An employee of CNPC checks a gas facility in Tianjin. [PHOTO/XINHUA] China National Petroleum Corp said on Monday that its oil and gas production equivalent has hit a record high in 2022, a result of its consistent efforts in oil and gas exploration and development in...
view more >Heat waves have increased in intensity, frequency and duration in China, with power consumption in several localities hitting record highs time and again. In the meantime, parts of central and southwest China have been hit by a drought. Reduced rainfall in the area has ...
view more >CHONGQING -- The Fuling shale gas field in Southwest China's Chongqing municipality saw a significant increase in natural gas output in the first three quarters of 2022, according to the field's developer Sinopec, China's largest oil refiner. During the period, the fi...
view more >The Russia-Ukraine conflict has been a black swan event for most investors. So far, it has brought huge shocks to the global financial market. Generally speaking, the outbreak of unexpected events such as wars usually boosts risk aversion among investors in financial ma...
view more >A gas station of PetroChina Co Ltd in Beijing. Boosted by an increase of oil and gas output and higher energy prices, China's two major oil companies saw their combined net profit exceed 150 billion yuan ($21.89 billion) during the first six months this year, a figur...
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