Energy security remains a top priority for China as it seeks to reduce dependence on foreign oil. The discovery of two massive shale oil reserves marks a significant step in this effort, potentially ...

The breakthrough for China came after drilling was done to a total depth of about 15,879 feet (4,840 meters) in the Beibu ...

Sinopec Corp said on Monday the Chinese government has certified about 180 million metric tons, or about 1.3 billion barrels, of new geological reserves at two of its shale oil plays.

The state-backed company has now announced six upstream start-ups in Chinese waters this year: 3 in the South China Sea and 3 ...

The crucial discovery comes at a time when the US and China are standing at the brink of a full-blown trade war, after US President imposed an additional 10% tariff on Chinese goods.

China National Offshore Oil Corporation operates an offshore drilling rig in an oil field in the Bohai Sea. CHINA DAILY In a ...

The fossil fuel industry has been a centerpiece of the Republican agenda for most of the modern era, but with the world moving faster than ever toward clean energy, no amount of U.S. strong-arming may ...

The Caofeidian 6-4 and Wenchang 19-1 phase II oilfield projects are part of CNOOC Ltd's drive to grow output and cut ...

China announced tariffs on some Canadian agricultural and food products on Saturday in response to Canada placing import ...

Canada last year imposed a 100 per cent levy on electric cars and 25 per cent on steel and aluminum from China. That led the Chinese government to launch an anti-dumping probe into rapeseed imports ...