shale
Crude Price Up on OPEC Cut, Record China Demand Forecast
| S. Rina | | Jan 14, 2017 03:09 AM EST |
Oil prices are on the upswing following the news of production cuts by major crude exporters including Russia and Saudi Arabia. The demand from China is also projected to be all time high, further fueling the price trend for the commodity.
PetroChina Makes China's Biggest Shale Deposit Discovery
| Camille Harthy | | May 28, 2015 01:28 PM EDT |
A unit of state-owned China National Petroleum Corp. has discovered over 100 million tonnes of oil in north-west China, the biggest shale discovery in the nation to date.
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