Season beef Chuck Roast cubes with salt and black pepper to taste. Heat oil in a large stockpot over high heat. Sear cubes until brown, about 5 to 6 minutes. Remove cubes from pan and set aside. Turn ...

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

Global commodities trader Vitol is exploring a sale of its VTX Energy Partners business, in a deal that could value the U.S.

China has confirmed the discovery of two major shale oil fields, one apiece in the Bohai Bay basin and Northern Jiangsu basin, marking a breakthrough in the country’s unconventional oil exploration.

The Shengli Oilfield, under China Petrochemical Corp (Sinopec Group), the country's largest oil refiner, said its Jiyang shale gas oilfield has officially passed a review and documentation process ...

The new shale oil reserves have been found at the Xinxing field in the Jiyang trough of the Bohai Bay basin and the Qintong field in the Subei basin, China Petroleum & Chemical Corporation ...

The Jiyang Shale Oil Field has officially received certification from the Ministry of Natural Resources for its proven ...

Last year the state oil giant produced 705,000 tons, or 5.15 million barrels of shale oil. Following a call from the central government to boost domestic energy security, China's national oil ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. U.S. shale producers could increase production even if oil prices fell ...