Domestic Finished Oil Prices Have Significantly Decreased

This year, the finished oil price has been lowered for the fifth time, and the price adjustment of finished oil has shown a pattern of "three rises, five falls, and two stalls" within the year.

China oil storage Oil 2023-05-20

Qinghai Oilfield Has Achieved 32.73% and 36.66% of Oil and Gas Targets in 2023

As of May 8, Qinghai Oilfield has completed 32.73% and 36.66% of the oil and gas task targets for 2023.

China Exploration 2023-05-13

【ECF Weekly】China Promotes Large Wind Power Photovoltaic Base

【ECF Weekly】China Promotes Large Wind Power Photovoltaic Base

ECF Weekly 2023-05-06

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).

【ECF Weekly】China Crude Oil Processing Volume +5.2% YOY in Q1

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The National Crude Oil Processing Volume Increased by 5.2% YOY in Q1

According to data from the National Bureau of Statistics, in March 2023, the national crude oil processing volume was 63.29 million tons, a year-on-year increase of 8.8%, which was 5.5 percentage points faster than January to February. The daily average crude oil processing volume was 2.042 million

China Oil Output 2023-04-22

Jianghan Oilfield Made a Good Start in the First Quarter

In the first quarter, Jianghan Oilfield efficiently organized production and operation, and oil and gas production exceeded the headquarters plan, achieving a successful start.

PetroChina, Sinopec, and CNOOC Made a Net Profit of 360 Billion Yuan

PetroChina, Sinopec, and CNOOC Made a Net Profit of 360 Billion Yuan

CNPC Sinopec CNOOC 2023-04-02

"Key Core Technologies" Required to be Broken Through in the Government Work Report

In this year's government work report, in addition to emphasizing the importance of domestic exploration and development and increasing storage and production, the most important thing is to promote key core technology research, digital transformation of traditional industries, research and developm

Record Large Borehole Construction in Bohai Drilling

The second spud construction of well Gao 31-ping 10 constructed by Bohai Drilling Company was successfully completed, creating the fastest record of "one-time drilling" construction of large borehole size in fault block Gao 5.

Annual Output of Changqing Oilfield Has Exceeded 65 Million Tons

PetroChina Changqing Oilfield, the largest oil and gas field in China, produced 65015500 tons of oil and gas equivalent throughout the year, creating the highest annual oil and gas production record in China.

China Exploration 2023-02-19

China's Energy Economy Will Return to 2019 Level in 2023

The Research on China's Energy Economy Index in 2022 points out that China's energy economy and macroeconomic are in a similar cycle, and the trend of macroeconomic and energy economy is good in 2023, and is expected to return to the level of 2019.

China Energy 2023-01-29

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

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.

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%.


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


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

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