The new shale oil reserves have been found at the Xinxing ... but extracting them is a challenge, unlike in the United States, due to the complex geology of the local shale formations.

Activity in the US oil and gas sector rose slightly in the first quarter, although President Donald Trump's tariffs are a ...

Sinopec discovered Xinxing and Qintong shale oil fields in eastern China with combined proven reserves of 180 million tonnes.

In a major boost for China amidst the ongoing tariff war with the United States, Beijing has discovered large reserves of shale oil two separate regions of the country. According to details ...

The new reserves were tapped at the Xinxing field in the Jiyang trough of the Bohai Bay basin and the Qintong field in the Subei basin, Sinopec said in a statement. Sign up here. Xinxing's shale ...