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

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 ...

The world's second-largest refining industry is estimated to import 559 million metric tons of crude oil this year, CNPC's Economics and Technology Research Institute (ETRI) said on Tuesday ...