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 ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

(Reuters) - U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since ...

Q4 2024 Management View CEO Andrew Phillips highlighted a 6% increase in oil production for 2024 and noted this was the third consecutive year of high single-digit organic growth rates in oil per debt ...

Shell plc, the multinational oil and gas company, announced on Tuesday that it has resumed oil production at the Penguins oil ...

The overall drilling rig count in North America is up 9 units during the week ended Jan. 17, with Canada’s double-digit oil-directed ... 275-310 million to support production of 35,000 boe ...

A bill seeks to encourage drilling for oil outside of North Dakota’s highly productive Bakken Formation and take advantage of ...

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

Brazilian state-run oil giant Petrobras reported on Monday a 10.5% decrease in its total fourth-quarter oil and gas production from a year earlier, while also experiencing lower sales and exports.

A worker tests crude oil sample at an offshore production platform of the first phase of Bozhong 26-6 oilfield in China's Bohai Sea, Feb. 8, 2025. The first phase of Bozhong 26-6 oilfield, by far the ...

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

Shell restarted production at the Penguins oil field in the U.K. North Sea with a new floating, production, storage and ...