CNOOC has discovered a new oil field, Huizhou 19-6, in the South China Sea, estimated to contain over 100 million tons of ...

PetroChina Co.’s profit hit record levels last year, as increased production offset lower energy prices and a weaker ...

South Korea's SK Hynix , the world's second-largest memory chip maker, said on Thursday that some customers have brought ...

China has discovered large-scale integrated clastic oilfield in deep to ultra-deep layers for the first time in South China ...

The US Energy Information Administration says the South China Sea is mostly underexplored because of territorial disputes, ...

Daily production of 413 barrels of crude oil and 68,000 cubic meters of natural gas has been yielded after test drilling, a ...

China National Offshore Oil Company (CNOOC) has posted an 11.4% net profit growth in 2024, marking a record year of oil and ...

Oil prices are set to remain under pressure in 2025 as U.S. tariffs and slowing economic growth in India and China weigh on ...

BEIJING — China National Offshore Oil Corp. (CNOOC) has discovered an oilfield in the South China Sea with proven reserves exceeding 100 million tonnes, Xinhua news agency reported on Monday. The ...

Oil prices climbed about 2% to a five-week high on Monday on worries supplies could decline if U.S. President Donald Trump ...

The first to exit is Ma Yongsheng, the 64-year-old chairman of Sinopec. A seasoned geologist and key figure in China’s ...

SINGAPORE: China's CNOOC Ltd posted a rise of 11.4 per cent in 2024 net profit on record output despite weaker oil prices, as ...