The Bohai 26-6 Phase I project has begun production and aims to peak at around 22,300 barrels of oil equivalent daily by 2025 ...

Baker Hughes reports a rise in US drilling activity, with the rig count increasing by four to 586, marking a second consecutive weekly gain.

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

The number of oil rigs in the US increased by one in the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil grew to 480 rigs from 479 last ...

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

Crude Oil: Critical $67 Support Under Threat Amid China Slowdown, Rising US Output By Damian Nowiszewski - Dec 11, 2024 4 WTI crude teeters near a critical support level. Weak Chinese demand and ...

US President Donald Trump plans to impose 25% tariffs on all imports of steel and aluminium into the US, but hasn't specified ...

Cold weather in Europe turns the natural gas market on its ear, raising prices to the point that crude oil is becoming more ...

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 ...

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 ...

Time may be on TPG's side in its acquisition of Altus Power, as more clarity about President Trump's clean-energy policies down the road may lift the value of renewable-power assets depressed by fears ...