Experts warn that the energy sector is not contemplating a boost in production, despite the president’s messages. The country ...

A massive fire broke out this Saturday near Santa Marta and Varadero in Matanzas Province, causing widespread concern among ...

Senegal Ministry of Energy Petroleum and Mines announced on Thursday that crude oil production from the Sangomar field is expected to reach approxima ...

China National Offshore Oil Corp has commenced production at the Bozhong 26-6 oilfield development project (Phase I), the ...

Oil prices are typically quoted per barrel — this is the same for the Brent crude oil spot price. What Drives the Price of Oil? Crude oil is extracted from underground oil reserves. In Brent crude oil ...

The National Board of Revenue (NBR) is set to impose a fresh 25 percent regulatory duty on the export of crude and refined ...

The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a particularly light crude oil which is carried from ...

Later, crude oil prices would drop below zero ... a wide range of products across multiple industries, including the extraction of hydrocarbons for other industrial gases and fuels.

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

Artificial Lift System Market projected to reach US$ 55.3 billion by 2030 | North America Dominate Region by US, Canada Improving ...

CNOOC Limited announced on Friday that the Bozhong 26-6 oilfield development project (phase I) has commenced production.