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

Crude oil futures fell as traders worried that large increases in U.S. crude and gasoline stockpiles and a potential ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday ...

CNOOC Ltd. started production at the Bozhong 26-6 Oilfield Development Project (Phase I) in central Bohai Bay in about 20 m of water.

Crude oil futures are experiencing volatility, Li Xing, Financial Markets Strategist Consultant to Exness, highlighted.

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U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest ...

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 ...

President Trump seeks American energy independence, focusing on fossil fuels and reducing government interference. Read more to see my thoughts.

Texas and the Permian Basin were hardest hit in this week's drilling activity decline as the rig count remains at three-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 ...