National Oil and Gas Exploration and Development Achievements in 2022

1、 Crude oil output returned to 200 million tons after six years 2、 Natural gas output has exceeded 10 billion cubic meters for six consecutive years 3、 Deep-ground engineering promotes new breakthroughs in ultra-deep oil and gas

Energy Reform China Energy 2023-01-22

Change of China's Second Largest Oil and Gas Field

The crude oil output of CNOOC Bohai Oilfield exceeded that of PetroChina Daqing Oilfield last year, becoming the largest crude oil production base in China. This year, the total oil and gas volume exceeded that of Daqing Oilfield, becoming the second largest oil and gas field in China after Changqin

CNOOC 2023-01-22

Sinopec Held the 2023 Working Conference

On January 12, the working meeting and HSE working meeting of the group company was held in Beijing. The meeting mobilized all cadres and employees to shoulder the new mission with new responsibilities and promote high-quality development with cohesion.

Sinopec 2023-01-14

Sichuan Basin's Natural Gas Production Hits a New High in 2022

Southwest Oil and Gas Field, the largest natural gas producer in Southwest China, put more than 300 wells into production last year, built more than 10 billion cubic meters of new capacity, and produced 38.34 billion cubic meters of natural gas annually, making it the fifth largest oil and gas field

China Exploration 2023-01-07

PetroChina Completed the First 50 Billion m3/a Gas Area

The annual natural gas output of PetroChina Changqing Oilfield has exceeded 50 billion cubic meters, accounting for 1/4 of the national natural gas output in the same period, marking the establishment of the first domestic strategic atmospheric area with an annual output of 50 billion cubic meters.

CNPC PetroChina 2023-01-07

Circular of the Ministry of Natural Resources on Ensuring Land for Mining

The Ministry of Natural Resources issued the Notice of the Ministry of Natural Resources on Ensuring Mining Land, which will support the normal supply of mining land in various regions and ensure the security of national energy and resource supply. Valid for 3 years.

China Crude Futures China Policy 2022-12-04

ECF & CCOP Names ECF2022 Awards for Tech Innovation

Energy China Forum and CCOP on Oct. 19, 2022 unveiled the honorees of the ECF 2022 Awards for Tech Innovation (ECFs) program. ECF Energy Tech Innovation Awards is Initiated by Shanghai United Institute for Unconventional Resources and the Coordinating Committee for Geoscience Programmes in East and

2022-10-31

PetroChina's Operating Revenue in the First Three Quarters Was 2.46 Trillion Yuan

PetroChina announced that in the first three quarters of 2022, achieved operating revenue of 2.46 trillion yuan, +30.6% yoy; net profit attributable to shareholders of the parent company was RMB 120.271 billion, +60.1% yoy; net cash flow from operating activities +38.3% yoy.

Global Market CNPC 2022-10-30

China's Oil and Gas Production Has Steadily Increased This Year

PetroChina, Sinopec and other enterprises enhanced exploration. From January to April, the oil and gas production of major onshore oil and gas producing areas in China increased steadily.

Opinion China Energy 2022-10-16

【ECF Weekly】16 Year Exploration of Shale Gas in Sichuan Basin

【ECF Weekly】16 Year Exploration of Shale Gas in Sichuan Basin

ECF Weekly 2022-10-02

Southwest Oil and Gas Field Get High Yield Industrial Gas Flow

The daily gas production of Moxi Well 019-H4 in Southwest Oil and Gas Field is 828900 m3, and the daily open flow is 1337700 m3.

China Shale Gas 2022-10-02

Ten New Drilling Records of Jiaoye 107-1HF Well

Well Jiaoye 107-1HF is completed. The designed well depth is 5531m, the actual well depth is 5537m, the average penetration rate is 13.6m per hour, and the drilling cycle is 39.96 days, which breaks ten records of shale gas wells in the block, including the shortest drilling cycle, the highest foota

China Exploration China drilling 2022-09-25

21 Sinopec Technologies Were Selected into the Advanced Technology Catalog

The Ministry of Natural Resources issued the Catalogue of Advanced and Applicable Technologies for Saving and Comprehensive Utilization of Mineral Resources (2022 Edition), and 21 technologies of Sinopec were selected.

Tech Sinopec 2022-09-25

Fully Liberalize the Oil and Gas Exploitation Market in China

The Ministry of Natural Resources held a press conference to introduce the reform of the mining right transfer system, the reform of oil and gas exploration and production management, and the reform of reserves management.

China Economy China Policy 2022-09-18

Natural Gas of Jianghan Oilfield Has Exceeded 50 Billion Cubic Meters

As of September 8, the cumulative production of natural gas in Jianghan Oilfield has exceeded 50 billion cubic meters. At present, the daily gas production is nearly 20 million cubic meters.

China Gas 2022-09-18

New Proven Geological Reserves of Natural Gas in China are 1628.4 Billion Cubic Meters

The proportion of natural gas in the primary energy consumption structure has steadily increased, and the new proven geological reserves of natural gas in China are 1628.4 billion cubic meters.

China Gas China Economy 2022-09-11

PetroChina Continued to Improve in the First Half of the Year

In the first half of 2022, PetroChina realized an operating income of 1.6 trillion yuan and a net profit attributable to the shareholders of the parent company of 82.39 billion yuan.

PetroChina 2022-08-27

North China Oil and Gas Production This Year Has Exceeded 3 Billion Cubic Meters

As of August 12, North China Oil and Gas Company has produced 3.009 billion cubic meters of gas this year.

China Gas China Exploration 2022-08-23

Cumulative Gas Production of Xinsheng 201 Well Exceeds 10 Million Cubic Meters

As of August 16, the cumulative gas production of Xinsheng 201 well in Zhongjiang Gas Field has reached 11.26 million cubic meters since it was put into operation.

China Gas China Exploration 2022-08-20

CNOOC Increases Budget Expenditure and Expects to Increase Production in 2022

CNOOC increased its budget expenditure and is expected to increase production in 2022. CNOOC is expected to push 13 new projects into production this year.

Global Market CNOOC 2022-08-18