China's Oil Output Hits Record High
The energy regulator said mature fields are depleting and new projects face higher costs and long lead times.
10 Articles
10 Articles
China has boosted its domestic energy supply by setting new records in oil and gas production. However, rapid demand growth has left Beijing still dependent on imports to meet its energy needs.
China's Oil Output Hits Record High
China produced a record amount of crude oil last year, at 216 million tons, with natural gas production also rising substantially, the National Energy Administration reported today. Together, the oil and gas output of China in terms of oil equivalent rose to 420 million tons—a record high. Natural gas alone rose by 10 billion cubic meters last year. The annual growth rate was unchanged for the ninth year in a row, the NEA said. Chinese oil and g…
China's total oil and gas production reached 420 million tons of oil equivalent in 2025, setting a new record, according to data from a report released on ... More
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