China’s Decline in Oil Production Echoes Globally WSJ
BEIJING—China’s struggling oil sector has entered a challenging new phase: long-term decline of its production. Oil production in China likely peaked last year at around 4.3 million
China’s struggling oil sector has entered a challenging new phase: long-term decline of its production. Oil production in China likely peaked last year at around 4.3 million barrels a day, according to new data and interviews with industry executives.
China’s Decline in Oil Production Echoes Globally : collapse
Discussion regarding the potential collapse of global civilization, defined as a significant decrease in human population and/or...
As China’s largest inland oilfield, Daqing has produced more than 2.1 billion tonnes of crude oil since production started in 1960. It produced slightly more than 40 million tonnes of crude oil in 2013, marking the 11th consecutive year in which the crude oil output of Daqing exceeded 40 million tonnes.
Why Declining Chinese Oil Production Is Good for WSJ
China’s role as a big oil consumer has become a crucial factor in energy markets in recent years. Now, its role as a major producer is gaining attention as well. China is among the world’s top
China’s three biggest oil fields experienced production declines of between 7-9% in the first half, according to Energy Aspects. That far outpaced China’s production decline as a whole.
China’s Oil Output Set for Long-Term Slump WSJ
BEIJING—China’s oil production has entered a long-term decline, the government acknowledged Tuesday, signaling that the country will become increasingly dependent on imports. In releasing its
U.S. oil production peaked in the early 1970s and has been on a more or less steady decline ever since. Or at least, that was the case until five
Pemex Seeks to Reverse 15-Year Decline in Oil Output WSJ
Mexican state oil company Petróleos Mexicanos plans to ramp up investment with tax breaks and government support over the next three years to raise oil production that has been declining for the
ALGIERS—U.S. shale oil production will peak by the late 2024s, triggering renewed demand for OPEC crude after an expected decline and stagnation, the oil cartel said Sunday. In its latest