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Crude Oil
Marathon Oil Cuts 500 Houston Jobs Ahead of ConocoPhillips Takeover
Marathon Oil Corp. warned of a mass layoff involving more than 500 employees at its Houston headquarters as part of the $17 billion takeover by ConocoPhillips, …
Oil & Gas Trade
Italy’s Eni, BP Resume Onshore Drilling In Libya After 10-year Hiatus
Italian energy company Eni and British oil giant BP have resumed exploration in Libya after onshore drilling was halted in 2014, Libya’s national oil corp…
Oil Field
Chinese Giant Brings Another Oil Development Project Online in South China Sea
Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has started production from an oilfield development project in the South C…
China
CNOOC Sees Record Oil and Gas Output From Independent Field
China National Offshore Oil Corporation (CNOOC) has revealed a record cumulative production of nine billion cubic metres (bcm) of natural gas and more than 900,…
Oil & Gas Trade
CNOOC’s Bozhong 19-2 Oilfield Project Starts Production
Photo from CNOOCIt is expected to reach a peak production of 18,800 barrels.China National Offshore Oil Corporation (CNOOC) has commenced production at its Bozh…
Oil & Gas Trade
Libya’s NOC Denies It Is in Talks to Supply Crude Oil to Nigeria
Libya's National Oil Corporation (NOC) on Sunday denied holding negotiations to supply crude oil to a refinery in Nigeria.A senior executive with Nigeria…
Oil&Gas Drilling
China’s CNOOC Reports Major Oil and Gas Breakthrough in Bohai Bay
The logo of China National Offshore Oil Corporation (CNOOC) is seen at its booth during the China International Fair for Trade in Services (CIFTIS) in Beijing, …
Solar Power Plant
SNOC and Emerge Begin to Build 60MWP Solar Plant in Sharjah, UAE
The solar PV plant will be developed in SNOC’s Sajaa gas complex. Credit: Masdar.Emerge, a joint venture between Emirati state-owned renewable energy comp…
LNG
China Completes Its Largest LNG Storage Base
A subsidiary of China National Offshore Oil Corporation (CNOOC) has completed the construction of China's largest LNG storage base, a move that aims to ensu…
Oil&Gas Drilling
Chinese Energy Heavyweight Flips the Production Switch on at Oil Project
Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has put an oilfield development project in production mode.Illustration; S…
Oil & Gas Trade
Indian Oil to Boost LNG Portfolio to 20 Mln Tonnes by 2030, Exec Says
Indian Oil Corp Ltd logo is seen displayed in this illustration taken, April 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsIndia…
Oil&Gas Drilling
China's Bohai Oilfield Completes Drilling of 6,088-Meter Well
The Bohai Oilfield, China's largest offshore crude oil production base, has completed the drilling operations of a new 6,088-meter-deep well, the China Nati…
Oil&Gas Drilling
China's CNOOC Reports Major Gas Breakthrough in South China Sea
The logo of China National Offshore Oil Corporation (CNOOC) is seen at its booth during the China International Fair for Trade in Services (CIFTIS) in Beijing, …
Oil&Gas Drilling
KNOC to Drill Deepwater Wildcat Offshore South Korea in Area Touted to Have Multi-Billion Boe Potential
South Korean President Yoon Suk Yeol.Photo: AP/SCANPIXThe South Korean government has tasked state-run Korea National Oil Corporation (KNOC) with drilling a rar…
Oil & Gas Trade
China's CNOOC Signs Oil Exploration, Production Contracts With Mozambique
Men wearing face masks walk past a sign of China National Offshore Oil Corp (CNOOC) outside its headquarters in Beijing, China March 8, 2021. REUTERS/Tingshu Wa…
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