The Dongfang 29-1 is expected to achieve peak production of 38 million cubic feet of natural gas per day this year.
Expansion of Adnoc’s Lower Zakum and Upper Zakum oilfields is crucial to its plans to boost emirate’s oil production capacity ...
China's three biggest oil companies -- the China National Petroleum Corporation, the China Petrochemical Corporation, and the China National Offshore Oil Corporation -- and other oil refineries ...
Crude oil output reached 213 million tons last year, nearing historic peaks, while natural gas production rose to 246.4 ...
State-owned giant China National Offshore Oil Corporation (CNOOC) has assumed management of compatriot SinoOcean Offshore Assets Management, the nation's strategic offshore asset manager.
Shell and China National Offshore Oil are planning a large expansion of their petrochemical joint venture in Daya Bay, China. The partnership is planning a third ethylene cracker, with 1.6 million ...
Although Suriname is one of the smallest countries in the Western Hemisphere, it is gaining importance as it heads in the same direction as neighboring Guyana in becoming one of the world’s newest oil ...
Chinese state oil and gas company CNOOC has lifted its 2025 production target by 5.6-8.3% to a record high versus 2024 output.
Sinopec maintains a stable and liquid balance sheet in order to retain flexibility. The firm's adjusted EBITDA covered its interest expense by 11 times in 2023, with net gearing ratio of 0.12 times as ...
British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil and gas prices as ...