China has struck black-gold after discovering 100 million tons of oil beneath the seabed. A major oilfield, called Huizhou 19-6, was recently found in the deep and ultra-deep layers under the South ...

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream Wenchang 9-7 oil ...

China's oil and gas exploration in the eastern South China Sea has seen consecutive breakthroughs, with oilfields exceeding 100 million tonnes in reserves discovered for two straight years ...

BEIJING (Reuters) - The China National Offshore Oil Corporation (CNOOC) has discovered an oilfield in the South China Sea with proven reserves exceeding 100 million tonnes, Xinhua news agency reported ...

HANOI - Seething international tensions over the South ... a map of the world showing the disputed South China Sea islands under Beijing’s control. The South China Sea is home to valuable oil ...

This undated photo shows a drilling platform at Huizhou 19-6 oilfield in the eastern South China Sea. [Photo/Xinhua] SHENZHEN -- The China National Offshore Oil Corporation (CNOOC) announced on ...