The Provisional Measures Zone (PMZ) was established by a 2001 agreement between China and South Korea to allow joint fishing in the area where their exclusive economic zones overlap. Other activities, ...

Stavanger, Norway-headquartered Vår Energi and its partners Equinor and Petoro report a commercial oil discovery in the ...

Equinor has made an oil discovery on its Johan Castberg oilfield in the Arctic Barents Sea, the company and the Norwegian ...

The development, boosted by MI Holding's 2016 investment, aims to tap into an estimated maximum 74 million barrels of oil ...

The escalating tensions between Israel and Iran showed how war can disrupt oil supply chains, destabilize global energy ...

Driven by concerns about China’s growing power and assertiveness, both nations are playing a more active role in disputed ...

Japan said China is building a 20th structure in a disputed, energy-rich area and called for a return to negotiations.

China National Offshore Oil Corporation (CNOOC) has fully launched the second phase of its Deep-Sea No. 1 natural gas project ...

BEIJING -- China National Offshore Oil Corporation (CNOOC) announced Wednesday the full operation of the second phase of its ...

China National Offshore Oil Corp (CNOOC) announced that its Deep Sea No.1 Phase II project in the South China Sea has entered ...