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CNOOC wants China to speed up reform of fuel pricing

Chinese operator CNOOC Ltd, a joint venture partner together with ExxonMobil and Hess in the Stabroek Block offshore Guyana, is calling on Beijing to...

CNOOC starts oil production at Weizhou oil field

CNOOC Ltd. (NYSE: CEO) has already commenced production for its Weizhou 12-2 oil field phase II project, the company said on Tuesday. The Weizhou 12-2...

Cnooc looks for Gulf of Mexico oil partners

(Bloomberg) Cnooc Ltd. is searching for partners to develop oil prospects deep into the Gulf of Mexico as the Chinese giant extends its global reach. After...

No final decision yet on second FPSO for Guyana – ExxonMobil

US super-major ExxonMobil says it has not yet made a final decision on a second Floating Production Storage and Offloading (FPSO) vessel for development...

450 million barrels of oil will be produced in Phase-1 Liza...

Approximately 450 million barrels of oil will be produced in the first phase of the Liza oil field development, 120 miles offshore Guyana. The Liza...

ExxonMobil makes final investment decision for Liza phase-1 development

Exxon Mobil Corporation said Friday it has made a final investment decision to proceed with the first phase of development for the Liza field, one...

JUST IN: Guyana to earn 2% royalty from Liza field production;...

Guyana will be earning a 2% royalty on gross earnings from the Liza oil field production. This will come, along with a 50/50 Production Sharing...