Updated
Updated · Global Times · Apr 29
China discovers 225 new oil and gas fields during 2021-2025
Updated
Updated · Global Times · Apr 29

China discovers 225 new oil and gas fields during 2021-2025

9 articles · Updated · Global Times · Apr 29
  • The Ministry of Natural Resources reported 13 oil fields with reserves over 100 million tons and 26 gas fields exceeding 100 billion cubic meters, with total investment reaching nearly 450 billion yuan.
  • Proven petroleum and hydrocarbon gas reserves rose by over 50% and 44% respectively, while 2025 crude oil production hit a record 216 million tons and natural gas output surpassed 260 billion cubic meters.
  • Breakthroughs include deep-sea and unconventional resource development, with offshore output exceeding 90 million tons and shale oil and gas providing key support for energy security and self-sufficiency.
China's energy plan beat the 2026 oil crisis, but what is the long-term cost of its state-driven push?
As China hits record oil output, is its EV revolution making these new fossil fuel discoveries obsolete?
With AI boosting fossil fuel output, is China's complete energy independence now an inevitable reality?
Can China's dual strategy of more oil and more solar truly secure both its economy and climate goals?
How will China's deep-sea energy dominance reshape its naval strategy and challenge U.S. influence?
As China’s domestic gas booms, is Asia's lucrative LNG import market facing a permanent decline?