JINAN, March 25 (Xinhua) -- The China Petrochemical Corporation (Sinopec Group), the country's largest oil refiner, has announced the discovery of more than 140 million tonnes of proven shale oil ...

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

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

Sinopec discovered Xinxing and Qintong shale oil fields in eastern China with combined proven reserves of 180 million tonnes.

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

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 ...

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

Scott Sheffield, the retired shale impresario who built a fortune drilling for Permian Basin oil, has grim advice for former rivals as President Donald Trump pushes for “drill baby drill” to ...

Vista Energy's 35% production growth by 2025 and shale efficiency in Argentina's Vaca Muerta basin make it a strong BUY. See ...

The company will be investing in brownfield projects to add 5 billion barrels of oil equivalent reserves, and produce 500,000 ...

Malaysia’s Petronas is evaluating a sale of its shale oil asset in Argentina, a move that would complete its exit from the country’s booming Vaca Muerta fields as several international ...

Upstream spending will drop to 76.7 billion yuan, with a stronger focus on shale and tight oil exploration, while natural gas development in Sichuan and western China accelerates ...