China’s 2023 oil and gas output hits record high 390 mil mt oil equivalent

China’s combined oil and gas production hit a record high of more than 390 million mt of oil equivalent in 2023, representing an average annual growth rate of 11.7 million mt of oil equivalent, the National Energy Administration said in a statement released late Jan. 9. The record high output came on the back of China pushing its upstream exploration… China’s combined oil and gas production hit a record high of more than 390 million mt of oil equivalent in 2023, representing an average annual growth rate of 11.7 million mt of oil equivalent, the National Energy Administration said in a statement released late Jan. 9. The record high output came on the back of China pushing its upstream exploration… Read More