Exxon Mobil Corp said on Friday it is moving ahead with the next major oil project in the North Atlantic, the $14 billion Hebron development off the Newfoundland coast, boosting its already-large investments in Canadas most oil-rich regions...

Chinese companies have achieved an explosive growth in Britain and trade between the two countries is increasing rapidly, participants of the annual meeting of the China Enterprises Association in Britain (CEAB) held in London agreed on Fri...

CNOOC Limited announce that Panyu 4-2/5-1 Liuhua 4-1 oil fields in the Pearl River Mouth Basin, South China Sea, start production. Panyu 4-2/5-1 oil field has an average water depth of about 100 meters and an adjustment project has been des...

Cambodian Petrochemical Company and Sinomach China Perfect Machinery Industry Corp. jointly announced on Friday a plan to build the first oil refinery in Cambodia and the construction is expected to be completed at the end of 2015, Chinas s...

PetroChina Daqing Oilfield, a subsidiary of PetroChina, produced 40 million tonnes of crude oil in 2012, the China National Petroleum Corporation (CNPC) said. This is the tenth consecutive year for the countrys largest oil field to yield mo...

Crude prices slipped on Thursday as investors started to worry about the upcoming budget talks in the divided U.S. Congress. After a strong start of the year fueled by the last-minute fiscal cliff deal, crude prices retreated on Thursday as...

An Iranian customs official said the Islamic republic exported about 31 billion U.S. dollars worth of non-oil goods during the first nine months of the current Iranian calendar year (starting on March 20), Press TV reported Sunday. During t...

Chinas largest natural gas supplier pledged to increase its output to meet the surging domestic demand amid the current gas crunch caused by the colder winter. The company has asked its major oil and gas fields to operate at full capacity a...

By a News Reporter-Staff News Editor at Energy Weekly News -- Research findings on Fuel Research are discussed in a new report. According to news originating from Hangzhou, Peoples Republic of China, by VerticalNews correspondents, research...

Sino Gas Energy (ASX:SEH) will raise A$10.1 million via an institutional placement after securing binding and irrevocable commitment letters from two institutional investors. As part of the raising, Sino Gas will place 82,448,979 new fully...