China to hit oil demand peak by 2030

China expected to reach peak oil consumption during 2026-2030, driven by electric vehicles and new energy sources. Global oil demand peak forecast revised upwards and delayed to 2040.

China's shale oil base achieves production breakthrough

China's first national-level continental shale oil demonstration zone in Xinjiang achieved its annual crude oil production target of 1.7 million metric tons ahead of schedule, marking a significant breakthrough in unconventional resource extraction.

Rosneft assesses Russia-China trade structure

Rosneft CEO Igor Sechin spoke at the 7th Russia-China Energy Business Forum, highlighting energy cooperation and trade structure between the two countries.