CNOOC has announced a major oilfield discovery in the north-central waters of the Bohai Sea, producing medium-heavy crude oil. “The successful...

Chinese CNOOC is set to begin talks with Angola for oil exploration opportunities, according to a statement from the...

bp and Venezuela have confirmed that they are in discussions with the Trinidad and Tobago government to develop a...

ExxonMobil Guyana has announced a new discovery at Bluefin in the Stabroek block, located offshore Guyana, marking the company’s...

Saipem has signed a Letter of Intent for the development of CO2 offshore transportation and storage facilities in the UK. The...

Shell has announced changes to its 2030 carbon reduction target and scrapped a 2035 objective, citing lower power sales...

Singapore’s middle distillates stockpiles have surged by 8% week on week, reaching a new high since September 2021, as...

Steelmaker ArcelorMittal has announced its plans to purchase a 28.4% stake in Vallourec for approximately $1 billion, aimed at...

The US Department of Energy has announced that it is granting $750 million to projects in 24 states that are...

Iran’s oil production has reached above 3.2 million barrels per day (mmbbl/d) in February 2024, according to the latest...