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 Oil Pumping Power Breaks All Records
China has boosted domestic crude output from 3.8 million b/d in 2020 to 4.3 million b/d in 2025 — just as foreign investors find themselves locked out of the country’s most active upstream boom in dec ...
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