The Shengli oilfield employs automated drilling equipment that enhances extraction efficiency. Innovations in horizontal well ...

The China Petrochemical Corporation, the country's largest oil refiner, has announced the discovery of more than 140 million ...

has announced the discovery of more than 140 million tonnes of proven shale oil reserve in east China's Shandong Province. This is the first shale oilfield with proven reserves exceeding 100 million ...

After decades of growth, Chinese demand for transport fuels is peaking as electric vehicles and LNG-powered trucks are ...

Global Unconventional Oil Market is valued approximately at USD 354.9 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 4.2% over the forecast period 2024-2032. Read ...

For the first time, the reserves were assessed using China's self-developed industry standards for shale oil reserves, according to Xinhua. The finds are the latest fruits of China's push to ...

The Shengli Oilfield, under China Petrochemical Corp (Sinopec Group), the country's largest oil refiner, said its Jiyang ...

Over 140 million tonnes of proven geological reserves of shale oil were discovered with technically recoverable reserves of 11.3599 million tonnes, Sinopec said.

China Petroleum & Chemical Corporation's (HKG: 0386, "Sinopec" or "the Company") announced the discovery of over 140 million ...

Beijing: Sinopec, China's largest oil refiner, has announced the discovery of two major shale oilfields in the east of the ...