SHANGHAI (AFX-ASIA) – PetroChina Co Ltd will reduce this year’s crude oil output from Daqing oilfield by 3.7% from 2002, as a result of depleted reserves at the field, said Ma Fucai, chairman of PetroChina’s parent China National Petroleum Corp, according to the People’s Daily. Mr Ma said planned crude output from the oilfield is…

This article is for Subscriber members only.
Log In Register