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China's largest petrochemical products supplier announced on Wednesday that it had achieved a record depth in its ultra-deep oil and natural gas drilling exploration efforts.

The annual output of the Sulige gas field, owned by China's major oil and gas producer PetroChina, reached a domestic record of 30.04 billion cubic meters as of Monday, according to PetroChina's Changqing Oilfield.

A new gas field and a new pipeline section were connected on Wednesday to Russia's Power of Siberia pipeline, indicating full completion of the major gas route.

Asia's largest offshore oil production platform, operated by the China National Offshore Oil Corporation (CNOOC), has been put into production, according to the company.

The Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, on Sunday agreed to stick to its oil output target against the backdrop of sliding crude prices and an imminent Western countries' price cap on Russian oil.

Stake in Buzios oilfield doubles to 10%, promising energy supply for China

CNOOC Petroleum Brasil has doubled its stake in the Buzios oilfield in Brazil to 10 percent from 5 percent, its parent China National Offshore Oil Corp announced on Thursday.

The recent operation of China's largest coal-bed methane field in Qinshui county in Jincheng city has made the headlines of the energy industry in Shanxi province.

A new geological shale gas field with a preliminary proven shale gas reserves of 146 billion cubic meters, was discovered in the Qijiang district of Chongqing recently, according to the field's developer, China Petrochemical Corp, or Sinopec, China's largest oil refiner.