Why are oil and gas traders seeking tariff waivers for US imports from China?
Oil and gas traders are likely to request tariff exemptions from Beijing for imports of the two energy commodities from the ...
Russia Faces an Impending Oil Tanker Crisis as Sanctions Pile Up: Oil Strategy
Russia appears to be on the cusp of a debilitating oil-freight transportation problem because of US sanctions, writes ...
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CNOOC Says World's Biggest Buried Metamorphic Hill Oilfield Now Producing
Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.
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World’s largest metamorphic rock oilfield in China’s Bohai Sea commences production
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 ...
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Norwegian shipowner Champion Tankers braving Red Sea return as others steer clear
At least one Norwegian shipping company is ready to chance a voyage through the Red Sea. Champion Tankers’ 47,200-dwt ...
Photos reveal extent of damage to Whiffen Head oil terminal, tanker following collision
Photos obtained by CBC News reveal the extent of the damage to an important oil terminal in Newfoundland and Labrador after a ...
Chevron accelerates Kazakh oilfield ramp-up, sources say
Chevron is speeding up its expansion of Kazakhstan's Tengiz oilfield, two sources familiar with the plans told Reuters, raising its output to around 1% of global crude supply.