BEIJING (Reuters) – The China National Offshore Oil Corporation (CNOOC) has discovered an oilfield in the South China Sea with proven reserves exceeding 100 million tonnes, Xinhua news agency reported on Monday. The newly found Huizhou 19-6 oilfield is not in a disputed part of the South China Sea and lies within China’s Exclusive Economic…
Russian President Vladimir Putin has agreed to help mediate talks between the Trump Administration and Iran on issues including the Islamic Republic’s nuclear program and its support for proxies in the Middle East, anonymous sources in Moscow with knowledge of the development told Bloomberg on Tuesday. U.S. President Donald Trump raised the American request for…
Chinese state-held oil and gas giant CNOOC is keeping its capital expenditure flat this year compared to 2024 as it lowered its oil and gas production growth target, although it still expects annual output records going forward. CNOOC, which specializes in offshore oil and gas developments in China and internationally, said on Wednesday that its…
CLPe Holdings, a subsidiary of Hong Kong-based electricity company CLP, and state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) have signed a cooperation framework agreement to form a joint venture (JV) for providing LNG bunkering services in the port of Hong Kong. Under the agreement, the JV will sell and supply LNG as…