CNOOC Limited announced on Friday that the Bozhong 26-6 oilfield development project (phase I) has commenced production.

CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that ...

Indian offshore rig operators will see their operating profits surge 30-35 per cent in the next financial year, after a 25-30 ...

U.S. drilling activity increased with the Permian Basin leading the surge, as Baker Hughes reports a rise in rig count for ...

The number of oil rigs in the US increased by seven in the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil grew to 479 rigs from 472 last ...

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

U.S. crude oil stocks increased more than expected as production picked up, while the build in gasoline stocks extended to almost three months, according to data released Wednesday by the U.S. Energy ...

US stock futures pointed to sharp losses for the major indexes, as Wall Street showed the effects of President Donald Trump’s ...

Citi also suggested the White House may act to increase U.S. capital expenditures following the Senate confirmation of oil industry executive Chris Wright as energy secretary. The report said every 1 ...

By John Lee. The Iraqi Ministry of Oil has reiterated that all crude oil exports adhere to global standards ensuring maximum ...

China has announced a flurry of retaliatory measures against the U.S., including tariffs on imports of products such as coal, ...

In volatile trading on currency markets, the Canadian dollar hit its lowest level since 2003 and the Mexican peso dropped almost 3 per cent. Trump imposed 25 per cent tariffs on imports from Mexico ...