China’s oil output has risen despite lower prices. PetroChina lifted output ~21% since 2020; CNOOC grew production ~45% since 2021 and Sinopec halted a production decline. Aging fields are being ...
In a BMI report sent to Rigzone by the Fitch Group recently, analysts at BMI, a Fitch Solutions company, said China's outlook for shale oil production is improving. Image by zhengzaishuru via iStock ...
China's subsea pipeline network has expanded to 10,000 kilometers, a key achievement in the nation's strategy to increase domestic oil and gas production and lessen its dependence on energy imports.