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OPEC+ to begin phased increase of crude oil production from April 2025
31 Mar 2025 01:08 GMT
… to gradually unwind their voluntary crude oil production cuts starting in April … bearish signal for oil prices. Brent crude, the global benchmark, has declined … combination of sluggish demand in China and rising output from non …
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China discovers major new oilfield off Shenzhen: Xinhua
31 Mar 2025 04:59 GMT
BEIJING: The China National Offshore Oil Corporation (CNOOC) … ) from Shenzhen in south China';s Guangdong Province. Test … production of 413 barrels of crude oil and 68,000 cubic meters … Administration says the South China Sea is mostly underexplored because …
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China’s CNOOC discovers 100 million tonnes of oil in offshore drilling breakthrough
31 Mar 2025 04:58 GMT
… an oilfield in the South China Sea with proven reserves … .
Huizhou 19-6 is China’s first large-scale integrated … improve its energy security, but crude oil imports are likely to peak … exploration in the eastern South China Sea has experienced successive …
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China's CNOOC discovers 100 million-ton oilfield in South China Sea, Xinhua says
31 Mar 2025 02:04 GMT
… Generate Key Takeaways
BEIJING (Reuters) - The China National Offshore … of crude oil and 68,000 cubic metres of natural gas.
China … exerted at these depths.
China wants to reduce its import … energy security, but its crude oil imports are expected to peak …
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Xinhua reports that China's CNOOC has discovered a 100 million-ton oilfield on the South China Sea.
31 Mar 2025 02:56 GMT
… reported Monday that the China National Offshore Oil Corporation … contested. It lies within China’s Exclusive Economic Zone … stated that Huizhou is China';s largest integrated … energy security. However, its crude oil imports will peak next year …
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China Discovers 100 Mln Ton Oilfield In South China Sea
31 Mar 2025 02:48 GMT
BEIJING, March 31 (Reuters) – China National Offshore Oil Corporation has … oilfield in the eastern South China Sea with proven reserves … tonnes, a report in China’s official Xinhua news agency … production of 413 barrels of crude oil and 68,000 cubic metres …
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China Shares May Take Further Damage On Monday
31 Mar 2025 01:24 GMT
… or 0.1 percent. The Shanghai Composite Index now sits just … , PetroChina declined 1.22 percent, China Petroleum and Chemical (Sinopec) skidded … . sanctions on Iran and Venezuela. West Texas Intermediate Crude oil futures for May settled at …
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China's CNOOC discovers 100 million-ton oilfield in South China Sea
31 Mar 2025 01:14 GMT
… barrels of crude oil and 68,000 cubic metres of natural gas. China International … Fair for Trade in Services (CIFTIS) in Beijing Huizhou 19 … -6 is China';s first large …
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Ukraine war briefing: Trump sanctions threat on Russian oil buyers could hit China, India
31 Mar 2025 01:09 GMT
… president.
Some countries, including China and India, are not … sanctions against Russia, China has been wary about … attracts secondary penalties. Some Chinese banks, for example, have … China to become the biggest buyer of seaborne Russian crude oil, …
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China discovers massive oilfield in South China Sea
31 Mar 2025 01:02 GMT
… production of 413 barrels of crude oil and 68,000 cubic meters … Brunei. China conducts military patrol in South China Sea
On Friday, the Chinese military … in the South China Sea. The Philippine embassy in Beijing did not immediately …