China's oil production is expected to remain flat in 2025, while India's oil demand growth outpaces China's amidst a shift in global energy consumption patterns.
China Petroleum & Chemical Corp, or Sinopec Corp, said on Friday it processed 2.03% less crude oil in 2024 versus 2023 and ...
China's oil and gas production in 2024 surpassed 400 million tons of oil equivalent (TOE) for the first time, according to data released on Monday by the National Energy Administration (NEA).
The implications of China hitting peak oil are enormous. If Chinese demand is reaching a plateau that would fulfil projections by the IEA of global oil demand peaking before 2030. The forecast ...