Executives also have raised their cost estimate for the LNG plant’s ongoing construction by about $2 billion and issued 2025 ...

For full-year 2024, the company cited a ‘deteriorating pricing environment combined with lower volume earlier in the year’ for the year-over-year declines in profitability.

CNOOC discovered gas at the Weizhou 10-5 oil and gas field in Beibu Gulf basin in the central part of the Bohai Sea at 30 m average water depth.

South Bow Corp., Calgary, provided updates on pipeline projects and noted uncertainties surrounding tariffs and ...

The acquisition includes four oil fields in the Espírito Santo basin (including Lagoa Parda Cluster) plus two exploration blocks adjacent to ‘major’ producers, the company ...