China's Oil Production Surges, Foreign Investors Face Hurdles
Update: 2025-12-11
Description
Chinas oil production soars, ending Seven-Year Action Plan with record output, driven by increased drilling, unconventional oil, and sector restructuring. Despite private company involvement, state-owned enterprises dominate, with PetroChina leading. Foreign investors face challenges, suggesting domestic gains wont displace import dependence.
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