• Asia,
  • World

    • Sinopec Finds 180M-Tonne Shale Oil Reserves, Boosting China’s Energy Security

    By on March 25, 2025

    Beijing:  Sinopec, China’s largest oil refiner, has announced the discovery of two major shale oilfields in the east of the country with combined proven reserves of 180 million tonnes, after the discovered reserves in the Xinxing shale oil field in eastern China underwent review and registration by the Chinese Ministry of Natural Resources.

    Sinopec affirmed that these reserves represent the first batch to be confirmed under the shale oil reserve estimation rules, which took effect last January, making the Xinxing field the first shale oil field in China to surpass the 100-million-ton reserve threshold.

    The field is located in the Shengli Jiyang National Shale Oil Model Zone, operated by Sinopec in Shandong Province, eastern China, with data indicating that geological reserves exceed 140 million tons, while recoverable technical reserves are estimated at 11.36 million tons.

    In addition, Sinopec continues to intensify shale oil exploration and development, achieving major breakthroughs across multiple sites as part of a strategy to enhance China’s energy security and reduce reliance on crude oil imports.

    more recommended stories

    Terms of Use:

  • This website Arabian Daily is an individual’s property, not used for any commercial or sales purposes. What you see here are one’s random thoughts in action. I, by no means, endorse any product or party through this, unless stated explicitly.
  • All work you will find here is copyrighted unless stated otherwise. No part of this work can be reproduced in any way with the exception of a) if you share our work, it should link back to this website; b) if you quote any part of our work, it should be properly credited to us with a link to this website.
  • All images used on this website have been taken from open source image websites on the Internet. If any of them are copyrighted to you and you want us to take them down or add credits, please feel free to contact us here, or by using the contact form on this page.
  • The views expressed on Arabian Daily are solely ours. They do not represent any party or any particular school of thought. This website does not promote racism in any form.
  • Privacy Policy:
    This website will respect the readers’ and the writer’s privacy. We do not sell any of their personal or contact information to another company. We do not put your information on spam lists. Also, and more importantly, we are not responsible for the privacy practices of any of our advertisers or website commenters.
  • Reserve Rights: We reserve the right to change the focus on this website, to shut it down, sell it or to change the terms of use at our own discretion.