China National Offshore Oil Corporation announced Sunday that the secondary development project of the Liuhua Oilfield, the country's first deepwater oilfield, has fully commenced operation. The ...
During the 14th Five-Year Plan period (2021-25), China has cumulatively added 105 million tons of new crude oil production ...
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 ...
Daqing Oilfield, one of China's largest energy production bases, announced on Friday that its Gulong shale oil block in northeast China has surpassed one million tonnes in annual output this year, ...
China’s exports of soybean oil to India have risen sharply as weak domestic demand coincides with robust imports of soybeans from South America and more recently the U.S, reports Bloomberg. China ...
The World’s July oil production increased by 428 kb/d to 84,726 kb/d, a new World Peak Oil All-Time High. For December 2026, production is projected to be 85,665 b/d, an upward revision of 135 kb/d ...
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 ...
Eight members of the oil cartel agreed on Sunday to a small increase but said they would now pause in adding more oil, reflecting market concerns about an oversupply. By Stanley Reed Stanley Reed, who ...
US President Donald Trump’s attempts to financially choke Moscow’s Ukraine war machine by imposing sanctions on Russian oil firms sent immediate ripples through offices in India and China. Some oil ...
The US has imposed sanctions on Russia's Rosneft and LUKoil, disrupting global energy markets and causing China's state oil giants to pause Russian oil imports. China, a major buyer of Russian oil, ...
New U.S. sanctions threaten Russian oil exports. China—one of the biggest buyers of cut-price crude from Russia—has already spent months building up supplies, shielding it from potential disruption.