China National Offshore Oil Corporation

Global oil, gas discoveries reach four-year high in 2019

Global oil and gas discoveries in 2019 of 12.2 billion barrels of oil equivalent (boe) represents the highest volumes since 2015, according to Rystad Energy's data on Jan. 9.

Headquartered in Norway, Rystad Energy is an independent energy research and business intelligence company providing data, tools, analytics and consultancy services to the global energy industry.

Asia energy firms sink with oil as Doha output talks fail

Oil prices plunged in Asia on April 18, pushing energy firms and regional stock markets lower after the collapse of talks among the world's top oil producers intended to ease a global supply glut.

Hopes that the talks in Doha on Sunday would result in an output cap helped the black gold climb to 2016 highs last week, having approached 13-year lows just months ago.