China's CNOOC has discovered a high-yield oil and gas well in ultra-deep volcanic formations in the Bohai Sea, with testing showing natural gas flow of approximately 800,000 cubic meters (28 million cubic feet) per day.The well, located in central Bohai near the Bozhong Sag, encountered more than 120 metres of cumulative gas pay in volcanic formations and was completed at a depth of 5
Vietnam-Russia joint venture Vietsovpetro has started commercial oil production from the BK-26 platform at the Bach Ho field in Block 09-1, bringing the facility online 36 days ahead of schedule.
A fire that broke out on a platform at Iran's South Pars gas field, the world's largest offshore natural gas field, was contained on Tuesday, the semi-official Fars news agency reported
Oil prices edged up on Friday but were headed for a second weekly decline as the continued US focus on its blockade and economic pressure on Iran eased fears of renewed fighting in the Middle East
Japan's biggest oil and gas explorer Inpex 1605.T on Thursday lifted its 2026 net profit forecast by 7.8% to a record 550 billion yen ($3.
The Maritime and Port Authority of Singapore (MPA) has opened applications for licenses to operate up to two liquefied natural gas (LNG) floating storage units (FSUs) in Singapore anchorages
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