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Video: China's Largest Oil-and-Gas Field Reports Record Output
China's largest oil-and-gas field has produced over 60 million tonnes of oil equivalent of crude oil and natural gas so far this year, hitting a record high.
Oil & Gas
Oil Price Rally Fades as OPEC’s Plans Overshadow U.S. Stimulus
A brief rally in crude oil deflated Monday as investors ignored a broader market surge that pushed equities to an all-time high and focused instead on looming n
Oil & Gas
Novak Says Russia Backs OPEC+ 500,000 bpd Oil Output Hike from February
Russia expects to support an increase in oil production by the group, known as OPEC+, of another 500,000 barrels per day from February at next month’s summit o
Oil & Gas
Iraq Works to Boost Southern Crude Export Capacity
Iraq's oil ministry is working to boost the country's crude oil storage capacity at the southern port of al-Faw as part of plans to nearly double its southern o
Oil & Gas
China's Changqing Oilfield Exceeds 60 million tonnes of Annual Output
Changqing Oilfield, China's largest oil-and-gas field, has produced over 60 million tonnes of oil equivalent of crude oil and natural gas so far this year to hi
Oil & Gas
Talos Continues Talks With Pemex Over Massive Shared Oil Discovery Off Mexico
Talos Energy, leading a consortium of foreign oil companies, discovered the large Zama oil deposit in 2015.
Oil & Gas
UAE Projects a Gradual Oil Demand Recovery in 2021
The United Arab Emirates is optimistic about a recovery in oil demand in 2021, but says it won’t be immediate.
Oil & Gas
Rystad Expects 2021 to Bring Largest Crude Deficits in Years
The Covid-19 pandemic has devastated crude and condensate demand in 2020, creating massive supply surpluses and filling up inventories, causing producers to sla
Oil & Gas
Petrobras on New Well in Búzios Field
Petrobras has confirmed oil of excellent quality with the drilling of well 9-BUZ-48D-RJS, located in the extreme northwest of Búzios field in the Santos Basin.
Oil & Gas
Russia’s Crude Oil Exports Drop 10% In January-October
Due to lower demand and the OPEC+ deal, Russia’s crude oil exports declined by 10.4 percent in volume year over year in January to October, data from the Russi
Oil & Gas
China Issues Higher Oil Import Quotas For 2021
China has issued the first round of crude oil quotas for next year, and it is 18 percent higher than the respective round for 2019, citing unnamed sources in th
Oil & Gas
India's Crude Oil Production Slips 5 pc in November
Crude oil production in November at 2.48 million tonnes was lower than 2.61 million tonnes produced in the same month a year back
Oil & Gas
Oil Tumbles As New Virus Strain Revives Demand Fears
Oil prices tumbled on Monday as a fast-spreading new coronavirus strain that has shut down much of Britain and led to tighter restrictions in Europe sparked wor
Oil & Gas
OPEC+ Plans To Meet More Frequently To Discuss Oil Market Balancing
OPEC+ will take a more hands-on approach to global oil markets now that it plans to meet more frequently, citing the leaders of the group, Saudi Arabia and Russ
Oil & Gas
China Issues 122.59 mln T in 1st Round of Oil Import Quotas
Beijing had said inThe ZPC plant last month started operations at a 200,000 barrel per day (bpd) crude processing unit.

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CNOOC's Offshore Gas Field Cluster Around Hainan Island Achieves Annual Oil and Gas Equivalent Output Exceeding 10 Million Tons

Crude Oil

Video: China's Largest Oil-and-Gas Field Reports Record Output

Oil Price Rally Fades as OPEC’s Plans Overshadow U.S. Stimulus

Novak Says Russia Backs OPEC+ 500,000 bpd Oil Output Hike from February

Iraq Works to Boost Southern Crude Export Capacity

China's Changqing Oilfield Exceeds 60 million tonnes of Annual Output

Talos Continues Talks With Pemex Over Massive Shared Oil Discovery Off Mexico

UAE Projects a Gradual Oil Demand Recovery in 2021

Rystad Expects 2021 to Bring Largest Crude Deficits in Years

Petrobras on New Well in Búzios Field

Russia’s Crude Oil Exports Drop 10% In January-October

China Issues Higher Oil Import Quotas For 2021

India's Crude Oil Production Slips 5 pc in November

Oil Tumbles As New Virus Strain Revives Demand Fears

OPEC+ Plans To Meet More Frequently To Discuss Oil Market Balancing

China Issues 122.59 mln T in 1st Round of Oil Import Quotas

CNOOC's Offshore Gas Field Cluster Around Hainan Island Achieves Annual Oil and Gas Equivalent Output Exceeding 10 Million Tons

Mexico’s Pemex Increased Crude Shipments to Cuba in 2024, Filing Shows

China’s Recovery in Crude Oil Imports Is More Bearish Than Bullish

SOCAR Announces Expected Volume of Euro-5 Gasoline Output in Azerbaijan in 2025

Egyptian Petroleum Minister Inspects First Exploration Well Operations at New Oil Field in Gulf of Suez

Petrovietnam and Partners Sign PSC for Vietnam’s Block 15-1