INDUSTRY NEWS

【ECF Weekly】Surge in Share Buybacks Signals Strong Market Faith

【ECF Weekly】Surge in Share Buybacks Signals Strong Market Faith

2025-04-12

Breakthrough CBM Extraction Tech Enhances Mine Safety and Efficiency

China Coal Tech's new CBM extraction system, featuring advanced drilling and fracturing technologies, has been applied in over 40 mines nationwide. It enhances gas recovery from complex coal seams and sets new records for deep CBM wells. The innovation marks a major step in safe, efficient, and gree

Tech China Coalbed methane (CBM) China Emissions 2025-04-11

XCMG Modular Drilling Rig Powers Green CBM Development in Shenmu

XCMG’s XSM2250 modular drilling rig is accelerating CBM development in Shenmu City with daily drilling exceeding 600 meters. Designed for efficiency and mobility, it reduces setup time and costs while enhancing environmental performance. XCMG continues to innovate in green drilling technologies to s

Tech China Coalbed methane (CBM) Environmental Protection 2025-04-10

Central SOEs Launch Billions in Buybacks to Stabilize China's A-Share Market

China's state-owned giants—including PetroChina, Sinopec, and CNOOC—have initiated large-scale share repurchases and stake increases totaling tens of billions of yuan. These moves, backed by Central Huijin and SASAC support, aim to stabilize capital markets, boost investor confidence, and reflect st

China Oil China Policy China Investment 2025-04-09

Western Sichuan Gas Field Surpasses 2 Billion Cubic Meters in Production

The Western Sichuan Gas Field has exceeded 2 billion cubic meters of gas output since its 2024 launch. The project emphasizes integrated gas extraction, purification, and delivery under complex geological and safety conditions. Innovative production, risk control, energy efficiency, and lifecycle ma

Digital Energy China Gas 2025-04-08

China Advances Core Sample Data Integration with National Scientific Drilling Project

China's core scientific drilling data initiative, launched in 2022 and led by the National Geoscience Sample Center, is building an integrated, multi-parameter core sample database. The 2024 review meeting confirmed major progress in data collection, integration, and visualization, and set the stage

Tech Digital Energy China Exploration 2025-04-07

【ECF Weekly】Digital Fracturing Boosted by CNPC and Huawei

【ECF Weekly】Digital Fracturing Boosted by CNPC and Huawei

Tech CNPC PetroChina Sinopec ECF Weekly 2025-04-05