations once relegated to the margins of economic discourse are now sprinting toward prosperity, their trajectories propelled ...

Global oil markets are set to experience the largest surge in new supply in a decade, but whether this oil reaches the market ...

The United Nations estimates that 90% of Syrians live in poverty and the Syrian government has only been able to provide ...

India’s Reliance Industries, the operator of the world’s largest refining complex, along with Chinese refiners and traders, are slowing or halting their purchases of Venezuelan oil ...

Its Shanghai-listed shares (600028.SS), opens new tab were down 1.4%. Sign up here. The world's largest oil refiner by capacity posted a net income of 50.3 billion yuan ($6.94 billion), based on ...

The resumption order was made by the fields’ operator ... has sparked a blockade of oil production and threatens the worst crisis in years for the major energy exporter, long torn between ...