China recorded an estimated 82-million bbl increase in crude inventories during second-quarter 2025. The surge—one of its ...

Kenli 10-2 Oilfields Project Begins Production in Bohai Sea. CNOOC Limited Initiates Production at Largest Shallow Oilfield ...

Chevron Corp. (NYSE: CVX) on Friday closed its $53 billion purchase of Hess Corp., winning a protracted legal fight with ...

A move away from clean energy in Washington and Raleigh could make it more difficult for N.C.'s large, expensive offshore ...

Exciting news! CNOOC has commenced production at the Kenli 10-2 oil field in the Bohai Sea, China's largest offshore oil ...

China National Offshore Oil Corporation (CNOOC) announced Tuesday that a newly developed oilfield in the Bohai Sea has started production, marking a significant step in the country's offshore energy ...

CNOOC Limited announced on Tuesday that Kenli 10-2 Oilfields Development Project (Phase I) has commenced production, marking ...

The Chinese government is boosting domestic production and the EV industry in the name of national security. There are 14 ...

With Hess finally in hand, Chevron can focus on tapping upsized opportunities in Guyana as it cements its position as a Top ...

BP and Shell’s new agreements with Libya’s National Oil Corporation signal a deeper Western strategic push into the region’s ...

Chevron struck the deal to acquire Hess in October 2023. Exxon tried to block the move last year, saying it had a right of ...

The ICC ruled in favor of Chevron’s $53 billion acquisition of Hess, granting it a 30% stake in Guyana's Stabroek Block.