China Petroleum and Chemical Corp boosted its proven oil and gas reserves at its second-biggest field by 16 percent this year after making "significant" progress in exploration, its parent said.
Sinopec, as China Petroleum is known, added 135 million tons of proven reserves at the Tahe field in Xinjiang Uygur Autonomous Region this year, increasing the accumulative deposits to 996 million tons, parent China Petrochemical Corp said in its in-house newsletter yesterday.
(Shanghai Daily December 10, 2008)