China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...

China's crude oil imports will likely rise only 1% this year, and the country's reliance on oil imports is projected to remain at around 70% between 2026 and 2030, according to an outlook released by ...

Megaproject aims for ‘original, landmark and leading-edge scientific breakthroughs as soon as possible’, according to state ...

The world's second-largest refining industry is estimated to import 559 million metric tons of crude oil this year, CNPC's Economics and Technology Research Institute (ETRI) said on Tuesday ...