China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream Wenchang 9-7 oil field development in the western Pearl River Mouth Basin in South China Sea.

Philippines Royal Oil & Alternative Energy Co. PhilOil has signed a MOA for a joint venture, according to the terms of which PhilOil will begin in 2008 exploration, development and mining of an ...

Libya’s National Oil Corporation (NOC) has declared force majeure on operations at the El Sharara oil field, a critical asset in the country’s oil production infrastructure. This decision comes as ...

Prince Abdulaziz said Jabu oil field has been discovered in Eastern Region, following the flow of Arabian Extra Light Oil in "Jabu-1" well at a rate of 800 barrels per day (bpd), while Sayahid was ...

after the discovered reserves in the Xinxing shale oil field in eastern China underwent review and registration by the Chinese Ministry of Natural Resources. Sinopec affirmed that these reserves ...

Norway’s is famously huge. Qatar used its to buy Harrods. How do sovereign wealth funds work? And why isn’t ours as big as Norway’s?

Missan Oil Company has successfully transported its first sulphur shipment, weighing 80 tons, from the Halfaya oil field to its sulfur storage facilities located north of the Bazargan field. Hussein ...

The price of Brent crude oil is $65.27 per barrel, and the price of WTI crude oil is at $62.20 per barrel. See the historical price charts and analysis below. See the historical price charts and ...

Newfoundland and Labrador government officials and Cenovus company representatives gathered in Agrentia, to celebrate the completion of the West White Rose extension. As Abby Cole reports, leaders are ...

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Apr. 8—An oil company developing a large field on Alaska's North Slope has reached a deal with ConocoPhillips over the use of roads needed to access that field and other prospects. Santos ...