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China oil output growth to slow in 2024 as supply harder to extract | Hellenic Shipping News Worldwide

China oil output growth to slow in 2024 as supply harder to extract | Hellenic Shipping News Worldwide
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China oil output growth to slow in 2024 as supply harder to extract

China s surging oil production growth in recent years, the result of a concerted investment push, is expected to ease in 2024 as falling output from mature fields requires state oil companies to tap.

China oil output growth to slow in 2024 as supply harder to extract

China s surging oil production growth in recent years, the result of a concerted investment push, is expected to ease in 2024 as falling output from mature fields requires state oil companies to tap.

PetroChina s Gulong shale project may bolster China s oil output

PetroChina will be spending billions of dollars to accelerate drilling of rare shale formations in northeast China that could be pivotal to sustaining oil output in the world's largest consumer.

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