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China's largest ultra-deep oil, gas field built in Tarim Basin

Located in northwest China's Xinjiang Uygur autonomous region, Tarim Basin is a major petroliferous basin in the country. The oil and gas resources at a depth of more than 6,000 meters underground in the basin account for 83.2 percent and 63.9 percent, respectively, of China's total. Currently, China's exploration and…
Zhang Yu Duan Yongxian Xinjiang Uygur Wang Chunsheng Petroleum Machinery Co Ltd Tarim Basin

China steps up moves to tackle risky trading at key state-owned firms -sources

China is drafting new rules for its central state-owned companies in an effort to crack down further on certain kinds of high-risk trading activity, several people briefed on the matter said....
Mark Heinrich Dominique Patton China Railway Construction Group Corporation China North Industries Group Corporation Aluminum Corp China National Offshore Oil Corporation

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