China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...

That was the purpose of a CNPC project in the Tarim Basin in Northwestern China, where the state oil major experimented with drilling depths of up to 11,000 meters. The drilling began in 2023.

1 State Key Laboratory of Oil and Gas Reservoir Geology and Exploitation, Chengdu University of Technology, Chengdu, China 2 Sichuan Geophysical Company of CNPC Chuanqing Drilling Engineering Company ...

Two deep, one unconventional and one old’ strategy aims to revitalise China’s upstream prospects through targeted exploration ...

While the Trump mantra defined the president's energy platform during his campaign, it glosses over the fact that US shale ...

But most of the drilling leases already granted to companies in the oil-rich Gulf are idle and unused, and they’ll stay that way until the United States’ record-breaking production rates wane ...

The Republican-led House passed legislation to block future administrations from enacting bans on oil and gas drilling without congressional approval. In a vote on Friday, lawmakers passed the ...

US oil drilling activity has dropped to near post-pandemic lows due to low oil prices and cost inflation, with the rig count falling for over two years. Oil companies are prioritizing shareholder ...

The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska's National Petroleum Reserve. The Biden administration advanced a plan to limit oil drilling ...

Nigerian President Bola Tinubu and key members of his administration met with select members of the Ogoni community from the Niger Delta on Jan. 21 to discuss restarting oil drilling in the region ...