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Dispute over South China Sea is About More than Oil and Gas, and Far from Over
The fight over territory is less about a scramble for resources in the South China Sea than it is about asserting sovereignty and hegemony in the region. Control over oil and gas reserves happens to be one component of that objective, but is not necessarily central to it.

China’s Oil Supply Declines Could Prove Critical in Rebalancing the Oil Market
In addition to its role as the top importer, China is one of the world's top five producers of oil. But its contributions to the global market are dwinding this year as its oil companies slash upstream investment.