Chinese stocks have been a money pit for the past few years. But for investors willing to look past the wreckage, some ...

In the longer term, CNOOC intends to transform itself into a low-carbon company and the firm plans to invest an additional 5% to 10% of its annual capital expenditure in the new energy sector, such as ...

Expansion of Adnoc’s Lower Zakum and Upper Zakum oilfields is crucial to its plans to boost emirate’s oil production capacity ...

CNOOC set a target of raising its net production to over two million barrels of oil equivalent a day in 2025 while keeping ...

Crude oil output reached 213 million tons last year, nearing historic peaks, while natural gas production rose to 246.4 ...

Shell and China National Offshore Oil are planning a large expansion of their petrochemical joint venture in Daya Bay, China. The partnership is planning a third ethylene cracker, with 1.6 million ...

Although Suriname is one of the smallest countries in the Western Hemisphere, it is gaining importance as it heads in the same direction as neighboring Guyana in becoming one of the world’s newest oil ...

Sinopec maintains a stable and liquid balance sheet in order to retain flexibility. The firm's adjusted EBITDA covered its interest expense by 11 times in 2023, with net gearing ratio of 0.12 times as ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating ... and Akita Eisen KK have established a joint company Japan Offshore Support (JOS) to provide ship maintenance ...

It sold its oil and gas portfolio in the North Sea and began shutting its coal plant as it pivoted to offshore wind power. In time, it billed itself as “the greenest energy company in Europe ...

China Petroleum & Chemical Corp, or Sinopec Corp , said on Friday it processed 2.03% less crude oil in 2024 versus 2023 and ...

China's Sinopec plans to raise crude throughput next month by 100,000 to 150,000 barrels per day (bpd) from January to meet a ...