The International Energy Agency (IEA) released its World Energy Report for February on Tuesday, saying global oil markets are generally calm and that supply will outpace demand in the first half of 2023. But with the economy and demand recovering, Russian oil production curtailing and U.S. and Europ

Egypt has launched a new round of international bidding for oil and gas exploration rights in the Nile Delta and the Mediterranean Sea, the state news agency reported on Tuesday.According to the tender announcement, the tender is divided into 12 blocks, evenly divided into two onshore and offshore b

On December 23, oil and gas production in Tarim Fuman Oilfield, the largest ultra-deep oilfield in China, "changed" for the third time in four years. This year, oil and gas production in Tarim Fuman Oilfield exceeded the mark of 3 million tons, reaching 3,090,500 tons, becoming the fastest oil field