China has launched a new ultradeep drilling campaign, aiming to unlock oil and gas resources from depths exceeding 8,000 ...

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

Drilling on a new swath of ultra-deep crude oil wells in the depths of the Taklamakan Desert, Northwest China's Xinjiang Uygur Autonomous Region, has started after the Spring Festival holiday, the ...

2024 CNPC, Asia's top oil producer, is reviewing its global strategy as it looks to revive dealmaking, eyeing gas liquefaction and deepsea drilling as well as building on its record of producing ...

President Donald Trump on Friday signed an executive order formally creating a National Energy Dominance Council and directed it to move quickly to drive up already record-setting domestic oil and ...

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 ...

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 ...