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

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 ...

ZIBO, China, April 1, 2025 /PRNewswire/ — China Petroleum & Chemical Corporation‘s (HKG: 0386, “Sinopec” or “the Company”) announced the discovery of over 140 million tonnes of proven geological ...

In January, the Ministry of Natural Resources issued specifications for estimating oil reserves in shale formations, marking a new stage of normalization and standardization in China's shale oil ...

Increasing production to drive prices lower may be good for inflation data, but oil and gas companies must operate above ...

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