According to China National Petroleum Corporation (CNPC), the proven reserves at Qingcheng oilfield in the Ordos basin stand at 358 million tons, while its estimated…
Tag: China Oil and Gas
China has begun imposing new tariffs to crude oil from the U.S
China has begun imposing new tariffs to crude oil from the U.S. In the continued escalation to Trump’s trade war, China also filed a complaint…
Next Level Fracking? or A Bridge Too Far?
China has a radical idiea to extract its enormous gas reserves. A team of nuclear weapons scientists led by Professor Zhang Yongming from the State…