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China's upstream investments unlikely to slow despite energy transition | Hellenic Shipping News Worldwide - Vimarsana News

China's upstream investments unlikely to slow despite energy transition | Hellenic Shipping News Worldwide

PetroChina and China National Offshore Oil Corp. Ltd posted sharp increases in oil and gas output in the first nine months of 2021, a sign that China’s top state oil firms are aggressively pursuing plans to boost domestic fossil fuel output despite the nation’s energy transition journey gaining speed. Analysts said most major state-owned companies ...