Energy Video: China oil upstart overtakes U.S. giant Add to ... AP Video Published Friday, Mar. 30 2012, 6:49 AM EDT Last updated Friday, Mar. 30 2012, 6:50 AM EDT A big shift is happening in Big Oil: an American giant now ranks behind a Chinese upstart. Watch More Video: Pope slams 'savage capitalism' Review after Indonesia mine deaths North Korea targets tourism Double thumbs up for JPMorgan's Dimon China Tea Leaf Index: A double property bubble Sensing property revival, Japanese buyers scurry for shelter Microsoft unveils Xbox One Mark Carney: 'You shouldn't judge your own legacy' Tim Cook defends Apple's tax accounting G4S boss Buckles under pressure Can Danone reassure Chinese moms that their babies' food is safe? Blast at explosives factory kills 13 Vodafone's Verizon dilemma Korea takes the fashion world by stealth The Tumblr effect: China's Internet giants on the prowl Making sense of Yahoo's Tumblr deal Tumblr fills void in Yahoo's offerings: analyst Leadership lessons from Manchester United Should Greece go back to the drachma? Ryanair's high-flying results 1 comment Print AA A big shift is happening in Big Oil: an American giant now ranks behind a Chinese upstart.