US Drillers Add Oil and Gas Rigs for Second Week in a Row, Baker Hughes Says
(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 ...
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CNOOC Says World's Biggest Buried Metamorphic Hill Oilfield Now Producing
Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.
This Top Oil Stock Plans to Send Investors $10 Billion in Cash in 2025
The oil company sent investors $9.1 billion last year via dividends and share repurchases. Based on current commodity prices, ...
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World’s largest metamorphic rock oilfield in China’s Bohai Sea commences production
The world’s largest metamorphic rock oilfield has commenced production. The billion-tonne Phase I project of Bohai 26-6 started production on February 7, according to its developer, China National ...
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BP discovers significant oil and gas reserves in Egypt’s King Mariout offshore block
The King exploration well is positioned close to BP's current facilities and subsea pipelines in the West Nile Delta project.