Enlargement of the Kazakh oilfield has suffered delays and huge cost overruns since it began in 2012. Clay Neff, Chevron's ...

China National Offshore Oil Corporation (CNOOC) has started phase one production at the Bozhong 26-6 oilfield development project in central Bohai Bay. CNOOC holds a 100% interest and operates the ...

In a report released today, Eddie Kim from Barclays maintained a Buy rating on Liberty Oilfield Services (LBRT – Research Report), with a price ...

Prio, a Brazilian oil company, is in discussions to purchase the remaining 60% stake in the offshore Peregrino oilfield from Norway's Equinor, reported Reuters, citing Brazilian newspaper Folha de S.

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

CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that ...

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

On 30 January, a Scottish judge ruled that development of the UK North Sea Rosebank and Jackdaw fields was unlawful on emissions grounds ...

Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...

"Landman," the popular series from Paramount+, illustrates an utterly underappreciated advantage the U.S. has over other countries: Individuals and companies are allowed to own mineral rights.

The reservoir of the Bozhong 26-6 oilfield is buried in metamorphic rocks beneath the seabed at a depth of over 4,500 meters, and its formation temperature can reach 178 degrees Celsius, making its ...

Weatherford International is one of the larger oilfield-services firms in an otherwise hyper fragmented industry. However, in terms of size, it remains some distance from the industry’s Big Three: SLB ...