British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil and gas prices as ...

Expansion of Adnoc’s Lower Zakum and Upper Zakum oilfields is crucial to its plans to boost emirate’s oil production capacity ...

The E&P chief of U.K.’s Ineos says its oily Eagle Ford Shale acquisition in 2023 has been a profitable platform entry for its ...

Chinese stocks have been a money pit for the past few years. But for investors willing to look past the wreckage, some ...

Find insight on Cnooc, Ampol and Santos and more in the latest Market Talks covering energy and utilities.

Crude oil output reached 213 million tons last year, nearing historic peaks, while natural gas production rose to 246.4 ...

CNOOC set a target of raising its net production to over two million barrels of oil equivalent a day in 2025 while keeping ...

In the longer term, CNOOC intends to transform itself into a low-carbon company and the firm plans to invest an additional 5% to 10% of its annual capital expenditure in the new energy sector, such as ...

Asian equities were higher, except for Hong Kong and Mainland China, which were off following President Trump’s 10% tariff ...

Chinese state oil and gas company CNOOC has set its 2025 production target at a record high, between 5.6% and 8.3% above 2024 ...

Chinese state oil and gas company CNOOC has lifted its 2025 production target by 5.6-8.3% to a record high versus 2024 output.

China's crude oil imports will likely rise only 1% this year, and the country's reliance on oil imports is projected to ...