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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.

BEIJING - China's crude oil output reached 95.39 million tons in the first half of the year, up 0.8 percent over the same period last year, reversing the downward trend of the past three years, an official said Thursday.

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.

MUSCAT - China's purchases of Omani oil reached 70 percent of total Omani oil exports in June, the monthly report of Oman's Ministry of Oil and Gas said on Wednesday.

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.

BEIJING -- China's oil and gas industry saw steady growth in 2018, with expansion reported in both proven reserves and annual output, according to the Ministry of Natural Resources on Monday.

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.