China Discovers Major Oilfield in South China Sea

China’s National Offshore Oil Corporation (CNOOC) has made a significant discovery in the eastern South China Sea, unveiling a massive oilfield with proven reserves exceeding 100 million tonnes. The newly discovered Huizhou 19-6 oilfield is located approximately 170 kilometers (100 miles) from Shenzhen in Guangdong Province. According to state-owned Xinhua News Agency, test drilling at…