BEIJING - China's crude oil output gained 2.5 percent year-on-year in July, data from the National Bureau of Statistics (NBS) showed Wednesday.

Country looks inward for high-tech materials

China is sitting atop the biggest trove of strategic rare earth elements on the planet - 40 million metric tons, more than a third of the estimated global total.

China National Offshore Oil Corporation, China's largest producer of offshore oil and gas, has signed a strategic framework agreement with the Abu Dhabi National Oil Company to explore new opportunities for collaboration in both upstream and downstream sectors, as well as in liquid natural gas, on Monday.

National coal supply and demand managed to stay balanced in the first half of 2019, although situations differ from region to region, Zhang Hong, deputy secretary-general of the China National Coal Association, told a media conference on Tuesday.

DALIAN - The world's first intelligent very large crude carrier (VLCC) with loading capacity of 308,000 tonnes was delivered to its customer in the coastal city of Dalian in Northeast China's Liaoning province on Saturday.

BEIJING - China's iron ore output expanded faster in May, official data showed.

The country's iron ore output totaled 70.787 million tons last month, up 1.5 percent year-on-year, faster than the 1.2-percent growth in April, the National Bureau of Statistics (NBS) said.

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