China discovers major new oilfield off Shenzhen
Photo used for representation purpose only. | Photo Credit: Getty Image/iStockPhoto The China National Offshore Oil Corporation (CNOOC) has discovered a major oilfield in the eastern South China Sea, state news agency Xinhua reported on Monday (March 31, 2025), with proven reserves exceeding 100 million tonnes. Xinhua said the Huizhou 19-6 oilfield was about 170 … Read more