China discovers 900m-tonne oil and gas field in Xinjiang According to reports The Fuman Oilfield, where the super-deep well is situated, is the main block…
Tag: China Oilfield
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…
China Holds the cards on Oil Prices
Should China decide to defy the latest U.S. tariff threat by ramping up imports of Iranian crude oil in open defiance to the U.S. sanctions…
More Countries are turning to China for Help
Libya NOC representatives traveled to China today to discuss China’s interest in helping to restore Libya’s oil industry that has suffered through years of civil…
China’s new refineries spur demand – Crude oil imports are up
A new plant owned by Hengli Petrochemical (600346.SS), capable of processing 400,000 barrels per day (bpd) of crude, reached full operations in late May, while…