China’s CNPC Hits One Million-Ton Carbon Injection Milestone In Oilfield Push

China National Petroleum Corp. (CNPC) reports injecting over 1 million metric tons of CO₂ into one of its flagship oilfields in a single year, up from just 100,000 tons in 2022, with cumulative injections now exceeding 2 million tons. The achievement underscores China’s push to scale carbon capture and utilization (CCUS) as both a climate tool and energy security strategy. Analysts note China’s capture costs could fall to $30–$40 per ton, far below Europe’s $300, highlighting a competitive edge in industrial-scale deployment.
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