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 ...
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China’s $468B energy push rattles global oil markets
China’s energy firms have reportedly spent around $468 billion on oil exploration and production since 2019. The amount is 25% higher than E&P spending in the last six months. Bloomberg reported that ...
Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. Chinese state energy companies have invested approximately $468 billion in exploration and ...
China’s leading marine lubricant suppliers are embracing onboard oil testing technology. The adoption of portable lube-oil ...
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China Is Filling Up Its Oil Reserves Fast
China has spent months building up its oil reserves. That might come in handy in the wake of the new sanctions the U.S. recently imposed on Russian crude. During the first nine months of the year, the ...
SINGAPORE, Sept 8 (Reuters) - China's stockpiling of oil, which has helped soak up excess global crude production this year, is likely to continue at a similar rate in 2026, the chief strategist for ...
Dhanghai, China - DuPont held a groundbreaking ceremony for its new MOLYKOTE® specialty lubricants manufacturing plant in the ...
Moscow and Beijing have been discussing ways to expand Russian oil exports to China, Russian Deputy Prime Minister Alexander ...
BEIJING—China’s thirst for oil drove global demand for decades. Now a government campaign to curb that addiction is nearing a milestone, with national consumption expected to peak by 2027, then begin ...
Some terminal operators at China’s Qingdao Port, which handles around one-sixth of the country’s crude intake, will impose new restrictions on old tankers — a move widely seen as targeting vessels ...
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