China, oil production

Chinese state-owned oil and gas giant CNOOC Ltd has discovered a new reserve in the South China Sea containing over 100 million tons of oil equivalent proved in-place, the company said in a statement...

In November, China increased oil production to 17.2 million tons, by 2.5%  compared to the same month last year, the State Statistical Office. In 11 months, production amounted to 191.25 million tons,...