Oil corp

Crude Oil

India Buys Russian Oil Despite Pressure for Sanctions

The state-run Indian Oil Corp. bought 3 million barrels of crude oil from Russia earlier this week to secure its energy needs, resisting Western pressure to avo…

Natural Gas

China's First Self-Run Deep-Sea Field Produces 1 Billion Cubic Meters of Natural Gas

The Shenhai-1, the first deep-sea gas field fully operated by a Chinese company, has produced over 1 billion cubic meters of natural gas, said the operator Chin…

LNG

CNOOC To Take First LNG Cargo From U.S. Exporter

China National Offshore Oil Corporation, the largest Chinese importer of liquefied natural gas, has signed a deal with U.S. firm Venture Global LNG to buy LNG f…

Oil Field

Daily Natural Gas Supply of Deep Sea No.1 Gas Field Hits 10 million Cubic Meters

China’s first self-operated deep-water gas field exploration facility, Deep Sea No.1 built by China National Offshore Oil Corp in the South China Sea, is alrea…

Libya

Libyan Firm Stops Oil Production On Lack Of Funds

The Arabian Gulf Oil Company, a subsidiary of Libya’s National Oil Corporation (NOC), has suspended oil production for lack of money

LNG

Indian Oil expands JV with Malaysia's Petronas to focus on LNG plants

Indian Oil Corp is expanding its joint venture with Malaysia's state-run Petronas to include building liquefied natural gas terminals, fuel retailing and gas di…

Crude Oil

Pipeline Leak Cuts Libya’s Oil Production By 70,000 Bpd

Libya’s crude oil production fell on Monday by 60,000-70,000 barrels per day because pumping crude at an oilfield had to be reduced because of a leak in a pipe…

India

India Turns to OPEC Nations Saudi, UAE for Oxygen

He said state-owned Indian Oil Corporation and gas utility GAIL will be arranging for logistics to transport the oxygen

Floating Offshore Wind

South Korea’s First Floating Wind Farm Project Passes Preliminary Feasibility Study

Korea National Oil Corp., which operates oil and gas fields, welcomed the green light from the Korea Development Institute as a “significant starting point” f…

LNG

Petronas Partners China National Offshore Oil Corp for Cleaner Energy Solutions

Malaysia's Petroliam Nasional Bhd has signed a Memorandum of Understanding with China National Offshore Oil Corporation to pursue cleaner energy solutions throu…

Oil Field

China's New Offshore "Green Oil Field" has been Put into Operation

On the 15th, China National Offshore Oil Corporation announced that the Caofeidian 6-4 oilfield was put into operation.

Oil Field

China Locates Oil and Gas Field in South China Sea

China has located an offshore oil and gas field in the South China Sea, according to the China National Offshore Oil Corporation on Monday.

Crude Oil

Video: 100,000-Metric-Tonne Deep-Water Facility Delivered for Offshore Oil Production in S. China

​A 100,000-metric-tonne deep-water semi-submersible oil production and storage facility has been delivered to China's largest offshore oil producer, China Nati…

CNOOC

Trump Escalates Ban On Holding Chinese Oil Stocks, Delisting May Be Next

The Trump Administration is banning as of November 2021 the holding of shares in any Chinese company defined by the U.S. as having links to the Chinese military…

Oil Field

Italy’s ENI and UAE’s SNOC Begin Gas Production from Mahani Field in Sharjah

Italian energy major ENI and Sharjah National Oil Corporation from the United Arab Emirates announced on January 4 production start-up from the Mahani field, lo…