China discovers world's largest metamorphic oil field, sparking hopes of reduced oil prices.

China has discovered the world's largest metamorphic oil field in the Bohai Sea, with a cumulative proven reserve of over 200 million cubic meters. The oil field is expected to produce over 30 million cubic meters of crude oil and 11 billion cubic meters of natural gas. This discovery is significant for China, as it will help reduce the country's dependence on imported energy and alleviate its current oil shortage. The breakthrough also demonstrates the advanced level of China's oil exploration and drilling technology.
#OilImports#ChinaOil#EnergyNews

[PIT]

God bless China... Viva China 🇨🇳🧠💪👍👏🙏❤️😎😎😎

[ChrisHereToday]

Amazing find. Resources are in abundance in China. China’s technology is finding more and more resources

[MASMIWA]

China is on a roll in domestic oil production with finds also in Xinjiang and the South China Sea. ...and to top it off, China has developed a process to recover uranium from the ocean.

I would also add that China's development of fourth generation nuclear reactors using thorium and its development of fusion reactors, places China in the lead for carbon free energy.

[ajitsanghi]

The saying as old as the hills: "God helps those who help themselves" goes for the Chinese who are triple blessed due to their sincerity, progressive, diligent and very hardworking attribute imbibed in them.

[AshleyMcIntosh-zzkr]

Perhaps China could help Venezuela to get its oil out to market with drillng equipement etc.

[RobertWarman-il]

Go china the world knows that you have done allot of the worlds heavy lifting and delivers value to most consumers, the river in my town runs cleaner thankyou

[TheWizardWhiteHawk]

Good for China we all need our own reserve

[nestorportuguez]

China give the real Oil field to the real owner Philippines..please do not overlap..you will face failure.

[yankeepapa]

Why speak in tongues, why not just explain in plain man's language how much the proven reserves in barrels of oil instead of cubic metres!!

[robertlewis]

So ah why would anyone refer to it as new? Its been in production for over 50 years? My advice, puff puff pass...

[nestorportuguez]

it is a territory of Philippines...Pilipino own that field.

[rubiconklbrutorowman]

Dumb-AI keep repeating the same information over and over again! So much 4 AI tech!

[jayscott]

Oh you mean the oil field ConocoPhillips discovered don’t you.

[Anhorish]

Is the syntax a google translation with a computer voice? It is often incoherent.

[picandvideo]

Most likely just cover up for reduction in petro consumption. China green energy output has increased significantly and NEV market is taken over.

[JamesBand-sq]

God is giving each country wealth and land so lets stop being grabber and robbers of other nation lets be thankful and content with what we have

[obiwan]

Yes! China's oil price will fall... 😅

[rollyherrera]

I dont believe it! To the investor; Dont!

[leapdrive]

Two hundred million cubic meter is only a drop in a bucket or in the low tens of billions of dollars. Contrast that to the 26 billion barrels of oil the Philippines has in the West Philippine Sea which the Philippines own and China will never own and you’ll see the difference.

[Fr.VeniceLAI]

China has also discovered Time-Travel into the Future and able to bring back future 25th Century Advanced Technology and Machinery and as well as Space Travel Craft to present time back to the 21st Century, giving China 400 years of advanced Science & Engineering over all other Nations.