China National Offshore Oil Corp has commenced production at the Bozhong 26-6 oilfield development project (Phase I), the ...

Private oil processors in China have slashed their operating rates to levels last seen at the beginning of the pandemic, as U.S. sanctions on Russia cut a key source of crude supply.

Chinese independent refiners have significantly reduced their crude processing rates due to soaring costs for Russian crude ...

Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

Pump prices of petroleum products are poised to experience another round of mixed adjustments next week, according to the ...

Oil futures climbed Friday from their lowest levels of the year, but tallied a third straight weekly fall amid rising U.S. inventories and worries that the Trump administration's higher tariffs on ...

The average long-term price prediction of lithium is quite volatile, ranging from as high as $70,000 per ton down to the ...

Nearly three years after President Vladimir Putin invaded Ukraine, his troops are making steady progress on the battlefield.

The European Union is scrambling to cut taxes on American cars in a bid to avert a trade war with Donald Trump. Brussels is ...

US stocks traded lower after fresh data showed the economy added 143,000 jobs in January, fewer than the 175,000 expected by ...

South Korea’s offshore energy exploration projects have come under scrutiny after a highly publicised deep-sea gas field was ...

The world’s largest metamorphic rock oilfield has commenced production. The billion-tonne Phase I project of Bohai 26-6 started production on February 7, according to its developer, China National ...