As CNOOC intensifies its exploration of the South China Sea’s deepwater reserves, it's encountering more technical hurdles. The company is deploying innovative technologies and tailored approaches to ...

XOM is gearing up for its eighth project in Guyana, known as the Longtail project, which will be the first one to produce gas ...

Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

A public prosecution has been initiated against Li Yong, former general manager of China National Offshore Oil Corporation (CNOOC), on suspicion of bribery. Following the designation by the Supreme ...

The award follows months of competition and a cancelled bid process, with final contract signing still pending ...

Chevron, which recently moved its headquarters to Houston, is planning to cut a significant portion of its workforce over the ...

The Bohai 26-6 Phase I project has begun production and aims to peak at around 22,300 barrels of oil equivalent daily by 2025 ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Jan 22 (Reuters) - Chinese state oil and gas company CNOOC (600938.SS), opens new tab has set its 2025 production target at a record high, between 5.6% and 8.3% above 2024's output. The offshore ...

CNOOC Ltd. started production at the Bozhong 26-6 Oilfield Development Project (Phase I) in central Bohai Bay in about 20 m ...

An ExxonMobil-led consortium, which includes Hess and CNOOC, aims to increase production capacity to more than 1.7mbbl/d by ...

Chevron is betting on the multi-billion acquisition of Hess Corp to boost its assets with high-quality Guyana acreage ...