PE Energy Limited, a leading energy services company has unveiled a new technology, Multi-phase Pump and Systems to end gas ...

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 ...

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

Trio of EPCI deals are part of Adnoc's P5 programme, which aims to ramp up the company's oil production capacity to 5 million ...

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 ...

U.S. refiner Delek has the option to run more light, sweet crude oil if it is economical to do so, CEO Avigal Soreq said on ...

ConocoPhillips reported better-than-expected fourth-quarter earnings and announced plans to return more than $1 billion to ...

Suncor says its upstream production for the quarter totalled approximately 875,000 barrels of oil equivalent per day.

Nigeria once dominated global palm oil production, with countries like Malaysia sourcing palm seeds from Nigeria in the 18th ...

Among the many big moves taken by the Trump Administration, boosting fossil fuel development has been a priority. In a series of actions, President Trump is following through on his promise not just ...

Oil prices rose marginally in Asian trade on Friday but were on track for a third straight week of decline, hurt by U.S.

OIL prices settled lower on Thursday after US President Donald Trump repeated a pledge to raise US oil production, unnerving ...