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HARBIN, China, March 17, 2026 (GLOBE NEWSWIRE) -- "When water cut of the oilfield reaches 95% and water-oil ratio hits 19:1, oil production is equivalent to searching for oil in water," said Zhao...
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HARBIN, China, Dec. 19, 2025 (GLOBE NEWSWIRE) -- China's longest-serving underground gas storage facility, located in Daqing Oilfield in the northeastern province of Heilongjiang, has seen injection...
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HARBIN, China, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Daqing Oilfield, one of China's largest energy production bases, announced on Friday that its Gulong shale oil block in northeast China has surpassed...