The China National Offshore Oil Corporation (CNOOC) announced Wednesday that it had discovered a field in the Bohai Sea with estimated crude oil and natural gas reserves exceeding 100 million tonnes of oil equivalent.

The annual output of the Sulige gas field, owned by China's major oil and gas producer PetroChina, reached a domestic record of 30.04 billion cubic meters as of Monday, according to PetroChina's Changqing Oilfield.

The Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, on Sunday agreed to stick to its oil output target against the backdrop of sliding crude prices and an imminent Western countries' price cap on Russian oil.

Stake in Buzios oilfield doubles to 10%, promising energy supply for China

CNOOC Petroleum Brasil has doubled its stake in the Buzios oilfield in Brazil to 10 percent from 5 percent, its parent China National Offshore Oil Corp announced on Thursday.

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