China's 50-year drought ends with 780 million barrel onshore strike

China's Ministry of Natural Resources reveals monumental hydrocarbon find, paving the way for large-scale exploration in the country’s central basin

Success: the Yuxiandi 1 well flowed 126 barrels per day of light oil.
Success: the Yuxiandi 1 well flowed 126 barrels per day of light oil.Photo: MNR/CCTV
Published 29 January 2024, 08:28Updated 29 January 2024, 15:43
ChinaMNRAsia & OceaniaEast Asia