China Oil, Gas and Energy News

Updates from July, 2013

• China’s biggest offshore oil-and-gas producer Cnooc Ltd. (CEO) set a conservative crude oil and natural gas output target for 2013 but said it was boosting capital expenditure by up to 52% as it seeks to expand in the country and abroad.
• The Shengli opencast coal mine in Xilin Hot, Inner Mongolia. China’s five north-western provinces aim to increase coal production by 620m tonnes by 2015.