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A thermal spring rich in the rare gas helium has been identified in Tibet Autonomous Region, and has the potential to be exploited, the Science and Technology Daily reported Thursday.

China has allocated 19.33 million mt of oil product export quotas under the general trade route to the country's five state-owned oil companies -- CNPC,

World's top gold producer and consumer China produced 98.216 mt (3.16 million oz) of gold in the first quarter of 2018, down 3% from a year earlier, the China Gold Association said Monday on its website.

China National Offshore Oil Corp (CNOOC) will next week auction one or two cargoes of liquefied natural gas (LNG) for delivery later in the year on the Shanghai Petroleum and Gas Exchange, the state-controlled company's first such deal.

Over 4.8 billion tonnes of coal and nearly 100 billion cubic meters of natural gas reserves have been discovered in east China's Anhui Province.

Low-grade iron ore that has fallen out of favor with many of China's steelmakers is still in demand as mills keep buying the cheaper product, according to a junior Australian supplier.

The price of the main contract of China's crude oil futures settled at 420.3 yuan (76 U.S. dollars) on Friday, 4.3 yuan higher than its listed benchmark price at 416 yuan per barrel.

On Friday, the Shanghai International Energy Exchange (INE)

China's first shale gas field Fuling, with an annual capacity of 10 billion cubic meters, has become the world's second largest next to North America, Ecns.cn reported on Monday.