The Daqing oil field in northeast China is “closely related with the destiny of the nation,” in the words of the official state website. In operation since 1959, China’s largest oil field supplies about a third of the country’s dwindling petrochemical production. Along with China’s other major oil fields, Daqing’s decline has sparked a global shopping spree […]

via Quartz http://qz.com/121130/there-is-a-monster-aging-oil-field-at-the-heart-of-chinas-petro-purge/