China North East Petroleum Holdings Limited has awarded a major drilling contract to Rising Sun Oil Exploration and Production Limited for the company's 2006 drilling program in the Qian112 oil field.

This marks China's first official disclosure of plans ... "Nations racing to develop autonomous systems must solve the puzzle ...

Daily production of 413 barrels of crude oil and 68,000 cubic meters of natural gas has been yielded after test drilling, a state news agency reported. The China National Offshore Oil Corporation ...