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 find themselves locked out of the country’s most active upstream boom in dec ...
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, ...