Saudi Arabia-headquartered investment firm The Arab Energy Fund has agreed to provide a $100 million private loan to Chinese ...

Oil production in the world’s largest importer of the commodity hit an all-time high of 4.6 million barrels daily.

Russia is boosting its crude oil exports, with shipments to China and India rebounding as ... s oil from the Arctic and Far East Pacific fields and production clusters to Asia have now been ...

Uganda has an estimated 6.5 billion barrels of petroleum reserves. Malaysia’s reserves stood at 2.7 billion barrels as of ...

Russia’s Arctic oil exports to China are set to rise sharply this month buoyed by a jump in ship-to-ship transfers at sea to ensure tankers pulling into port are not on U.S. sanctions lists, according ...

West Texas Intermediate (WTI) Oil price recovers its daily losses, trading around $62.20 per barrel during Thursday’s Asian hours. However, crude Oil prices face headwinds as investors assess the ...

YUAN CHEN/FOR CHINA DAILY Even as it navigates global ... is leading to significant discoveries across a range of oil and gas fields, he said. This, in turn, helped reduce China's dependence ...

Beijing: China has discovered vast reserves of ‘black gold’ in the South China Sea. CNOOC (China National Offshore Oil Corporation), China’s state-owned energy giant, has announced the ...

China’s offshore oil and gas giant CNOOC Ltd has kicked off production at its Wenchang 9-7 field in the Pearl River Mouth ...