CNOOC Ltd on Thursday reported a 11.4% growth in 2024 net profit on record oil and gas output despite weaker oil prices. The ...

Territorial disputes in the South China Sea continue ... A military clash between China and Vietnam is also a concern. In May 2014, China deployed a deep-sea oil rig in Vietnam's two hundred ...

The South China Sea is an important shipping route that holds significant oil and gas reserves. China's surface navy is growing at a rapid pace as busy shipyards turn out new warships, but the US ...

the region’s oil reserves are also significant. According to Zhou Shouwei, former president of CNOOC and an academic at the Chinese Academy of Engineering, the South China Sea is estimated to ...

China's CNOOC Ltd posted a rise of 11.4% in 2024 net profit on record output despite weaker oil prices, as the state energy ...

Deep beneath the South China Sea, researchers in China identified massive ... marking spots where tectonic activity disturbs deeply buried oil and methane, causing it to “seep” out of cracks ...

In recent months, Chinese coast guard vessels have behaved similarly toward a Malaysian oil rig in the South China Sea. China could escalate with more frequent or more intense harassment ...

the Philippines is keeping the door open for possible joint oil and gas exploration with Beijing in the South China Sea. Foreign Affairs Secretary Enrique Manalo said while government-level talks ...

China could stop importing crude oil in 20 years as the country accelerates the installation of renewable energy capacity and energy storage, a National People’s Congress deputy has forecast.