CNOOC has discovered a new oil field, Huizhou 19-6, in the South China Sea, estimated to contain over 100 million tons of ...

The discovery of the Huizhou 19-6 offshore oil field highlights the future of oil and gas reserves. Production lies in deep ...

China has confirmed the discovery of two major shale oil fields, one apiece in the Bohai Bay basin and Northern Jiangsu basin, marking a breakthrough in the country’s unconventional oil exploration.

Sinopec discovered Xinxing and Qintong shale oil fields in eastern China with combined proven reserves of 180 million tonnes.

The Huizhou 19-6 field has now been shown to have over 100 million metric tons of oil equivalent of proven in-place volumes.