Oilfields

Libya

Libya fully resumes output at Sharara and El Feel oil fields, NOCK says

​Libya's National Oil Corporation said on March 30 ​that oil production had fully resumed at the Sharara and El ‌Feel oilfields after completing main…

Oil Field

First Oil Flows From Chinese Major’s Bohai Sea Shallow Water Asset

CNOOC Limited, a subsidiary of China National Offshore Oil Corporation, has commenced production at the Kenli 10-2 Oilfields Development Project (Phase I) in th…

Oil Price

Oil Prices Slip as Kurdistan Export Resumption Looms

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024.Oil prices slipped in Asia on Monday, extending losses from last week, on t…

Oil&Gas Drilling

CNOOC Limited Brings On-Stream the First Green Design Oilfield in Offshore China

CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that the first green design oilfield in offshore C…

Oil & Gas Trade

Energy Producers Santos, Repsol Explore Sale of Stakes in Alaska Oilfields, Sources Say

The logo of Repsol is seen near a fuel station in Malaga, Spain, April 24, 2024. REUTERS/Jon Nazca/File Photo Purchase Licensing RightsOil and gas producers San…

Oil Field

CNOOC Brings South China Sea Fields on Stream

Chinese offshore operator CNOOC Ltd has achieved first oil at the Lufeng Oilfields Phase II Development Project located in the Pearl River Mouth basin of the So…

Offshore Wind Power

China’s First Deep-Sea Floating Wind Power Platform Put Into Operation

China’s first deep-sea floating wind power platform was put into operation to generate green energy for the operation and production of offshore oilfields…

Ultra-high voltage grid

China’s Oil and Gas Firm Inaugurates Power-From-Shore Project

China’s oil and gas company CNOOC Limited has commenced operations from its oilfields onshore power project located in Bohai Bay, which will supply electr…

Oil Field

Norway’s Equinor Considers Buying Chinese North Sea Oilfields

Reuters reported on Monday that Norway's Equinor ASA is considering buying oilfields in the British North Sea from China's CNOOC Ltd.

Oil Field

Norway’s Equinor Shuts Down Three Oilfields Due to Strike

The shutdown of the Gudrun, Oseberg South and Oseberg East fields comes after the Norwegian Organisation of Manager and Executives (Lederne) trade union went on…

Crude Oil

CNOOC Adds Oilfields in Brazil

China National Offshore Oil Corp (CNOOC)'s ultra-deepwater pre-salt oilfield in Brazil was put into operation on Tuesday, the latest effort by the country's top…

Natural Gas

No Challenge in Selling from Russian Oilfields, Says ONGC

Oil prices rallied to $119 per barrel on Thursday on fears that Russian supplies will be disrupted by the volley of Western sanctions that are aimed at non-ener…

Crude Oil

Russian Banks' Exclusion from SWIFT to Hurt Indian Oil Companies

Sanctions and exclusion of Russian lenders from the SWIFT system, the most important international payment network, will hurt Indian state-run firms' abilit…

Oil & Gas Supply

The State of Play of Africa’s Deepwater Discoveries

While global demand sees an upward trend in a post-COVID-19 environment, oil and gas producing countries have been unable to maintain supply owing to a myriad o…

India

India Looks To Increase Oil Production By Selling Stakes In Oilfields

India, which imports around 80 percent of the oil it consumes, is looking to boost its domestic oil production and has reportedly asked its state-owned producer…