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

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

Introduction to Fossil Fuels Fossil fuels like coal, oil, and natural gas have powered our world for centuries. They ...

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

The world’s largest metamorphic rock oilfield has commenced production. The billion-tonne Phase I project of Bohai 26-6 started production on February 7, according to its developer, China National ...

Politically connected Florida magnate Harry Sargeant III has made a fortune off oil and asphalt deals worldwide.

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream the first phase of ...

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

CNOOC Limited has announced that Bozhong 26-6 Oilfield Development Project (Phase I) has commenced production.

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

Environmentalists are worried the state — known for a lax approach to regulation — is not prepared for the added ...

NUPRC has reported that the cost of producing crude oil in Nigeria has surged to approximately $40 per barrel.