(Bloomberg) – China’s Cnooc Ltd. said it’ll keep spending flat in 2025, while revising its output targets lower. The country’s biggest offshore oil and gas explorer produced about 720 million barrels of oil equivalent in 2024, according to statement.
Equatorial Guinea to launch 2026 upstream licensing round
Equatorial Guinea will launch its EG Ronda 2026 licensing round later this month. The licensing...