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

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

Southwest Petroleum Bureau Produced More than 7 Billion Cubic Meters of Gas This Year

Southwest Petroleum Bureau has produced more than 7.17 billion cubic meters of natural gas this year, up 4.7% year on year; More than 100 new wells have been put into production, with a year-on-year growth of 14%.

2022-11-19

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

23 Large Oil Fields of 100 Billion Tons and 28 Large Gas Fields of 100 Billion Cubic Meters Have Been Discovered in the Past Decade

23 large oil fields of 100 billion tons and 28 large gas fields of 100 billion cubic meters have been discovered in the past decade.

China Investment China Energy 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

Inner Mongolia Fracturing and Oil Testing Project Finished

The fracturing and oil testing project in the Inner Mongolia exploration area, which lasted nearly 3 months, was successfully completed and highly praised by Party A's Zhongyuan Oilfield.

Service China Exploration 2022-09-18

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

Cumulative Oil Production in Fire Drive Industrial Test Area of Xinjiang Oilfield Exceeded 500000 Tons

The cumulative oil production in the fire drive industrial test area of Xinjiang Oilfield exceeded 500000 tons, and the recovery degree of the block increased from 32.5% to 42%.

Tech China Oil 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

Sichuan Expands Energy Investment by Nearly 50 Billion Yuan

Sichuan's investment in energy projects in the first seven months was 49.3 billion yuan (+4.0% yoy). Among them, the investment in oil and gas projects was 15.9 billion yuan (+8.9% yoy).

China Investment China Energy 2022-08-16

Application of All-Electric Reservoir Reconstruction Technology in Subei Work Area

All electric reservoir reconstruction technology was first applied in Xiangyang 101 inclined well of East China Petroleum Bureau.

Tech China Environmental Protection 2022-08-12

Deepest Well of "Shendi No. 1" Reached 9300 Meters, Setting a New Record in Asia

Sinopec's "Shendi Project" has made a breakthrough. The Shunbei 803 inclined well test obtained high-yield industrial oil and gas flow, converted to 244.3 tons of crude oil and 970000 cubic meters of natural gas per day, and the oil and gas equivalent reached 1017 tons.

Sinopec China drilling 2022-08-12