The FPSO will be connected to 12 wells in about 2,000 m of water and has an operational capacity of 180,000 bo/d and 12 ...

with China’s CNPC owning the remaining 20%. The discovery was confirmed using electric logs, gas indicators, and fluid samples, indicating a significant oil-bearing interval. Petrobras and its ...

China’s ambassador to South Sudan said construction on the Juba-Rumbek highway, the country’s first oil-for-infrastructure ...

BEIJING, CHINA – Media OutReach Newswire – 20 May 2025 – On the morning of May 20, the 29th World Gas Conference (WGC2025) ...

TotalEnergies announces first oil from the fourth development phase of the Mero field on the Libra block, located 180 km off ...

Falling oil prices exacerbated the Soviet Union’s economic woes, contributing to the failure of Gorbachev’s political and ...

PetroChina will permanently shut the last crude unit at its Dalian refinery on June 30, concluding a phased closure driven by ...

The Los Angeles County Board of Supervisors is calling for a series of reports to identify potential gaps in public safety related to oil drilling operations during a continued phase-out of such ...

The L.A. County Board of Supervisors on Tuesday unanimously voted to repeal a 2023 law to phase out oil drilling in unincorporated communities over the next 20 years. Counterintuitively ...

Donate now. What’s next: Because that new state law isn’t retroactive, both the city and county of L.A. have to go through the process of passing new oil phaseout ordinances. The L.A. County ...

Between this, paying laborers, maintaining the rig, and other associated costs, offshore oil drilling can get absurdly expensive. With such major costs involved, it's no surprise that the hope is ...