China's refineries processed the most oil in a year in March, but the volume of crude being added to inventories still rose ...

Saudi Arabia-headquartered investment firm The Arab Energy Fund has agreed to provide a $100 million private loan to Chinese ...

The China National Offshore Oil Corporation has discovered an oilfield with over 100 million tons of proven reserves adding to similar recent finds. “This discovery has confirmed the largest ...

In recent years, China has pushed the limits of ultra-deep exploration with new technology uncovering massive oil and gas fields – fueling their increasing energy demands while raising ...

Oil production in the world’s largest importer of the commodity hit an all-time high of 4.6 million barrels daily.

making the identification of large oil and gas fields more difficult, reported Xinhua. "China's offshore oil extraction technology has not been under development for very long. While shallow-water ...

China reduces US oil imports by 90%, turns to Canadian crude amid trade tensions. US-China conflict has potential to shift ...

Beijing: China has discovered vast reserves of ‘black gold’ in the South China Sea. CNOOC (China National Offshore Oil Corporation), China’s state-owned energy giant, has announced the ...

Russia is boosting its crude oil exports, with shipments to China and India rebounding as ... s oil from the Arctic and Far East Pacific fields and production clusters to Asia have now been ...

YUAN CHEN/FOR CHINA DAILY Even as it navigates global ... is leading to significant discoveries across a range of oil and gas fields, he said. This, in turn, helped reduce China's dependence ...

China and India are taking in more ... and shuttle tankers transporting Russia’s oil from the Arctic and Far East Pacific fields and production clusters to Asia have now been sanctioned.