China Oil Reserves

The Latest

  • CNOOC Discovers 100 Million-Ton Oil Reserve In Kenli 6-1 Oilfield
    China National Offshore Oil Corp
    The newly discovered reserve in the north of the Laizhou area in Bohai Bay is expected to yield more than 100 million tons of crude oil.
  • Massive Reserves In Gangsu Oil Field To Lessen Reliance On Imports
    China Oil Imports
    The discovery of the 1 billion tons of oil from shale oil resources in PetroChina's Qingcheng oil field is expected to help the country lessen its dependence on imports.