Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
6,440.81
(
1.53%
)
US TECH 100
22,642.80
(
1.40%
)
Dow Jones
45,787.31
(
1.26%
)
Brent Oil
106.69
(
-1.74%
)
Bitcoin
67,130.87
(
0.64%
)
News Focus
News Focus
Post# of 9338
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Amaunet

Send PM Follow Ignore
Followers 16
Posts 7805
Boards Moderated 0
Alias Born 02/09/2001

Amaunet

Member Level

Re: Amaunet post# 278

Thursday, 03/25/2004 9:18:22 AM

Thursday, March 25, 2004 9:18:22 AM

Post# of 9338
China makes breakthrough in oil exploration

This should help alleviate the production decline at the Daqing oilfield.


www.chinaview.cn 2004-03-25 09:24:56

BEIJING, Mar.25 (Xinhuanet) -- China has discovered 40 billion tons of offshore oil and natural gas reserves.

The Vice Minister of the Ministry of Land and Resources says the reserves are concentrated in 38 depository basins in China's territorial seas.

What's more geological workers predict the Qiangtang basin in the Qinghai-Tibet plateau will prove to be rich in oil and natural gas reserves.



http://news.xinhuanet.com/english/2004-03/25/content_1383562.htm


Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now