Beijing - The China National Offshore Oil Corporation (CNOOC) has discovered an oilfield in the South China Sea with proven reserves exceeding 100 million tonnes, Xinhua news agency reported on Monday. The newly found Huizhou 19-6 oilfield is not in a disputed part of the South China Sea and lies within China's Exclusive Economic Zone, [...] The post China's CNOOC discovers 100 mln-ton oilfield in South China Sea, Xinhua says appeared first on SweetCrudeReports.