China National Petroleum Corp. (CNPC)

CNPC said it aims to produce 1 million tonnes of oil annually by 2025 from the Gulong shale oil formations at Daqing in northeast…

Proven geological reserves are estimated at more than 1 billion tonnes shale oil, Xinhua reported June 20.

Brazil’s state-controlled oil producer Petroleo Brasileiro SA confirmed the presence of high quality oil on Dec. 22 after drilling a…

The agreement will enable co-manufacture of wireline downhole technology,

The letter addresses concerns that the COVID-19 crisis may push oil and gas companies and governments around the world to delay action…