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Jul 291 min read

No easy answers to China’s raging thirst for oil

China has been making noteworthy offshore oil discoveries recently. Earlier this month, state-run China National Offshore Oil Corporation...

Jul 261 min read

The US will be an oil production powerhouse through at least 2026, Goldman Sachs says

America's oil production boom will last for at least the next 18 months, according to Goldman Sachs. Read More:...

Jul 241 min read

Rebellions scores $15M Series B extension from Saudi Aramco’s venture arm, eyes Saudi expansion

Rebellions secures $15M from Wa’ed Ventures, accelerating AI chip expansion and development in Saudi Arabia Read More:...

Jul 221 min read

Collective push required to meet decarbonisation charter goals, Cop28 President says

PetroChina has also become a signatory of the charter that calls for net zero emissions by 2050, Dr Sultan Al Jaber tells ministerial...

Jul 191 min read

QatarEnergy Takes Share of Chevron-Operated Block Offshore Suriname

QatarEnergy has signed an agreement with Chevron to acquire a 20% working interest in a production sharing contract for block 5 offshore...

Jul 171 min read

CNOOC Reports Major Oil and Gas Breakthrough in Bohai Bay

China's state-owned oil and gas firm CNOOC said on Monday it achieved an exploration breakthrough in Bohai Bay, with a discovery well...

Jul 151 min read

Big Oil’s Top 10 Investments in Petrochemicals

OIL DeMAND for petrochemical feedstocks is projected to account for 40% of the total oil demand growth from 2022 to 2028, effectively...

Jul 121 min read

Chevron and Hess say US FTC merger review expected for third quarter

Oil producers Chevron Corp and Hess Corp expect the U.S. Federal Trade Commission will review their proposed merger in the third...