Wall Street Journal (blog) | China's Oil Industry Destined for Big Changes Wall Street Journal (blog) China's largest oil fields are the stuff of Communist Party folklore, but today they're potent symbols of the challenges facing China's energy industry. Significant falls in the first half of this year at China's biggest-producing oil fields — Daqing ... China's Oil Majors Are Punished, Profits Plunge In Market Blood Bath China's Oil Majors Are Burning Through Oil Reserves Bleak forecast for Chinese oil giants PetroChina, Cnooc |