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China's Changqing Oilfield output rises 3% in H1

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China's Changqing Oilfield output rises 3% in H1

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Natural Gas News
China's Changqing Oilfield output rises 3% in H1

Summary

The field is located in the country's northern Ordos basin and supplies oil and gas to cities including Beijing, Tianjin and Hebei. by: Shardul Sharma

Changqing Oilfield, China's largest oil and...

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Natural Gas & LNG News, Asia/Oceania, Security of Supply, Corporate, News By Country, China

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Related Knowledge Center: ENERGY BASICS: petroleum

State of Play

While electric-powered vehicles may be the ride of the future, oil remains at least for now the dominant fuel for transportation around the world. And after a period of time at the end of the 20th century when oil was subject to wide fluctuations in price, new supplies in North America as a result of non-conventional recovery techniques have helped stabilize prices.

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