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An oilfield was discovered in the South China Sea on Friday, and it has proven oil and gas reserves reaching 102 million tonnes of oil equivalent, according to the China National Offshore Oil Corporation (CNOOC).
(UPDATE) CHINA'S national oil giant China National Offshore Oil Corp. (CNOOC) made an oilfield discovery with a volume of 100 million tons in the eastern South China Sea, the company announced on Friday.
An oilfield was discovered in the South China Sea on Friday, and it has proven oil and gas reserves reaching 102 million tonnes of oil equivalent, according to the China National Offshore Oil Corporation (CNOOC).
(UPDATE) CHINA'S national oil giant China National Offshore Oil Corp. (CNOOC) made an oilfield discovery with a volume of 100 million tons in the eastern South China Sea, the company announced on Friday.
The Hong Kong stock market has moved lower in back-to-back sessions, dropping almost 280 points or 1.7 percent along the way. The Hang Seng Index now sits just above the 16,510-point plateau although it's due for support on Friday.