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  2. Jun 6, 2024 · CNOOC Ltd has achieved a major exploration breakthrough in an ultra-shallow gas play in ultra-deep water South China Sea, the state-owned oil and gas firm said on Thursday.

  3. 23 hours ago · July 2, 2024. China caters to around three-quarters of its oil needs through imports. Credit: FOTOGRIN/Shutterstock. China is establishing a new state entity, comprising national oil producers and other state companies, to focus on the exploration of ultra-deep oil and gas reserves, reported Reuters, citing China National Petroleum Corporation ...

  4. 1 day ago · China National Petroleum Corp. Follow. SINGAPORE, July 1 (Reuters) - China is setting up a new entity that groups national oil producers and other state firms to search for ultra-deep oil and gas ...

  5. Jun 17, 2024 · The outlook for China's oil industry is important for global energy balances, for its national security and for the fortunes of its major state oil companies, Sinopec, the China National Offshore Oil Corporation (CNOOC) and the big cheese, the China National Petroleum Corporation (CNPC).

    • Robin Mills
  6. 23 hours ago · Xinhua 2nd July 2024, 19:15 GMT+10. BEIJING, July 2 (Xinhua) -- The development project for an offshore oilfield cluster began operations on Monday in Beibu Gulf, south China, according to the China National Offshore Oil Corporation. This is also China's first comprehensive green-designed offshore oil field, demonstrating the importance of low ...

  7. Jun 23, 2024 · China's investment in offshore oil and gas exploration is expected to continue rising, with more than half of this year's domestic oil increment likely to have come from offshore, according to a recent report released by China National Offshore Oil Corp.

  8. Jun 25, 2024 · Oil and gas production of China National Offshore Oil Corp reached a historical high last year and has further ensured domestic energy security, the company said on Thursday during a press conference in Beijing.

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