China’s Oil Pumping Power Breaks All Records
China is closing 2025 with the strongest domestic crude output in its modern history, ending its Seven-Year Action Plan (2019–2025) with measurable gains. National production has risen from 3.8 million b/d in 2020 to an average of 4.3 million b/d in 2025, a roughly 12% increase, driven by accelerated drilling activity, rising unconventional output, and the most significant restructuring of its upstream sector in decades. The expansion reflects Beijing’s strategic aim to strengthen energy security through domestic supply... Читать дальше...