Joint measures planned to bolster nation's strategic crude oil reserves

China's National Energy Administration and the US Department of Energy inked an agreement on Thursday that will see the two sides work together to bolster China's strategic crude reserves.

Wu Xinxiong, head of the NEA, and Ernest Moniz, US secretary of energy, signed the memorandum of understanding and discussed cooperation opportunities in sectors like shale gas, liquefied natural gas trading, nuclear projects and non-fossil energy.