Sinopec discovered Xinxing and Qintong shale oil fields in eastern China. The fields show promise for high initial yields. Sinopec said it has discovered Xinxing and Qintong shale oil fields in ...

New Delhi [India], March 20 (ANI): The new Oil Field Amendment Bill 2024 has relaxed regulations for making small oil fields lucrative for investors. Under the provisions of the bill, the ...

Horizon Oil has signed a sale and purchase agreement to acquire stakes in the producing Sinphuhorm and Nam Phong gas fields onshore Thailand from ExxonMobil. The acquisition involves a 7.5% ...

As part of the FGP, a new Third-Generation Plant (3GP) was built at the Tengiz oil field, which was discovered in 1979 and ranks as one of the world’s largest and deepest fields. This project ...

HOUSTON, March 10 (Reuters) - Fatih Birol, the director of the Paris-based International Energy Agency, said on Monday there is a need for investment in oil and gas fields to support global energy ...

This story was produced in partnership with the Pulitzer Center. It is part two in a four-part series. Read part one here. President Trump and Texas lawmakers are pushing to loosen the laws and ...

Brunei’s economy grew stronger in 2024 at 4.2 per cent and is projected to grow at a similar rate in 2025. The key drivers of ...

KUALA LUMPUR: Brunei are back to spice up the Malaysian football scene. After months of speculation regarding their return, Brunei have expressed their intention to compete in the Super League ...

and crude from Russian oil fields. In terms of production and quotas, Kazakhstan has turned into one of the biggest laggards in OPEC+, consistently overproducing, along with Iraq and Russia.

Birol’s stance differs from the IEA’s messaging in 2021 that the world would not need new oil and gas exploration and new field investments if it is to meet its net zero emissions pledges as ...