The breakthrough for China came after drilling was done to a total depth of about 15,879 feet (4,840 meters) in the Beibu ...

Oil prices rose more than 1% on Tuesday to their highest levels since the beginning of the month, supported by instability in the Middle East and China's plans for more economic stimulus. Brent ...

Sinopec Corp said on Monday the Chinese government has certified about 180 million metric tons, or about 1.3 billion barrels, of new geological reserves at two of its shale oil plays.

Chinese state oil companies are shying away from Russian oil this month, with two importers halting purchases while two ...

Sinopec has certified 1.3 billion barrels of new shale oil reserves in eastern China, despite the challenges of deep ...

The Weizhou 10-5 oil and gas field is located in the Beibu Gulf of the South China Sea, with an average water depth of about 37 meters. An exploration well with a depth of 4,840 meters was drilled ...

China National Offshore Oil Corporation operates an offshore drilling rig in an oil field in the Bohai Sea. CHINA DAILY In a ...

A mix of oil and water flowing from the Kern River Oil Field caused a car to lose control and spin out Tuesday night on eastbound China Grade Loop, the Kern County Fire Department reported. No one was ...

Plan prioritises boosting crude oil and natural gas output, expanding reserves and accelerating shale oil development at key ...

China announced tariffs on some Canadian agricultural and food products on Saturday in response to Canada placing import ...

Canada last year imposed a 100 per cent levy on electric cars and 25 per cent on steel and aluminum from China. That led the Chinese government to launch an anti-dumping probe into rapeseed imports ...