Why China’s Oil Production Keeps Growing Despite Lower Oil Prices
Over the past couple of years, China’s oil industry has revealed a peculiar trend, with production maintaining an…
Chinese giant expands its oil & gas footprint in Southeast Asia
Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has enlarged its Asian portfolio with two…
Exxon Will Benefit Most from South America’s Newest Petrostate
The South American country of Guyana has recently emerged as a world-recognized oil-producing nation. This occurred due to…
The Controversial East African Crude Oil Pipeline Is Nearing Completion
The East African Crude Oil Pipeline (EACOP) has been in the works for over a decade, following repeated…
ExxonMobil Raises Guyana Oil Capacity To 900,000 Barrels Per Day
Photo of the ONE GUYANA FPSO in use at the Yellowtail deepwater field by ExxonMobil and its Consortium…
China Launches Phase 2 Deep-Sea Gas Field Adding 4.5BCM To Supply
China National Offshore Oil Corporation (CNOOC) has fully launched the second phase of its Deep-Sea No. 1 natural…
CNOOC Limited Brings On-stream Weizhou 5-3 Oilfield Development Project
HONG KONG, June 9, 2025 /PRNewswire/ — CNOOC Limited (the “Company”, SEHK: 00883 (HKD Counter) and 80883 (RMB…
Guyana Oil Boom Lifts Exxon-Led Group’s 2024 Profit to $10.4 Billion
6/4/2025 (Reuters) — An oil-producing consortium in Guyana comprising Exxon Mobil, Hess and CNOOC posted a 64% surge…
As Malaysian oil runs out, is untapped Uganda the unlikely answer?
Malaysian firms have been invited to bid for untapped petroleum fields in Uganda as the Southeast Asian nation’s…
China’s CNOOC Sees Second-Highest Annual Profit, Says Trade Frictions May Amplify Crude Oil Demand Volatility
(Yicai) March 28 — China National Offshore Oil Corporation, the country’s largest offshore producer of crude oil and…
Exxon Plans Large-Scale Gas Pipeline, LNG Project in Guyana
2/19/2025 (Reuters) — U.S. oil major Exxon Mobil is planning to increase natural gas output and supply in…
CNOOC starts production at Buzios7 project in Brazil’s Santos Basin
China National Offshore Oil Corporation (CNOOC) has commenced production at the Buzios7 project at the Buzios field. The…