CNOOC has discovered a new oil field, Huizhou 19-6, in the South China Sea, estimated to contain over 100 million tons of ...

PetroChina , , Asia's largest oil and gas producer, on Sunday said annual net profit rose 2% to a record high, as moderately ...

Demand growth has been weak, oil output has increased elsewhere and some Opec+ members have pumped above their quotas, ...

Crude oil prices are set for another weekly gain, driven by new U.S. sanctions on Iran's energy industry and OPEC+ efforts to ...

Alaska could see the biggest jump in crude oil production in decades thanks to new developments, said the Energy Information ...

Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria. Facts The purpose ...

U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces ...

China's National Offshore Oil Corp. said Monday it has discovered a major oilfield in the eastern South China Sea, with ...

Daily production of 413 barrels of crude oil and 68,000 cubic meters of natural gas has been yielded after test drilling, a ...

U.S. crude oil production averaged 13.574 million barrels per day (b/d) during the week ending March 21, up by 1,000 b/d from the previous week, the U.S. Energy Information Administration (EIA) said ...

Canadian oil producers selling crude to U.S. refiners are enjoying a significant windfall, and they have one man to thank: ...

April WTI crude oil (CLJ25) Thursday closed up +1.10 (+1.64%), and April RBOB gasoline (RBJ25) closed up +0.0215 (+0.99%). Crude oil and gasoline prices advanced Thursday after the US ramped up ...