12182018Tue
Last updateMon, 17 Dec 2018 8pm

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End-User News

China Boosting Shale Oil, Gas Production

“China’s biggest energy producers are tapping more tight oil and gas wells, aiming to increase domestic oil and natural gas production at the world’s largest crude oil importer and what will soon be the world’s top natural gas importer,” Oilprice.com  reports.

“As part of a government push to boost domestic energy supply, China National Petroleum Corporation (CNPC) and Sinopec are raising investments to increase local oil and gas production and are accelerating drilling at tight oil and gas formations in western China, the companies have recently announced.” 

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