China has launched a new ultradeep drilling campaign, aiming to unlock oil and gas resources from depths exceeding 8,000 ...
China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...
China is the world's second-largest crude consumer ... Baker Hughes reported Friday that active US oil rigs in the week ending November 15 fell -1 rig to 478 rigs, just above the 2-3/4 year ...
Megaproject aims for ‘original, landmark and leading-edge scientific breakthroughs as soon as possible’, according to state media.
China’s state-run refiners are expected to resell US oil cargoes and seek alternative supplies in the aftermath of Beijing’s ...
Beijing claims 90 percent of the sea as its exclusive economic zone. China has repeatedly moved oil rigs into disputed areas, dredged and occupied parts of the disputed Paracel Islands ...
During a press conference with Martin Dempsey and Fang Fenghui, South China Sea issues dominated the discussion.
Private oil processors in China have slashed their operating rates to levels last seen at the beginning of the pandemic, as U.S. sanctions on Russia cut a key source of crude supply.
These active drilling rigs include 481 oil rigs operating in the U.S. oil ... Exporting Countries in the past years. Enditem Follow China.org.cn on Twitter and Facebook to join the conversation.