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

Following a power outage, Equinor on Tuesday suspended all production at the huge 755,000-bpd Johan Sverdrup oilfield in the North Sea, Western Europe’s biggest, a spokesperson for the Norwegian ...

Shell has restored oil and gas production from the Penguins field in the UK North Sea with a new floating, production, storage and offloading (FPSO) facility, the UK-based supermajor said on ...

The Bantam project works with CapturePoint, an oil and gas company that injects carbon dioxide to bring fossil fuels to the surface through enhanced oil recovery (EOR) in the North Burbank oil field ...

BP then resumed its studies on the field, but in late 2019 it pulled out of the oilfield after its 2013 service contract expired with no agreement on the field's expansion. BP holds a 50% stake in ...

State-run Basra Oil Company has signed two agreements with US energy major Halliburton to develop the Nahr Bin Omar and Sinbad oil fields. The agreements include sharing all data and information ...

The previous Conservative government acted "unlawfully" when it gave permission to the offshore Rosebank oilfield and Jackdaw gas project, the court ruled. The ruling came on a legal challenge ...

Plans to develop the UK's largest untapped oilfield have been frustrated in a major climate court case. A Scottish court ruled the previous Conservative government acted "unlawfully" when it green ...

British energy major Shell, which owns the Jackdaw gas condensate field 250 kilometres east of the Scottish city of Aberdeen, and Norway's Equinor, the majority owner of Rosebank oil field 145 ...

Greenpeace and Uplift brought the challenge at the Court of Session in Edinburgh over decisions to give approval to the Rosebank oil field north west of Shetland and the Jackdaw gas field off ...

The oil fields were approved by the previous Conservative government, but the Labour government that came into power in July said it would not contest the Scottish court case in light of the ...