CNOOC: Offshore to drive growth of oil and gas

Growth in the oil and gas sector will come mostly from offshore in China, which is expected to become an important energy growth driver

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South America’s oil giant and upcoming star looking to forge strategic partnership

South American oil giant, Brazil, and Guyana, the world’s hottest exploration hotspot with an incredible string of discoveries in the Stabroek Block, are poised to deepen their bilateral relations

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CNOOC crude output soars at Bohai Oilfield

China's largest oilfield, located in Bohai Bay, has produced more than 30 million tons of crude oil in 2021, contributing to half of the country's

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Petrobras unveils 2030 recovery strategy

RIO DE JANEIRO, January 7, 2022 – Petrobras has launched an initiative to unlock 20 billion boe in its operated fields by 2030, Brazil’s state-owned E&P company announced on Tuesday

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Hydrogen to play bigger role in green transition

Hydrogen is expected to play a much larger role in China's decarbonization, especially in industries like steelmaking and aviation, where there are few clean energy alternatives, analysts said

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Huadian Heavy Charters Mega Jack-Up Capable of Installing 20 MW Offshore Wind Turbines

One of China’s largest offshore wind EPCI contractors, Huadian Heavy Industries (HHI), has signed a charter agreement for a jack-up vessel that will be able to install wind turbines of up to 20 MW

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Oil firms predict rising output, but warn of higher costs - Fed survey

Dec 29 (Reuters) - U.S. oil and gas executives are predicting higher production and drilling activity next year as oil prices climb, but say they face sharply higher costs, according to a poll released on Wednesday

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Russia's Nord Stream 2 pipeline ready to pump gas to Europe

MOSCOW - Russia's Nord Stream 2 natural gas pipeline is ready for operation amid an energy crunch in Europe, Alexei Miller, the CEO of Russia's gas

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Greener, stabler power supply highlighted in 2022 road map

China will push forward its green and low-carbon transition while stepping up domestic oil and gas production and diversifying sources

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SOEs' LNG storage tanks boost nation's green goals

In recent years, China's State-owned enterprises, or SOEs, have been stepping up construction of storage facilities for liquefied natural

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