Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

On Monday, Biden used Section 12(a) of the Outer Continental Self Lands Act to withdraw about 625 million acres of the ocean from land available for oil and gas extraction. The ban does not impact ...

On the night of Dec. 15, 2024, two Russian oil tankers, Volgoneft-212 and Volgoneft-239, sank in the Kerch Strait, a narrow ...

A carbon removal startup backed by some of the world’s largest energy producers began operating a seawater-filtering facility Thursday designed to remove up to 1,000 metric tons of carbon dioxide per ...

Fracking breaks up rock formations to allow oil and gas extraction. But it can also pollute local air ... Oil companies have also fracked offshore wells hundreds of times in the ocean near ...

Some Palworld players are experiencing issues with crude oil extractors after a recent update. The update aimed to increase extractor efficiency but some players report no improvement. To resolve ...

Another order signed earlier in the day reversed executive actions taken by former President Joe Biden during his presidency, removing restrictions on oil development in the Arctic Ocean and ...