The impact of the petroleum industry has been increasing globally as the People's Republic of China ranks seventh for oil production and second in crude oil consumption in the world. [1][2] China became the world's largest oil importer in 2013. [2]

Crude Oil Production in China averaged 3104.52 BBL/D/1K from 1973 until 2024, reaching an all time high of 4408.00 BBL/D/1K in June of 2015 and a record low of 1012.00 BBL/D/1K in February of 1973. source: U.S. Energy Information Administration.

Jun 1, 2018 · China Crude Oil: Production was reported at 4,181.323 Barrel/Day th in Dec 2023. This records an increase from the previous number of 4,093.860 Barrel/Day th for Dec 2022.

Oct 25, 2024 · China oil production, 1965-2023 rnillion tonnes per year 800 700 600 500 400 300 200 100 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 @JKempEnergy Source: Statistical Review of World Energy (Energy Institute forlnerly BP) China oil production, consumption and net imports, 1965-2023

Jul 12, 2024 · Today, China has the second-largest oil refinery throughput worldwide and is on track to succeed the United States within the next few years. Discover all statistics and data on Oil industry in...

Dec 20, 2023 · China's surging oil production growth in recent years, the result of a concerted investment push, is expected to ease in 2024 as falling output from mature fields requires state oil...

Jan 23, 2025 · China aims to maintain crude production in 2025 little changed from 2024, with output expected to come in above 200 million tons. In 2024, China's total oil and gas output exceeded 400 million...

Jan 11, 2024 · China achieved record-breaking levels of crude oil and natural gas production in 2023, with a remarkable surge in unconventional gas output leading the way.

BEIJING, Jan. 28 -- China's crude oil and natural gas output exceeded 400 million tonnes of oil equivalent for the first time in 2024, according to the National Energy Administration. ... Crude oil production reached 213 million tonnes in 2024, an increase of 24 million tonnes from 2018, while natural gas production reached 246.4 billion cubic ...

China's combined oil and gas production hit a record high of more than 390 million mt of oil equivalent in 2023, representing an average annual growth rate of 11.7 million mt of oil equivalent, the National Energy Administration said in a statement released late Jan. 9.