China’s Daqing Oilfield, a subsidiary of the China National Petroleum Corporation, announced Wednesday the discovery of a major shale oil field with predicted geological reserves of about 1.27 billion tonnes.

China’s Daqing Oilfield, a subsidiary of the China National Petroleum Corporation, announced Wednesday the discovery of a major shale oil field with predicted geological reserves of about 1.27 billion tonnes.
Russian crude oil exports by sea have dropped by 11% from a recent high in …